A plug-in hybrid electric vehicle (PHEV) is an HEV that can be plugged-in or recharged from wall electricity. PHEVs are distinguished by much larger battery packs when compared to other HEVs. The size of the battery defines the vehicle’s All Electric Range (AER), which is generally in the range of 30 to 50 miles. PHEVs can be of any hybrid configuration. PHEVs start in ‘all electric’ mode, runs on electricity and when the batteries are low in charge.
India electric scooters and motorcycles market size valued at $24.6 million in 2016, it is expected to grow at a CAGR of 45.4% during 2017- 2025. Some 4,50,000 electric two-wheelers were sold in India in the past eight years. The potential of electric vehicles in this segment is massive, say industry executives, given that more than 17 million two-wheelers are sold annually in the country. This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
· Bajaj Auto Ltd.
· Honda Motorcycle & Scooter India (Pvt.) Ltd.
· India Yamaha Motor Pvt. Ltd.
· Kabirdass Motor Co. Ltd.
· Mahindra Two Wheelers Ltd.
· Piaggio Vehicles Pvt. Ltd.
· Scooters India Ltd.