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Electric two and three-wheel vehicles already account for 15% of the global stock and remain a huge growth market, particularly in India and other countries in Asia and Africa. Sales are expected to reach around 100 million in the next five years (see #iea Global #EV Outlook 2025, https://www. iea.org/data-and-statistics/ch arts/electric-two-three-wheelers-stock-in-the-stated-policies-scenario-2024-2030 )

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Electric two and three-wheel vehicles already account for 15% of the global stock and remain a huge growth market, particularly in India and other countries in Asia and Africa. Sales are expected to reach around 100 million in the next five years (see #iea Global #EV Outlook 2025, https://www. iea.org/data-and-statistics/ch arts/electric-two-three-wheelers-stock-in-the-stated-policies-scenario-2024-2030 )

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Chart showing electric two-/three-wheelers stock in the Stated Policies Scenario, 2024-2030.

2024: approximately 70 million vehicles
2030: approximately 170 million vehicles

Source: IEA Global EV Outlook 2025