Description: Dirac Electric Pvt. Ltd. is a startup that specializes in manufacturing a wide range of electric motorcycles.
In 2020, the electric bike market in India was valued at USD 1.02 million and by 2026, the market is expected to reach USD 2.08 million while accelerating at a CAGR of 12.69 %(2021-2026).
Despite the lockdowns and economic slowdown in India, the electric bike market generated a revenue of USD 1.02 million. And 65% of the demand for electric bicycles is from tier 2 and tier 3 cities.
The Indian government aims to make the country a 100% electric-vehicle nation by 2030. Ambitious alright, but at DIRAC Electric , we take on improbable challenges and with ferocious torque, achieve lofty goals.