Two-wheelers are an essential part of daily travel in both urban and rural areas, valued for their low cost, efficiency, and flexibility. Yet launching a new two-wheeler project—especially an electric one—presents several hurdles: technological constraints, infrastructure gaps, high costs, and inconsistent policy support. This study conducts a structured literature review to analyze technology, policy, market readiness, and safety aspects. The paper synthesizes findings on adoption barriers, safety concerns, battery-swapping models, manufacturing strengths, and customer preferences. Major challenges include high upfront prices, inadequate charging infrastructure, limited range, safety risks, and policy implementation. Promising opportunities also emerge, such as battery-swapping networks, advanced safety systems, and localized manufacturing strategies, when paired with targeted incentives and upgraded infrastructure. Successful initiation requires a coordinated strategy integrating technology, safety, policy, and market readiness. Collaboration between industry and government is vital for long-term growth. These insights support the effective planning and execution of future initiatives, enabling a more sustainable and accessible mobility ecosystem.