eV 2-Wheelers

An analysis by Autocar Professional of the 11 leading electric two-wheeler makers in India reveals that in the first six months of 2021, a total of 29,288 units were sold, thus surpassing total sales of 2020 (25,598 units), despite the second wave of Covid-19. This clearly proves that the wave of demand of electric two-wheelers has begun.

eV 2-Wheeler Market
EV companies fret over removal of subsidy
eV 2-Wheeler

The future is looking as good as the present for the electric two-wheeler industry. The recent revision of the FAME II subsidy scheme, ever-rising prices of petrol, and states such as Gujarat and Delhi announcing strong support to electric two-wheelers, the scope and potential for these emission-free vehicles on two wheels is tremendous.

Understandably, EV makers are bullish about growth this year and beyond. While Hero Electric’s managing director, Naveen Munjal, says EV sales are expected to hit the 30-million mark by 2030, Ather Energy’s CEO Tarun Mehta believes around 40 percent of petrol-engine scooter sales can be converted to electric scooters by 2025. And Ola Electric is all set to roll out its much-awaited scooter soon.

Courtesy: AutoCarIndia.com