The introduction of new brands and government efforts to push for electric vehicles (EVs) seems to be yielding results but only in some segments of the automobile industry and in some states.
A Business Standard analysis of data from the Vahan portal found that registrations of electric two-wheelers (E2Ws) accounted for nearly two per cent of total two-wheeler sales in the passenger segment in the last fiscal. Of the 12 million two-wheelers sold in 2021-22, 228,669 were electric two-wheelers.
Overall, though two-wheeler sales were muted last fiscal year, growing only 3.8 per cent over 2020-21, sales of E2Ws grew 480.8 per cent,