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India's Electric Two-Wheeler Market Electrifies Growth Amid Policy Shifts

TL;DR

India's electric two-wheeler segment is witnessing robust growth, driven by increasing consumer adoption and active participation from key manufacturers, despite recent adjustments to government subsidies like FAME-II.

India's electric two-wheeler market is experiencing an unprecedented surge, consistently posting robust sales figures month-on-month, even amidst evolving government policy landscapes. This growth is a testament to increasing consumer awareness regarding sustainable mobility, coupled with competitive offerings from key players like Ola Electric, Ather Energy, TVS Motor, and Bajaj Auto. Despite adjustments to the FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) subsidy, the market has demonstrated resilience, indicating a strong underlying demand for electric scooters and motorcycles. Manufacturers are continuously innovating, introducing new models with improved range, performance, and features, making EVs more attractive and viable for the average Indian commuter. The expanding charging infrastructure, though still nascent in some areas, is also contributing to buyer confidence. This electrification trend is not merely about sales; it represents a significant shift in India's automotive paradigm, promising cleaner air and reduced reliance on fossil fuels, with the electric two-wheeler segment leading the charge.

EvMotorcycleNews

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