Pro Plus

High-speed electric two-wheeler sales cross 100,000 units for the first time

We reveal the Top 25 players in January-November; at 116,669 units, industry notches 355% YoY growth. Hero Electric, Okinawa and Ather command 67% market share.

By Nilesh Wadhwa calendar 09 Dec 2021 Views icon49992 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
High-speed electric two-wheeler sales cross 100,000 units for the first time

Proof that electric two-wheelers, the low-hanging fruit of the electric vehicle industry in India along with the three-wheeler segment, are on a roll is in the charged-up market sales. Autocar Professional’s analysis of the high-speed e-two-wheeler industry’s sales for the first 11 months of CY2021 (January-November) reveals that sales have surpassed the 100,000-unit mark for the first time.

Total sales from 25 EV OEMs (as exclusively detailed in the accompanying data table below) are 116,669 units. This constitutes a 355% year-on-year increase (CY2020: 25,598 units), albeit on a low-year ago total and a pandemic-impacted year.

Given the ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

RELATED ARTICLES
Pro Plus
TVS increases scooter market share to 24% with half-a-million units in April-August

auther Autocar Pro News Desk calendar17 Jan 2023

With 523,458 units, TVS Motor Co records best-ever scooter sales in the first 5 months of a fiscal and also substantiall...

Pro Plus
Maruti Suzuki strengthens its grip on car exports in H1 FY2023

auther Autocar Pro News Desk calendar10 Jan 2023

Having shipped 131,070 units in April-September 2022, Maruti Suzuki India accounts for 41% of total made-in-India vehicl...

Pro Plus
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments

auther Ajit Dalvi calendar10 Jan 2023

India’s commercial vehicle market is back in growth mode. While M&HCVs are up 88%, LCV demand has grown by 59%. An in-de...