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.
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 ...
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