Two-Wheelers Make Up Half of India’s EV & Hybrid Vehicles Market as Sales Reshape Market Leadership
TL;DR Electric two-wheelers now drive India’s EV transition, accounting for nearly half of all electric and hybrid vehicle registrations. Ola and Ather dominate the market, while earlier leaders like Okinawa and Ampere declined sharply after FAME-II subsidy cuts and safety issues. ContextIndia’s electric vehicle market is undergoing a rapid transformation, driven by rising fuel costs,…