E2W Registrations Grow 5% MoM In June To 1.81 Lakh Units, TVS Retains Top Spot
India, June 30 -- Electric two-wheeler (E2W) registrations continued to see tepid growth in June, with total sales rising 5% to 1.81 Lakh units from 1.72 Lakh units registered in May, according to Vahan data.
Most OEMs reported a moderate MoM increase in registrations, while a few, including Ola Electric, saw a decline.
On a yearly basis, registrations jumped nearly 71% from 1.06 Lakh units.
The EV industry saw renewed interest amid the West Asia conflict in March, driving monthly registrations to an all-time high of 1.92 Lakh units. As petrol and diesel prices surged amid fears of supply disruptions, consumers increasingly turned to E2Ws as a reliable mode of transport.
With the fighting ending, at least temporarily, and normal opera...
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