India, July 13 -- The two-wheeler category presents a bigger challenge for the recently announced Delhi EV policy, which will ban the registration of conventional-engine bikes and scooters from April 2028, with electric penetration in the segment at just 7.3 per cent in Delhi in FY26, according to Crisil Ratings.

While the 'April 2028 EV-only registration' requirement provides a clear roadmap for the two-wheeler industry to accelerate investments in electric products, capacity and distribution, internal combustion engine (ICE) models are expected to remain relevant in the near term, Crisil Ratings Director Poonam Upadhyay told PTI.

The future growth in Delhi's two-wheeler market will increasingly be linked to EV readiness, she said, res...