E-scooter sales slow down as global chip shortage woes continue

The largest drop has been in Hero Electric, one of the largest players in the market

The electric scooter juggernaut which has been picking up momentum with heady growth month-on-month is now slowing down.

The combined number of registrations in April of eight  electric two wheeler companies has seen a dip of over 1 per cent to 43,061 vehicles, according to data from the Ministry of Road Transport & Highways’ site VAHAN.

The reasons are the continuing shortage of chips, especially after the Ukraine-Russia war, and the spate of fires which have led to scooters being recalled by manufacturers.

The minor dip has to be seen, though, against the background of recent growth: registration of scooters sold  by them