E-two-wheeler sales ride past 500,000-mark in 2022, penetrate 4% of mkt

See big action next year amid a few rough patches on the road

Electric two-wheelers have zipped past the half million registration mark and have achieved a market penetatration of four per cent till the fag end of calendar year 2022, according to data released by VAHAN.

According to VAHAN data for the year till December 27, some 560,000 two-wheelers were registered in the country, up a staggering four fold over 2021, when only 136,000 were registered, and when e-vehicle penetration was a mere 1.05 per cent. The total number of two-wheelers (ICE and electric) registered so far in 2022 stands at 14.5 million vehicles, up by only 12.7 per cent over the