ICE two-wheeler registrations have grown even faster than electric vehicles month on month following a definite slowing down in the last few months. (Representative image)
Electric two-wheeler registrations have hit an all-time high for 2022, touching close to 68,324 vehicles in the festival month of October (till October 30) this year, an increase of 29 per cent over the last month.
With this latest figure, electric two-wheelers now account for around 4 per cent of total twowheeler registrations (internal combustion engine — ICE — and electric) between January-October.
This is the inflexion point the industry has been waiting for to press the pedal on an aggressive conversion to electric.
While the switch from ICE to electric is showing traction, analysts say they would prefer to wait
First Published: Oct 30 2022 | 4:50 PM IST