Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022

ICE two-wheeler registrations have grown even faster than electric vehicles month-on-month following a definite slowing down in the last few months

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