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Coronavirus: Electric two-wheeler sales set to skid, new launch postponed

Any long-term slowdown in two-wheeler sales will not bode well for the national plan to electrify India's vehicles, says industry veteran

Photo: Shutterstock
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Photo: Shutterstock

Pavan Lall Mumbai
For Okinawa Autotech, a fledgling maker of electric two-wheelers, that started making products a couple of years ago, sales were humming along steadily with numbers of 45,000 units a year and projections of reaching 100,000 in sales by this year.

Suddenly, the squeeze of components and parts from China started after the coronavirus outbreak along with stricter norms enforced under FAME 2 by the Centre.

Now, Jeetendra Sharma, the company’s managing director (MD), claims that other than battery, everything is locally made and admits that those projections stand corrected.

“We expect to see sales of anywhere between 50,000 and 60,000 by March-end,” Sharma