Electric two-wheelers surge in March: Has the tipping point indeed arrived?

The new EMPS, valid for four months, halved the subsidies per KWH (kilowatt hour, a measure of battery capacity) to Rs 5,000 per vehicle

Did we just have the elusive tipping point for electric two-wheelers (e2Ws) in March? It was a milestone month in more ways than one. Sure, e2W sales had their highest registrations in March — more than 138,000 — compared to the previous monthly high of 103,000 in May 2023.

March registrations are nearly double of February, and only the second time monthly registrations have crossed 100,000. It was also the month when e2Ws accounted for 9 per cent of all two-wheelers. In scooters alone (e-motorcycles are few), electric penetration is said to have reached 28 per cent in March.
 

Impressive as