New Delhi: India’s electric bike market is growing—this year, the sales of two-wheelers reached 1.2 million units, up 19 percent from the 2024 financial year, reports Chris Kay for the Financial Times .

This phenomenon is underway, as Indian manufacturers themselves—such as Ola and Ather—are weather beaten, reeling from “the abrupt removal of state subsidies, customer scepticism and supply chain pressures”.

“But sales in the South Asian nation are expected to remain far behind China, which is projected to sell about 70 mn units by the same year, supported by widespread adoption of battery swapping, dense charging networks and financial incentives. Only about 6 per cent of India’s scooters and motorbikes are electric,” the report notes. Show Full Article

It is consumers who are ridi

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