While electric two-wheeler sales peaked in May this year, crossing the 100,000 mark, the volume had plummeted to under 46,000 units in June. However, strong general interest towards turning electric, coupled with the still available (albeit reduced) subsidy, has helped July volumes to recover to 54,292 units. This is expected to help sales volume to reach 750,000-800,000 units in calendar year 2023.
