E2W Registrations Jump 59% In March To 1.78 Lakh Units

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SUMMARY

Market leader TVS, which has held the top spot since last year, recorded a 47% month-on-month (MoM) jump in sales in the month of March to 46,859 units

Hero MotoCorp witnessed an almost 59% jump in sales of its electric scooters to 19,764 units from 12,597 units sold in the previous month

With discounts, subsidies and battery subscription models, OEMs are trying to decrease the entry cost for E2W adoption, a continued barrier toward widespread adoption

Amid growing…



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E2W Registrations Jump 59% In March To 1.78 Lakh Units


SUMMARY

Market leader TVS, which has held the top spot since last year, recorded a 47% month-on-month (MoM) jump in sales in the month of March to 46,859 units

Hero MotoCorp witnessed an almost 59% jump in sales of its electric scooters to 19,764 units from 12,597 units sold in the previous month

With discounts, subsidies and battery subscription models, OEMs are trying to decrease the entry cost for E2W adoption, a continued barrier toward widespread adoption

Amid growing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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