Electric Two-Wheeler Sales Increasing in India

a media Report Quoting the report of investment banking firm Jefferies, it has been said that about four years ago, the share of electric two-wheelers in the total sales of two-wheelers was only 0.4 percent. At the beginning of last year it had increased to 5.4 percent. Increase in subsidies and new launches were the main reasons behind this. However, this report says that due to cut in incentives, this share has been in the range of four-seven percent in the last 24 months. Electric two-wheeler companies have also reduced the prices of their products. Ola Electric has the first position in this segment.
In the first quarter of the current financial year, the company’s stake had increased to about 49 percent. However, Jefferies report states that Ola Electric’s stake has decreased last month and it fell to 31 percent. Last month, the company launched its first electric motorcycle Roadster on the occasion of Independence Day. Roadster, Roadster Pro and Roadster
The Roadster It can reach a speed of 0-40 km/h in about 2.8 seconds. Its top speed is about 124 km/h. Ola Electric has claimed its range to be around 200 kilometers on a single charge. It has a 4.3 inch touchscreen. Booking for this has started. Its delivery will be done early next year. The price of the 2.5 kWh battery pack variant of Roadster of this motorcycle series is Rs 1,04,999, the 4.5 kWh variant is priced at Rs 1,19,999 and the 6 kWh variant is priced at Rs 1,39,999. It can accelerate from 0-40 km/h in 2.2 seconds. Its range on a single charge is claimed to be around 579 kilometers. Recently the Union Cabinet had approved a scheme to promote EV in the country. This scheme will cost approximately Rs 10,900 crore in two years.
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Electric Vehicles, Demand, Range, Incentives, Market, Speed, Battery, Sales, Government, Manufacturing, Ola Electric, Subsidy, Prices



