The reality behind all the noise about people switching to electric two-wheelers is that they amounted to just over 3 per cent of the 6.69 million ICE and electric two-wheelers registered in the first six months of this year.
The numbers from VAHAN are based on the electric scooter registration of eight companies (excluding the incumbent players, Bajaj and TVS) which make for the bulk of electric sales.
Between January-June, the eight players registered collectively a total of 212,000 electric scooters. True, in March their share did go up to 3.7 per cent of overall two-wheelers but it fell to 2.8 per