Electric two-wheelers now account for 28% of all new two-wheeler sales in India, with Ather becoming the second OEM to cross the million-unit milestone.
Ather Energy rolled its one millionth scooter off the Hosur line this week, becoming the second Indian electric two-wheeler maker to reach the milestone.
Industry-wide, electric models accounted for 28% of new two-wheeler registrations last quarter — up from 18% a year ago — driven by falling battery prices and expanding fast-charging networks.
Analysts now expect price parity with petrol scooters, without subsidies, by early 2027.
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