According to Ola Electric’s RHP, the Indian electric vehicle market is experiencing remarkable growth. Electric two-wheelers’ (E2Ws) now have a market share of more than 5 per cent. Electric 2Ws have penetrated much faster than smartphones or laptops. They are sold at a premium compared to Internal Combustion Engine (ICE) vehicles. Kochi and Bengaluru have the highest penetration amongst cities.
Compiled by Sai Prabhakar Y
