Electric two-wheeler sales rise 132% in 2021: SMEV

Electric two-wheeler sales rise 132% in 2021: SMEV

SMEV added that the total sales of E2W during the period gone up to to 233,971 E2W as against 100,736 units sold in 2020.

AgenciesUpdated: Friday, January 07, 2022, 10:38 AM IST
article-image
SMEV added that the total sales of E2W during the period rose to 233,971 E2W./ Representative image |

The total sales of electric two-wheelers, in the 12-month period (January-December) in 2021 increased by 132 per cent over the corresponding year 2020, according to Society of Manufacturers of Electric Vehicles (SMEV).

SMEV added that the total sales of E2W during the period rose to 233,971 E2W as against 100,736 units sold in 2020.

The low speed E2Ws has had negative growth in the last two quarters of 2021, stated industry body.

SMEV said that high-speed E2Ws, registered a whopping 425 per cent growth.

(With inputs from IANS)

RECENT STORIES

Adani Defence Investment Plan, Big Push To India’s Security As Group Plans ₹1.8 Lakh Crore...

Adani Defence Investment Plan, Big Push To India’s Security As Group Plans ₹1.8 Lakh Crore...

Year-Ender 2025: Indian Equities Bounce Back After Correction, Earnings & Rate Cuts To Shape 2026

Year-Ender 2025: Indian Equities Bounce Back After Correction, Earnings & Rate Cuts To Shape 2026

Bajaj Finance Drags Markets Lower This Week, Here's What Pulled Down Top Stocks?

Bajaj Finance Drags Markets Lower This Week, Here's What Pulled Down Top Stocks?

Foreign Investors Pull Out At Record Pace, Here’s What Triggered ₹1.6 Lakh Crore Exit From...

Foreign Investors Pull Out At Record Pace, Here’s What Triggered ₹1.6 Lakh Crore Exit From...

Macro Data, FPI Trading To Steer Markets This Week, Analysts See Range-Bound Moves

Macro Data, FPI Trading To Steer Markets This Week, Analysts See Range-Bound Moves