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

₹294 Crore Pune Deal Sealed, Lodha Developers Buys 80% Stake In SRPL To Expand Business
₹294 Crore Pune Deal Sealed, Lodha Developers Buys 80% Stake In SRPL To Expand Business
Corruption Blocking Pakistan’s Growth Path, Political Reform Key To Economic Revival: Report
Corruption Blocking Pakistan’s Growth Path, Political Reform Key To Economic Revival: Report
₹19,675 Crore FPI Inflow In February, Foreign Investors Make Strong Comeback
₹19,675 Crore FPI Inflow In February, Foreign Investors Make Strong Comeback
Budget 2026-27 Pushes MSMEs With ₹10,000 Crore Fund, Sector Contributes 35% Manufacturing Output
Budget 2026-27 Pushes MSMEs With ₹10,000 Crore Fund, Sector Contributes 35% Manufacturing Output
Sensex Falls 1,048 Points, Global Cues & FII Flows To Drive Markets Next Week
Sensex Falls 1,048 Points, Global Cues & FII Flows To Drive Markets Next Week