Friday, January 15News That Matters

Tag: two-wheeler

Electric two-wheeler gross sales stay tepid no matter authorities subsidy: Icra

Electric two-wheeler gross sales stay tepid no matter authorities subsidy: Icra

Business
Synopsis"The are awaiting and volumes of e-2Ws maintain witnessed a extraordinarily lackadaisical instruct in present years no matter the authorities's thrust on adoption of electrical vehicles (EV). Despite an out of the ordinary are awaiting shock caused by the pandemic, the outlook for the e-2W stays largely unchanged in FY2021 as a result of a low rotten," the ratings agency added. PTIUnique Delhi: Sales of electrical two-wheelers (e-2W) in India stays tepid no matter authorities's subsidy and come-term outlook largely stays unchanged, basically based on ratings agency Icra. Below the three 300 and sixty five days tenure of FAME-II plan -- FY20-FY22-- e-2W gross sales had been most exciting 2 per cent of the centered 10 lakh unit gross sales as on September 30, 2020 halfway impress, I...