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Electric two-wheeler sales hit 11-month low of 45,734 units in June

Electric two-wheeler sales hit 11-month low of 45,734 units in June

Ajit Dalvi     calendar01 Jul 2023

Following the scaling down of the FAME II subsidy from 40% to 15%, June retail sales are down 56% on May 2023’s record numbers but also point to a gradual maturing of the market as consumers buy 45,734 EVs at higher prices.  

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.86%

No

 

36.14%

Total Votes : 689