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Forget Teslas, India's EV Revolution Is Happening On Two Wheels

06 Nov 2023 | Abstracted from Economist

"...outside rich countries, especially in India, the two-wheeler is the chariot of the middle classes. More than 70% of all vehicles on Indian roads are two-wheelers, chiefly scooters and motorcycles. Three-wheeled autorickshaws...make up another 10%. These two categories accounted for 92% of EVs registered in India last year.

"...EVs represented 4% of the 16m two-wheelers sold in 2022, up from 1% the previous year..."

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