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September 25,2024

India's Electric Two-Wheeler Market Poised for Export Growth

India's Electric Two-Wheeler (E2W) market is expanding rapidly, constituting 55% of total EV sales, yet it exports less than 2% of its E2Ws. Despite a strong domestic market and potential for global exports, challenges like reliance on imported batteries and phasing out subsidies persist. Manufacturers must develop a local supply chain to enhance competitiveness and export volume.

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