The electric two-wheeler market in India registered record sales of 91,243 units in November 2022, the highest monthly figure since the FAME subsidy was reduced in June.
Cumulative sales from January-November 2022 stand at 7.83 lakh units, up 38% year-on-year. With December sales still pending, the industry is set to surpass 8.5 lakh units sold this calendar year, breaking last year’s record of 6.31 lakh units.
