India sells 7.3 lakh electric two-wheelers in FY23; Ola Electric leads the market

  • 7.3 lakh electric two-wheelers were sold in India in FY23.
  • On average, 60,000 electric two-wheelers were purchased per month.
  • Redseer projects that electric two-wheeler penetration in India will reach ~75% by 2030.
  • Ola Electric is currently leading the market.
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