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Fuel costs drag ICE 2-wheeler sales down 8.6% in May

Rising fuel costs led to an 8.6% decline in ICE two-wheeler sales, while EV registrations surged 62.5% in May.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
thehindubusinessline.comStai leggendo8 h fa

Fuel costs drag ICE 2-wheeler sales down 8.6% in May

India's two-wheeler market posted +7.4% YoY growth in May 2026 (18.43 lakh units), but ICE vehicles fell 8.6% month-on-month while EV registrations surged 62.5% YoY to 1.70 lakh units, lifting EV penetration from 6.1% to 9.2%. For OEMs and fleet/mobility managers, Crisil's verdict is clear: 1.5–1.7 lakh monthly EV units is the new baseline, and incumbents heavy on ICE (Hero, Bajaj) face accelerating portfolio mix pressure as TVS and emerging EV players capture urban commuter demand.

originale
economictimes.indiatimes.com18 h fa

Electric two-wheeler sales cross 150,000 in May amid fuel price rise - The Economic Times

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts, cashback offers and financing schemes to close FY26 on a strong note.

Leggi questa versione → originale

Timeline cronologica

  1. domenica 31 maggio 2026·thehindubusinessline.com

    EV two-wheeler registrations surge 58% y-o-y in May; fuel supply anxiety a cause for surge, say analysts

    India’s electric two-wheeler (E2W) market maintained its strong growth trajectory in May 2026, with total registrations rising 58 per cent year-on-year to 1.64 lakh units from…

  2. domenica 31 maggio 2026·economictimes.indiatimes.com

    India's electric scooter market regains charge after April slowdown

    India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major players like TVS Motor and Bajaj Auto…

  3. lunedì 1 giugno 2026·economictimes.indiatimes.com

    Electric two-wheeler sales cross 150,000 in May amid fuel price rise - The Economic Times

    The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts, cashback offers and financing schemes…

  4. lunedì 1 giugno 2026·thehindubusinessline.com

    Fuel costs drag ICE 2-wheeler sales down 8.6% in May

    Rising fuel costs led to an 8.6% decline in ICE two-wheeler sales, while EV registrations surged 62.5% in May.

  5. lunedì 1 giugno 2026·economictimes.indiatimes.com

    Tata Motors, Mahindra lead the pack as EV sales surge 79%

    India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JSW MG Motor and Hyundai Motor experienced…