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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.

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thehindubusinessline.com

economictimes.indiatimes.com

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AI · summaries

thehindubusinessline.comStai leggendo1 mesi 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.com1 mesi 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.

Timeline cronologica

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…
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…

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

Confronto fonti

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

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

Timeline cronologica

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

India's electric scooter market regains charge after April slowdown

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

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

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

Bajaj tops May electric three wheeler market; EV sales up 96% YOY