Despite leading India's EV transition with 14 lakh units sold in FY26, electric two-wheelers remain unprofitable for OEMs due to high costs and limited economies of scale.

India's two-wheeler sector anticipates a modest 3-5% wholesale volume growth in FY27, according to ICRA. While domestic demand and exports remain strong, challenges like a high…

Despite leading India's EV transition with 14 lakh units sold in FY26, electric two-wheelers remain unprofitable for OEMs due to high costs and limited economies of scale.