Ola Electric, the dark horse in the two-wheeler stable?
SummaryThe scooter segment within two-wheelers could face the first pressure because of the new electric vehicle (EV) launch. Scooters formed about 30% of Indian two-wheeler demand in FY21, and TVS Motors Co. is one of the larger players in this segment
Conventional two-wheelers have weathered a challenge or two quite well in the past. The recovery after the first wave of covid-19 was sharp and better than the market’s expectations. However, with new players making a splash in the electric two-wheeler market, conventional players face a daunting task.