Electric two-wheelers may account for 10 per cent of overall sales in 2-3 years: Ather Energy

The upfront cost of an electric two-wheeler and that of a petrol counterpart is almost similar at present, which, along with the added advantage of lower running cost, makes it more attractive for customers.

Electric two-wheelers could account for nearly 10 per cent of the overall two-wheeler sales in India in the next two to three years on the back of enhanced FAME II incentives and support from various states under their respective EV policies, Ather Energy Chief Executive Officer and Co-founder Tarun Mehta said on Tuesday. The upfront cost of an electric two-wheeler and that of a petrol counterpart is almost similar at present, which, along with the added advantage of lower running cost, makes it more attractive for customers.