bullish

India EV Sector: Electric 2-Wheelers Are the Early Riders - Know the What, Why & Who

601 Views31 Mar 2022 18:52
SUMMARY
  • Electric 2-wheeler capacity in India is set to multiply manifold as growing demand is changing the face of the country's nascent EV sector.
  • Attractive Government incentives and subsidies, supportive policy framework have helped sector growth. However, the lack of key component supply systems locally and charging infrastructure are bottlenecks.
  • New entrants dominate the segment while incumbent 2-wheeler players are yet to create a meaningful presence. In the listed space, Greaves Cotton (GRV IN) offers exposure via Ampere.
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Devi Subhakesan
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