Electric two-wheeler market in India to grow 25% in FY26
India’s electric two-wheeler market is set to grow 25% in FY26, crossing one million units sold in FY25, says Crisil Ratings. Legacy players are expanding their market share, while new entrants face profitability challenges. Lower battery prices, affordable models, and government incentives are fueling demand. Competition will remain a key force shaping the industry's future.