Mumbai: Electric two-wheeler registrations in India are set for a record high in March, topping 100,000 units for the second time in less than a year, as the rush to buy before a possible price increases.
Vehicle registration count is a proxy for retail sales. It touched 111,964 units for electric two-wheelers on March 29 – the highest for any month – according to data from Vahan, the government’s repository of all vehicle registrations in India.