In India, around 8% of households own cars
47% of Indian households own a two-wheeler
55% of households own bicycles
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Two-wheeler riders are at high risk of severe injuries in accidents due to the lack of protective safety features comparable to those in cars, such as airbags. This results in a higher likelihood of critical injuries or f
Legacy automaker TVS Motor and Bhavish Aggarwal-led Ola Electric have emerged as the top two players in India’s fast-growing electric two-wheeler (E2W) market for April, overtaking Bajaj Auto in total registrations.
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OLA owns more than 50% of market share in Ev two wheeler market.
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Source:Zerodha