Electric 2W sales drop by 5.4% in India; raised triples in Germany

When the world is suffering from the huge economic losses due to global Covid19 pandemic, the sales of the electric two-wheelers have also affected. It declined by 5.4% year-on-year to 25,735 units in 2020 in India. According to the Society of Manufacturers of Electric Vehicles (SMEV), the supply of vehicles was also impacted due to disruptions in importing components from China.

Electric 2W sales

“While the electric two-wheelers industry has been able to weather the covid pandemic with the sale of high-speed electric two-wheelers, clocking 25,735 in 2020, as against 27,224 units sold in the previous calendar year, the ambitious target of generating sales of 1 million vehicles under FAME 2 is nowhere in sight,” the industry body said in a statement.

The government’s Faster Adoption and Manufacturing of Electric and Hybrid Vehicle (FAME) scheme seem to not too successful as many electric two-wheelers in the market don’t qualify for the subsidies that come under the scheme. According to SMEV, cumulative sales of electric two-wheelers since January 2019 was at 52,959 units, but only 31,813 units qualified for incentives under FAME.

Sohinder Gill, director-general, SMEV said that the scheme didn’t attract the customers to make a shift from petrol to electric two-wheelers mainly as the preconditions and qualification criteria under the scheme make the bikes unaffordable to the people.

“Despite the setback, the electric two-wheelers industry is seeing a positive sentiment and a high level of interest from customers. If FAME 2 is rejigged to remove the needless handicaps, the adoption can grow exponentially within a short time. Hence, we urge the government to come up with corrective measures that would help the industry achieve the envisaged sales target of 1 million electric two-wheelers,” Gill said.

Raised triples in Germany

However, if we look at the sales of electric vehicles in Germany, it has increased to three-fold to more than 194,000 units in 2020, the country’s road-traffic regulator said. “E-mobility has become a mainstream feature of the mobile society,” the president of German regulator KBA, Richard Damm, said in a statement.

Sale of electric cars in Norway

The sale of electric cars in Norway has jumped to 54.3% of all new cars sold in the Nordic country in 2020, a global record, up from 42.4% in 2019 and from a mere 1% of the overall market a decade ago, the Norwegian Road Federation (OFV) said.

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