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Electrification is driven by a mix of regulatory push (policies designed to generate demand) and consumer pull (innate features or sales models that attract consumers). Here are the elements that are shaping the … See more The sales figures for small-format EVs may initially seem modest. The market for two-wheel EVs (E2Ws) and three-wheel EVs (E3Ws) was valued at around $97 billion, or 4 percent … See more The E2W and E3W landscape contains multiple players, all competing intensely for market share. New entrants dominate in many regions and may prevent OEMs from achieving the … See more WebFeb 16, 2024 · Ola Electric led the Indian E2W market in CY2024 with around 18 per cent share, followed by Okinawa Autotech with 17 per cent and Hero Electric with 16 per cent share, said the report. Hero Electric grew around 109 per cent during CY 2024. Optima CX was the most in-demand model from Hero Electric. 10 Feb, 2024, 12:04 PM IST. incheon strategy pdf
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