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HomeEngineeringEV two-wheeler sales soared 34x in 4 years, but market share stuck at 4%: Study

EV two-wheeler sales soared 34x in 4 years, but market share stuck at 4%: Study

The report, From Incentives to Adoption, presents a 10-year review (2014–2023) of government subsidies and policy interventions under FAME-I, FAME-II, Production Linked Incentives (PLI), and state schemes, and assesses their effectiveness across five EV segments.
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