Electric models to account for 13-15% of total two-wheeler volumes by FY25: ICRA

Electric models are expected to account for 13-15% of the total two-wheeler volumes in India by FY25, but the country’s charging infrastructure will need to be bolstered to achieve a healthy electric vehicle (EV) penetration, rating agency Icra said on Wednesday. The share of electric models in total three-wheeler and bus volumes is expected to …