Smaller electric two-wheeler (E2W) manufacturers are unlikely to hike the model's prices in early 2024. They can do this to ensure stability in sales. These small E2W companies include companies like Lohia Auto, Godavari Electric, Emobi. They are focusing on freeing themselves from the subsidy given under FEM-II. These companies are focusing on keeping the prices of e-two-wheelers low by increasing domestic production. 90 thousand e-two wheeler prices in the country

Abhijit Lele. New Delhi

Lack of funds in banks will have an effect on the growth of this sector. of rating agencies

The prices of cars with upgraded features will increase.

Yogesh Lath, Founder, Shema Electric, said, 'Unless the cost of raw material or components increases significantly, there is no thought of raising prices. The prices of the new variants will increase with upgraded features.' Joy E-Bike said, 'There will be no change in the prices of the range.

Ranging from Rs. to Rs. one lakh. E2W sector sales are expected to exceed 1 million in 2024.