TVS, Bajaj, Vida Close In On Two-Thirds Of India Electric Two-Wheeler Market
· Automobile · Moneycontrol
TVS Motor, Bajaj Auto, and Vida have captured nearly two-thirds of India's electric two-wheeler market in September. Traditional legacy automakers continue to expand their market share against pure-play electric vehicle startups. The shift highlights growing consumer preference for established brands in the electric segment.
Why it matters
This consolidation impacts market competition by tightening the lead of legacy automakers over dedicated electric vehicle startups in India.
Read the original report — Moneycontrol
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