$600 million of investments raised in last two years by electric two-wheeler companies
$600 million of investments raised in the last two years by electric two-wheeler companies Initially, a lot of product-led electric two-wheeler (E2W) startups faced difficulty in getting investors on-board due to lack of consumer awareness, policy clarity, and market visibility. However, with the entry of significant two-wheeler brands such as TVS, Bajaj, and Hero in this segment, compounded with the Government’s EV push, the investors are much more confident and have shown an active interest in the EV ecosystem. In…