India’s electric two-wheeler (e2W) market rebounded in May after a correction in April, with registrations rising by about 2,000 units to about 150,796, according to Vahan data, a proxy for vehicle sales in the country.
The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts, cashback offers and financing schemes to close FY26 on a strong note.