Tremendous sales of two-wheelers in the last month of 2023, more than 12 lakh vehicles sold in December.
The Indian two-wheeler market registered a progress of 15.9% in December 2023. Whole gross sales had been 12,11,966 items, which is greater than the gross sales of 10,45,052 items within the month of December final yr.
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17.4% improve in bike gross sales
Gross sales of bikes elevated by 17.4%, from 7,68,402 items to 9,00,883 items. Gross sales of scooters elevated by 13.5%, from 4,05,274 items to 4,61,083 items.
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Hero MotoCorp leads two-wheeler gross sales in December 2023
Hero MotoCorp led the two-wheeler gross sales in December 2023, with gross sales of three,77,842 items. It was positioned second by Honda with 2,86,078 items, and third by TVS with 2,14,988 items.
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Gross sales of electrical scooters additionally elevated
There was additionally a rise in gross sales of electrical scooters, which elevated from 12,621 items to twenty,144 items. On this section, Ola Electric led with 30,219 items, adopted by TVS i-Dice at second place with 12,216 items, and Bajaj Chetak at third place with 10,323 items.
The demand for electrical section is constantly growing within the two-wheeler market.
The demand for electrical section within the two-wheeler market is constantly growing. Regardless of the dearth of help given by the federal government to EV firms, this section stays robust. The Indian two-wheeler market is a market with demand all year long. That is the explanation why the home market is counted among the many largest two-wheeler markets. There are lots of causes behind such excessive demand for two-wheelers, the principle ones being working price and time saving.
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