Easing rare-earth supply to lift electric two-wheeler growth to 16–18% next fiscal: Crisil

Crisil Rating forecasts a 16-18% increase in India’s electric two-wheeler market next fiscal, thanks to improved rare-earth supply. This fiscal, growth is expected to slow to 12-13% due to supply issues and GST changes. Traditional companies hold the majority market share, while newer players struggle with economics and reliability.