Electric bike makers warn of price hikes as raw materials and supply chains tighten

AI infrastructure demand is squeezing key EV components

Electric two-wheeler companies are moving toward higher prices as costs rise and supplies get disrupted. Firms including Bajaj Auto, Hero MotoCorp and Ather Energy cite expensive raw materials and lingering supply chain constraints. The surprise pressure comes from demand for AI infrastructure, which is affecting availability of certain critical components for EV production, likely hitting consumers soon.