TVS Motor, Bajaj Auto, Ather Energy and Hero MotoCorp are rapidly expanding electric scooter capacity as consumers brace for potentially higher petrol prices linked to the Iran war. Executives say combined monthly production could top 150,000 units by year-end, nearly double current levels. The push marks a move from early adoption to mass-market scale, even as commodity inflation, supply chain disruptions and demand uncertainty persist. March saw EV share peak at 9.8%, but April volumes eased to 7.8%.
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