Rising Fuel Prices Have Imparted A Potent Boost To The Indian Electric Scooter Market
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DECEMBER 1, 2021
Despite recent reductions in excise duty and VAT rates, the price of petrol in India remains high enough to put a hole in customers’ wallets. Even the most fuel-efficient two-wheeler guzzle petrol that can be equal to the monthly installments consumers have to pay if they buy a new electric scooter. Market Potential.
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