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Electric Vehicles: The report detailed that electric two-wheelers (E2Ws) constituted over 55% of the annual EV sales, totaling 41,35,077 units by the end of FY2024. The passenger electric three-wheeler (E3W P) followed with approximately a 32% market share.
The Pune-headquartered company, which posted an impressive 35 percent jump in net profit in the March quarter, is betting its CNG-driven bike, the world s first, will attract fuel-conscious customers
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