Two-wheelers present bigger challenge for Delhi EV policy: Crisil Ratings

Short summary

Crisil Ratings reports that Delhi's April 2028 EV-only registration mandate for two-wheelers gives the industry a clear roadmap to accelerate electric investments. However, internal combustion engine models are expected to remain relevant in the near term. The transition poses a bigger challenge for the two-wheeler segment compared to other vehicle categories.

• •Delhi mandates EV-only two-wheeler registrations by April 2028
• •ICE models expected to remain relevant near-term
• •Two-wheelers face bigger EV transition challenges per Crisil

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