Electric two-wheeler waiting periods cross one month as demand outpaces supply
FADA reports e-two-wheeler waits stretching up to two months, with Hero, TVS and Bajaj affected by battery and chip import dependence. Alternative powertrains now exceed 40% of PV registrations (EV 7.75%, hybrid 8.27%, CNG 24.33%), signaling a structural shift in mobility retail.
What happened
FADA reports India's electric two-wheeler waiting periods crossing a month as demand outpaces supply, with Hero, TVS and Bajaj affected. Mobility retail sees
Key facts
- waiting periods beyond one month
- up to two months
- 40.35% alt powertrains
- petrol 43.63%
- diesel 16.02%
- CNG 24.33%
- EV 7.75%
- hybrid 8.27%
Why this matters
The supply-demand gap and reliance on imported components create a clear thesis for backward integration or partnerships in battery and semiconductor supply to secure competitive positioning in the EV two-wheeler segment.
What to watch
- Monthly FADA registration splits by powertrain and waiting-period disclosures
- Battery cell and semiconductor import lead-times and pricing
- PLI disbursement and any FAME/state subsidy revisions
- OEM localization capex announcements and domestic cell plant timelines
- ICE two-wheeler retail share as impatient buyers defect
- OEMs raise booking deposits and tier delivery slots to monetize backlog and filter serious buyers
- Dealers push CNG and hybrid PV inventory to capture the 40%+ alt-powertrain shift with immediate availability
- Component suppliers and OEMs announce domestic cell/chip capacity or JV commitments to de-risk imports
- Financiers roll out EV-specific loan and battery-lease products to smooth ticket-size friction