Equity Analyst - Fundamental & Thematic, Sree Capital

Sreemant Dudhoria,CFA

Sreemant Dudhoria is a CFA Charterholder with 15 years of experience in equity research and information technology. He is also a SEBI-registered Research Analyst (Registration Number: INH000016861). His focus is on analyzing companies with bottom-up specific triggers. Previously, he has worked with Unifi Capital and Infosys Technologies Limited.

Equity Analyst - Fundamental & Thematic

Bajaj, TVS Overtake Ola as EV 2W Market Consolidates

Fundamental Research on Listed Indian Companies

Sree Capital

Sree Capital is a platform to share fundamental research on listed Indian companies. We do this research for our own investment

Thematic (Sector/Industry)

India Automobiles / Thematic (Sector/Industry)

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<li>
EV 2W Sales Slide 30% in April: Post-March correction driven by subsidy cuts and seasonal softening; YoY momentum still +39%.</li>
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Subsidy Cuts Reset the Playing Field: PM e-Drive scheme slashes EV support, testing price elasticity and OEM pricing strategy.</li>
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OEMs at a Crossroads: With volume volatility rising, the next few months will reveal who can defend share—and who can’t.</li>
</ul>



EV 2W Sales Slide 30% in April: Post-March correction driven by subsidy cuts and seasonal softening; YoY momentum still +39%.

Subsidy Cuts Reset the Playing Field: PM e-Drive scheme slashes EV support, testing price elasticity and OEM pricing strategy.

OEMs at a Crossroads: With volume volatility rising, the next few months will reveal who can defend share—and who can’t.


India Two-Wheeler OEMs – April EV Sales Dip Post-Policy Shift; Near-Term Trends Under Watch