Our paper is among the first to measure the potential effect of increase in the price of petroleum vs increase in the
sales of electric scooter. With the prices of petrol inching closer to Rs 100 per liter, the demand for battery operated scooters is on
the rise as people want to save on fuel cost. As a result, the sale of e-scooters has increased considerably in the city. buyers of
two-wheelers are also evincing interest in purchasing e-scooters and making enquiries about vehicles in the local showrooms
Okinawa, a large scooter manufacturer in India, recently reported a 30% sales jump in the last quarter alone. The company
attributes this largely to the rise in gasoline prices.
