India surpasses China as the world's largest two-wheeler market in 2024.

India has become the largest two-wheeler market in the world, overtaking China, driven by strong rural demand and supportive government initiatives. In the first half of 2024, India's two-wheeler sales grew 22% year-on-year, while global sales increased by 4%. Major markets in Southeast Asia saw declines. Honda leads the market, with expectations that by 2030, 40% of two-wheelers sold will be electric.

October 18, 2024
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