In the wake of government subsidy reductions, electric two-wheeler (e2W) sales in India plunged by over 56% in June. However, e2W adoption had reached nearly 5% of the two-wheeler market by FY23. The subsidy cut had a negative impact, but in September 2023, some manufacturers revitalized the market by repackaging e2Ws with smaller battery packs and lower prices. This also extended the payback period for premium e2Ws from three to five years, dissuading potential buyers. Despite the challenges, e2Ws showed signs of recovery, highlighting their potential as a sustainable transportation option in India.