![Two-wheeler segment reels under stress in H1 FY24: FADA](https://images.assettype.com/fortuneindia%2F2023-01%2F053b5b2e-fd6d-4698-b7dc-b48abedfdeda%2FGettyImages_1233113729_2.jpg?w=300&q=95)
Two-wheeler segment reels under stress in H1 FY24: FADA
PV, three-wheeler sales continue growth momentum
PV, three-wheeler sales continue growth momentum
Mahesh Babu, CEO, Switch Mobility in an interaction tells Fortune India that buses and LCVs between 2 and 3.5 tonnes will be the two important segments that will undergo electrification.
The price increase is to offset the residual impact of the past input costs, the company says.