The Indian two-wheeler market faces challenges as it recovers from pre-COVID levels. Proposed ABS mandates for sub-125cc vehicles could increase costs, impacting Hero MotoCorp and TVS, while benefiting Endurance Technologies. Rare earth magnet shortages pose further risks, potentially leading to production cuts, especially in the EV sector. Passenger vehicle segment is preferred over two-wheelers due to valuation concerns.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets