India, Oct. 22 -- Sales of high speed electric e-scooters have crashed by 94% in the first half of the financial year 2020 due to the updated certification policy under phase 2 of Faster Adoption and Manufacturing of Electric Vehicles (FAME 2).

The Society of Manufacturers of Electric Vehicles (SMEVs) highlighted that only 3,000 electric high speed two-wheelers were sold in the six months, compared to 48,671 units sold in the same time period last year. In August 2019, the two-wheeler EV industry recorded sales of only 1700 units.

One of the reasons for this can be attributed to low availability of vehicles in the market due to the FAME II recertification rules implemented in April 2019. According to a report in Inc42, the recertificati...