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India's electric two-wheeler registrations rose 2.9% to 2,14,654 units in October from 2,08,688 units in September. TVS and Hero MotoCorp gained market share while Bajaj Auto, Ather Energy, and Ola Electric saw registrations decline. October figures represent a 48.1% year-over-year increase from 1,44,980 units a year earlier. Manufacturers plan capacity expansion to meet demand.
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