"original-equipment-manufacturers-oems"

Two- wheeler dispatches from the companies to dealers stood at 10,55,777 units last month as against 10,14,827 units in June 2020.

Two-wheeler segment is expected to be the most impacted, with the target consumer group's affordability and demand sentiment sharply hit by the second wave.

Hyundai had sold 5,50,002 units in 2018, 5,10,260 units in 2019 and 4,23,642 units last year in the domestic market.

"We believe that e-Two-Wheelers (2Ws) are ready for disruption, particularly urban focused scooters are at risk of faster electrification," MOFSL report said.