Trending news: India’s ‘desi’ company rules the electric two wheeler market, no one around in terms of sales – Hindustan News Hub

New Delhi. Ola Electric has gained a lot of popularity in India in a very short time. Its popularity can be gauged from the sale of the company’s scooters. Information about the sale of electric two wheelers has been obtained from the VAHAN portal of the Government of India. These figures are till 6 April.

Ola Electric: 21,308 units
Ola topped the market for the 7th consecutive month, registering 21,308 units in March 2023. Which is much higher than last month’s figure. This is also the first time that Ola has crossed the 20,000 units mark in a month. However, the company claims that they have sold over 27,000 units of the S1 e-scooter range.

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TVS: 15,364 units
There is a huge gap between the next best performing TVS – its iQube e-scooter range. However, TVS has improved its numbers for February 2023 (12,573 units) and its flagship iQube ST is all set to go on sale soon.

Ather Energy: 12,081 units
Ather Energy continues to improve its month-on-month sales figures, and has improved from the February 2023 sales number (10,013 units). While the company claims that it sold 11,354 units in March 2023, the VAHAN portal shows registrations of 12,081 units.

Ampere: 9,336 units
Ampere, a subsidiary of Greaves, has reported a substantial growth in the numbers for March 2023 as compared to the 5,000-odd units sold in February this year. Its new Primus e-scooter is its first in-house offering.

Hero Electric: 6,656 units
While Hero Electric has improved its February 2023 numbers (5,861 units), these are nowhere close to the five-digit figures that the market leader averaged a few months ago. With the end of the FAME-II subsidy, there has been a sharp jump in the company’s numbers.

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Okinawa Autotech: 4,508 units
Similar to Hero Electric, Okinawa Autotech also canceled its FAME-II subsidy, which has resulted in a drop in sales. The manufacturer banned 4,508 registrations in March, which is higher than the 3,842 units sold in February 2023.

Chetak: 2,342 units
Bajaj sold a total of 2,342 units of its Chetak electric scooter in March 2023, which is lower than the figure of 1,314 units in February. The company recently slashed prices, increased the range and launched a new variant of the Chetak, which should boost sales of the e-scooter in the coming months. The Chakan-based manufacturer is also in the process of setting up a dedicated showroom for the Chetak.

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Tags: auto news, bike news, Bike News

FIRST PUBLISHED : April 06, 2023, 19:29 IST

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