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Sold more than what govt data shows: Ola Electric
Mint Mumbai
|March 01, 2025
Ola Electric Technologies Ltd's monthly registrations fell to a near three-year low in February while its legacy rivals raced to grab a larger share of India's shrinking electric two-wheeler market, official data showed.
Ola Electric, however, insisted it remained the market leader ahead of Bajaj Auto Ltd and TVS Motor Co. Ltd.
Per the Union road transport and highways ministry's centralised vehicle registry database, Vahan, electric two-wheeler sales in India fell by about 27% from January to 71,847 units in February, the lowest since April 2024's 65,554 registrations.
Some industry analysts dismissed the lower electric two-wheeler sales in February as a one-off, optimistic that adoption was likely to be faster in the coming months.
In February, Bajaj Auto sold a little over 20,000 electric two-wheelers—including the electric scooter version of the iconic Chetak—accounting for 27.8% of India's electric two-wheeler market in February.
Diese Geschichte stammt aus der March 01, 2025-Ausgabe von Mint Mumbai.
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