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New Delhi. Last month, the sales of electric scooters were quite spectacular. After the implementation of the new e-vehicle policy, the subsidy on electric vehicles has been reduced, despite which the enthusiasm of the people in the electric scooter market remains intact. In May 2024, Ola Electric, TVS, Bajaj, Ather and Hero MotoCorp were the top selling brands in the country. Ola Electric has sold 37,191 units of electric scooters last month. Let us tell you that in March 2024, the company registered the highest sales of 53,000 units.
After Ola Electric, TVS is at second place which is selling its iQube electric scooter in the market. TVS has sold 11,737 units of electric scooters last month. The company has a share of 18.42% in the electric two-wheeler market while Ola Electric has a share of 49%. Talking about Bajaj, the company is standing in the market with one of its electric scooter models Chetak.
Bajaj Chetak sold 9,189 units last month and with this the company claims a market share of 14.42%. Bajaj Auto is selling two variants of Chetak – Urban and Premium, which are seeing huge demand in the market. The company has expanded the dealership of Chetak electric scooter to 164 cities in India.
The fourth company to sell the most electric scooters in May was Ather Energy, which recorded sales of 6,024 units. With this, Ather’s market share has reached 9.45%. At the same time, Hero MotoCorp remained at the fifth position with sales of 2,453 units of its Vida electric scooter.
Overall, 75,500 units of electric two-wheelers were sold in India in May 2024. This includes electric scooters as well as electric motorcycles.
Tag: auto news, Auto Sales, electric scooter
first published : June 7, 2024, 2:10 pm IST
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