The recently-concluded month of July witnessed a turnaround of events among the electric two-wheeler manufacturers. Bringing back things on track, Hero Electric has regained its top position among the electric two-wheeler manufacturers. The Indian two-wheeler manufacturer, which was suffering from production constraints in recent months, has brought back things to normalcy.
With 8,953 units sold in July, Hero Electric became the highest-selling electric two-wheeler manufacturer in India. The company also recorded a massive year-on-year growth of 112 per cent. The second position has been secured by Okinawa, which was steadily going strong in recent months. Okinawa sold 8,093 scooters in July, thus posting a growth of 213 per cent. Greaves-owned Ampere has secured the third position with 6,313 scooters sold in July, thus posting a humongous growth of 860 per cent.
With 4,258 units, TVS secured the fourth position, as its sole offering in the space, the TVS iQube, has finally started gaining traction due to a significant update and increased availability in the country. Ola Electric sold 3,859 units of its sole offering, the S1 range, and secured the fifth position. Ola is bringing a surprise to the Indian market on 15th August in the form of another electric scooter, which might help the newly-arrived player climb on the sales charts.
The sixth position has been taken by Bajaj Auto, which is having a rather slow run with the overpriced Chetak e-scooter. Bajaj sold 2,433 units of its e-scooters in July and is expected to gain traction after the arrival of the new electric scooter which is already in the works. Revolt scored the seventh position in the Indian market with 2,433 units sold in July, with its RV400 electric motorcycle gaining a lot of popularity among the younger buyers.
The eighth position has been scored by Ather Energy, as it sold only 1,286 units of its ‘450’ range of scooters. However, this massive drop in sales performance was inevitable, as Ather Energy recently made a transition in production to make way for the all-new updated versions of the 450 Plus and 450X. The new versions are expected to bring Ather back among the top five brands in this space. While the ninth position was secured by Benling with 1,167 units, Okaya finished in the tenth position with 1,076 units.
The electric two-wheelers recently came under scrutiny due to instances of e-scooters from Okinawa, Ola Electric, Pure EV and Jitendra EV catching fire were reported from various corners of the country. However, things are finally coming back on track, and electric scooters are once again gaining traction among prospective two-wheeler buyers.