Slowdown in two-wheeler EV sales Ola Electric’s market share declines in September, while Bajaj surpasses TVS
With 18,933 two-wheeler EV registrations last month, Bajaj Auto surpassed TVS Motor. Additionally, its market share rose from 19% in August to little over 21% last month.
In September, Ola Electric’s market share dropped to 27% and its scooter registrations decreased 11% month over month to 23,965 units.
TVS Motor registered 17,865 more scooters on a month-over-month basis, up 2%, while Ather Energy, which is about to go public, registered 12,579 more scooters.
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