Legacy Giants Ahead In EV Race, Udaan’s $114 Mn Round & More

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Legacy Giants Race Ahead In E2W Race

Ola Electric can’t seem to catch a break. A few days after the Bhavish Aggarwal-led EV maker posted dreadful Q4 FY25 results, data for the month of May suggests that it has lost its second spot to Bajaj Auto in the electric two-wheeler (E2W) market.  

Overall, E2W registrations across the country grew a modest 4% to 96,114 units in May from 92,387 units in April. On a yearly basis, May’s registrations were up over 24%.

Who’s The Winner & Who’s The Whiner? 

📈 TVS registered 23,704 units in May,…



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Legacy Giants Ahead In EV Race, Udaan’s $114 Mn Round & More


Legacy Giants Race Ahead In E2W Race

Ola Electric can’t seem to catch a break. A few days after the Bhavish Aggarwal-led EV maker posted dreadful Q4 FY25 results, data for the month of May suggests that it has lost its second spot to Bajaj Auto in the electric two-wheeler (E2W) market.  

Overall, E2W registrations across the country grew a modest 4% to 96,114 units in May from 92,387 units in April. On a yearly basis, May’s registrations were up over 24%.

Who’s The Winner & Who’s The Whiner? 

📈 TVS registered 23,704 units in May,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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