Ola Electric stays third as TVS, Bajaj lead EV two-wheeler race in June

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Ola Electric, the erstwhile market leader in India’s electric two-wheeler space, remained in the third position in June. This was its second consecutive month in third place, as legacy rivals rel=”dofollow” href=”https://economictimes.indiatimes.com/tvs-motor-company-ltd/stocks/companyid-12940.cms” target=”_blank”>TVS Motor and rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” target=”_blank”>Bajaj Auto continued to lead the segment.

The Bengaluru-based company registered 18,527 units in June, nearly flat compared to 18,541 units in May. Its market share inched up to 19.6% but remained below the 20% threshold for the second month in a row, showed data from the government-run Vahan portal.

In contrast, TVS Motor and rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” target=”_blank”>Bajaj Auto commanded…



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Ola Electric stays third as TVS, Bajaj lead EV two-wheeler race in June



Ola Electric, the erstwhile market leader in India’s electric two-wheeler space, remained in the third position in June. This was its second consecutive month in third place, as legacy rivals rel=”dofollow” href=”https://economictimes.indiatimes.com/tvs-motor-company-ltd/stocks/companyid-12940.cms” target=”_blank”>TVS Motor and rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” target=”_blank”>Bajaj Auto continued to lead the segment.

The Bengaluru-based company registered 18,527 units in June, nearly flat compared to 18,541 units in May. Its market share inched up to 19.6% but remained below the 20% threshold for the second month in a row, showed data from the government-run Vahan portal.

In contrast, TVS Motor and rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” target=”_blank”>Bajaj Auto commanded…



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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