TVS tops electric 2W sales, Ather switches gear to race past Ola Electric

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The prolonged shortage of rare earth magnets that disrupted electric vehicle production has led to a reshuffle in the market ranking of two-wheeler makers, although rel=”dofollow” href=”https://economictimes.indiatimes.com/tvs-motor-company-ltd/stocks/companyid-12940.cms” target=”_blank”>TVS Motor held on to its lead.

Bengaluru-based rel=”dofollow” href=”https://economictimes.indiatimes.com/ather-energy-ltd/stocks/companyid-1965014.cms” target=”_blank”>Ather Energy, which went public in May, has overtaken Ola Electric in monthly sales volumes, while rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” target=”_blank”>Bajaj Auto slipped to fifth, according to information from the Vahan portal.

In the first 27 days of August, Ola Electric sold 13,688 vehicles for a 17.3% market share, holding on to third position. Ather Energy moved up to the second in electric…



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TVS tops electric 2W sales, Ather switches gear to race past Ola Electric


The prolonged shortage of rare earth magnets that disrupted electric vehicle production has led to a reshuffle in the market ranking of two-wheeler makers, although rel=”dofollow” href=”https://economictimes.indiatimes.com/tvs-motor-company-ltd/stocks/companyid-12940.cms” target=”_blank”>TVS Motor held on to its lead.

Bengaluru-based rel=”dofollow” href=”https://economictimes.indiatimes.com/ather-energy-ltd/stocks/companyid-1965014.cms” target=”_blank”>Ather Energy, which went public in May, has overtaken Ola Electric in monthly sales volumes, while rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” target=”_blank”>Bajaj Auto slipped to fifth, according to information from the Vahan portal.

In the first 27 days of August, Ola Electric sold 13,688 vehicles for a 17.3% market share, holding on to third position. Ather Energy moved up to the second in electric…



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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