ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ola-electric” target=”_blank”>Ola Electric saw its market share increase by six percentage points to 25.8% in January from a month ago selling 24,335 vehicles, according to Vahan data. However, this remains less than half of the Bengaluru-based company’s total market share of 53.6% in April last year.The decline in share comes amid rising competition in the electric two-wheeler space, regulatory run-ins, and mounting customer complaints.
Ola Electric faces competition from rel=”dofollow” href=”https://economictimes.indiatimes.com/tvs-motor-company-ltd/stocks/companyid-12940.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>TVS Motor, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms”>Bajaj Auto, and IPO-bound Ather Energy, which together account for around 90% of the electric…
