ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ola-electric” target=”_blank”>Ola Electric fell to the third position in India’s electric two-wheeler market in May, losing ground to legacy companies 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 and rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Bajaj Auto amid a sector-wide sales slowdown. The erstwhile market leader, which has been grappling with operational and regulatory challenges, saw its market share shrink to a fifth from more than half just 13 months ago.
The Bhavish Aggarwal-led company had a 20% market share in the first 26 days of May, down from a 22.1% share in April, showed data from the government-run Vahan portal. It recorded 15,221 vehicle…
