May 3, 2022
1 min read

Ola leads EV sales race

At second spot, Okinawa Autotech registered about 10,000 e-scooters while Hero Electric registered 6,571 units to be placed third….reports Asian Lite News

Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter.

According to the government’s Vahan portal data, Ola registered 12,689 e-scooter units in April, higher than the previous segment leader, Hero Electric.

Ola registered 39 per cent growth in April over the previous month.

At second spot, Okinawa Autotech registered about 10,000 e-scooters while Hero Electric registered 6,571 units to be placed third.

“Ola market share: No.1! We’re shaking up the incumbents and vested interests. They better focus on their products rather than fake narratives against us! Customers and markets have voted for facts and truth. We’re just getting started,” tweeted Ola Founder and CEO Bhavish Aggarwal.

Ola is also gearing up to launch its e-scooters in global markets, and has revealed plans to launch an electric car by 2024.

ALSO READ: Canada ramps up EV push

Previous Story

PM Modi hails Indian diaspora in Copenhagen

Next Story

India, Germany team up for startups

Latest from Business

PM Modi: India poised to lead next tech wave

PM Modi underscored that the country is poised to lead the next wave of digital transformation in 5G…reports Asian Lite News Prime Minister Narendra Modi on Wednesday hailed India’s progress in expanding

India Hits 100GW Solar

The expansion is not only in scale but also in quality, with significant capacity dedicated to high-efficiency modules. Many manufacturers have adopted vertically integrated operations, enhancing quality, reducing costs, and improving resilience

Jewellery Exports Shine Bright

The GJEPC noted that product diversification has played a major role in sustaining momentum. Lightweight and contemporary designs are gaining traction among younger global consumers, helping Indian jewellers appeal to a wider

China Curbs Hit India’s Electronics Boom

The ICEA noted this results in delays, inefficiencies, and higher costs — alternatives from Japan or Korea cost up to four times more than Chinese machinery. India’s transformation into a global electronics
Go toTop

Don't Miss

Jaishankar Set for Diplomatic Overdrive in Nepal

Jaishankar, who will be on a day-long visit, will co-chair

India Takes Yoga to the World

Ahead of June 21, yoga events are being held worldwide,