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

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand
Go toTop

Don't Miss

Six convicts in Rajiv Gandhi assassination case released

The Supreme Court on Friday had ordered the release of

India’s Africa outreach aimed at keeping China at bay

While many Indian companies are already operating in Africa, several