Hero Electric retains leadership in EV 2-wheeler market, Ola drops

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Hero Electric led the Indian electric vehicle (EV) two-wheeler segment in August, selling a record and highest-ever 10,476 vehicles in one month followed by Okinawa Autotech at 8,554 vehicles, the latest government VAHAN data has revealed.

Hero Electric had sold 8,954 EV two-wheelers in July while Okinawa Autotech had sold 8,096 two-wheelers.

Ola Electric sold 3,421 EV two-wheelers in August against 3,862 units in July.

Ather Energy sold 5,239 vehicles in August as compared with 1,289 in July.

Ampere Vehicles, which sold 6,319 e-vehicles last month, saw a marginal hike at 6,396 sold units.

Hero Electric is set to partner with Jio-bp to boost two-wheeler EV adoption and battery swapping infrastructure.

The customers of Hero Electric are expected to get access to the widespread charging and swapping network of Jio-bp, which is also open to other vehicles.

A recent report revealed that only 1 percent household consumers plan to buy an e-scooter in the next six months amid safety and performance concerns, as the government probes multiple fires in electric two-wheelers.

Around 32 percent of respondents are not convinced about the safety and performance of electric scooters in August while in March this year, the number stood at 17 percent – as more than two dozen electric two-wheelers caught fire in March and April, according to community social media platform LocalCircles.

After more than two dozen electric two-wheelers caught fire in March and April, around 7,000 units were voluntarily recalled by electric scooter makers such as Ola, Pure EV, and Okinawa.

The government set up a committee of experts from Centre for Fire, Explosive and Environment Safety (CFEES) and the Indian Institute of Science to carry out detailed investigation and frame quality-centric guidelines for EV manufacturers, which are expected to be released soon, IANS reports.

The fallout of EV fires is that just 1 percent of over 11,000 respondents said they plan to buy an e-scooter in the next 6 months.

Nearly 5 percent said they are keen to buy but were not convinced about the infrastructure available for e-scooters where I live/work and 7 percent said they do not have funds for buying e-scooters.

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