Hero Electric has emerged as the number one EV two-wheeler company in India in the month of July, beating Okinawa Autotech, Ola Electric and Ather Energy, according to the latest VAHAN data.
Ather Energy and Ola Electric suffered biggest drop as customers delay purchasing EVs amid battery fire incidents and government probes.
Ather Energy sold 1,095 EV two-wheelers (till July 30) from 3,829 in June, registering the biggest drop among the EV manufacturers.
Ola Electric sold 3,690 vehicles (till July 30), a significant drop from 5,891 vehicles in the month of June. The company has sold 45,698 vehicles to date this year.
Ola Electric had sold 12,705 EVs in April and 9,258 in May.
Hero Electric led the EV two-wheeler market in the country with registration of 8,474 vehicles, up from 6,504 in June.
Hero Electric has sold 52,559 vehicles this year, indicating an uptick in its vehicles.
Okinawa was second with selling 7,717 EV 2-wheelers in July, up from 6,984 it sold in June. The company has so far sold 54,835 EVs this year (till July 30).
Ampere Vehicles, which sold 6,542 vehicles in June, saw a drop in July to 5,980 vehicles, with a total tally of 39,769 sold this year.
Ola Electric said they were prepared to see the impact of supply chain constraints, especially on cell shortage.
Union Road Transport and Highways Minister Nitin Gadkari last week told Parliament that all those EV two-wheelers companies have been served show-cause notices whose vehicles caught fire owing to battery issues.