Electric Scooters: The demand for electric two-wheelers is continuously increasing among the customers. Sales have also increased due to the availability of more options of electric two-wheelers in the market.
Talking about electric two-wheelers, electric scooters are in the highest demand in this segment. Many companies including TVS, Hero, Ather are selling their electric scooters in the market, but there is one company which has left these giant companies behind in terms of sales.
Here we are talking about Ola Electric, the market leader of the electric scooter segment, which sold a total of 41,624 units of electric scooters in July 2024 with an annual growth of 114.49 percent. Exactly a year ago i.e. in July 2023, the total sales of the company were only 19,406 units.
Ola Electric’s market share in this segment has increased to 38.64 percent due to this increase in sales. Let us know about the sales of the 10 most electric two-wheeler selling companies last month.
TVS and Bajaj’s annual sales increased
TVS was second in this list of sales. TVS sold a total of 19,486 units of electric two-wheelers during this period with an annual increase of 87.40 percent.
TVS is selling three models of its iQube electric scooter in the market. Bajaj was at number three in this list, which registered a total sale of 17,657 units of electric two-wheelers with an annual increase of 327.43 percent.
Apart from this, Ather was at number four in this list of sales. Ather sold a total of 10,087 units of electric two-wheelers during this period with an annual increase of 50.89 percent.
At the same time, Hero MotoCorp stood at number five in this list by selling a total of 5,045 units of Vida electric scooter with an annual growth of 409.60 percent.
Three models of Ola available in the market
At present, three electric scooter models of Ola Electric are available in the market. These include S1 Pro, S1 Air and S1 X.
Ola S1 pro is the company’s most premium electric scooter priced at Rs 1.34 lakh (ex-showroom). At the same time, the price of Ola S1 Air is Rs 1,06,499 (ex-showroom) and the price of Ola S1 X is Rs 74,999.