Ola Electric Became the No.1 Brand in April

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Ola Electric Became the No.1 Brand in April
03 May 2022
min read
TWN In-Focus

News Synopsis

Electric vehicle maker Ola Electric has overtaken India's top electric two-wheeler brand, Hero Electric to occupy the top position in the Indian electric two-wheeler market. The portal of the Ministry of Road Transport and Highways shows that Ola Electric managed to grab the top position in April 2022. 

Ola sold 12,683 units of electric scooters in April, thereby achieving MoM growth of 39% over March this year. Interestingly, Hero Electric reported a 50% decline in its sales with 6,570 units sold in April 2022, ranking third in the Indian electric two-wheeler market

Data from the vehicle portal also shows that sales of Ola Electric have increased gradually since December last year. Ola Electric has achieved this at a time when the image of the EV company has deteriorated after videos of Ola Electric Scooter catching fire went viral.

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