In the electric two-wheeler market for June, TVS and Bajaj Auto maintained their top two positions, while Ather’s market share saw growth. TVS registered 25,274 units, securing a 24% market share, while Bajaj Auto followed with 23,004 units, holding a 22% market share. Ola Electric’s sales declined, with a 45% drop compared to the previous year.
- TVS and Bajaj Maintain Leadership:TVS and Bajaj Auto continue to dominate the electric two-wheeler market, holding the first and second positions respectively.
- Market Share Shift:While TVS and Bajaj retained their top spots, Ola Electric’s market share decreased significantly.
- Ather’s Growth:Ather’s market share also saw an increase during the month of June.
- Overall Market Decline:The electric two-wheeler market experienced a slight decline in overall volume, with 94,299 units registered in June compared to 96,858 in May.
- TVS Registers Strong YoY Growth:TVS Motor Company saw an impressive 80% year-on-year increase in electric two-wheeler registrations in June.
- Bajaj Auto’s Continued Momentum:Bajaj Auto also maintained its momentum, recording a 154% year-on-year increase in registrations.
