Sales of Ola electric scooter fell on their mouths, 33% reduced cell in November, Bajaj-Economic Sales also declines

Sales of Ola electric scooter fell on their mouths, 33% reduced cell in November, Bajaj-Economic Sales also declines


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After the October festive season, there has been a huge decline in sales of electric scooters. The biggest decline appeared in the sale of Ola Electric, which was 33 per cent less in November.

TVS and Bajaj also shocked, but the market share increased.

Electric scooter sales: After record -breaking sales in the festive season, the month of November has proved to be somewhat disappointing in the electric vehicle market. The monthly sales of the leading EV manufacturer Ola Electric have been recorded. According to the data of the vehicle portal, 27,746 vehicles of Ola Electric were registered in November 2024, which is 33% less than in October. In October, the figure was more than 40,000 units, which was a large milestone ever for the company.

The decline in registration also affected the market share of Ola Electric. The company’s market share declined to 24% in November, which was 30% in October. However, despite this, Ola electric two -wheelers maintain their leading position in the EV market. Analysts believe that this decline in sales is due to increasing competition, complaints related to product quality and poor service.

TVS and Bajaj also shocked, but market share increased
Apart from Ola Electric, sales of other major EV manufacturers were also affected. Registration of TVS Motor’s EV two -wheelers declined by 13% during November and the number was 26,036 units. However, TVS’s market share rose to 23%, which was 21.5% in October.

The situation of Bajaj Auto was also similar. The company registered 24,978 EV two -wheelers in November, which is 12% less on a monthly basis. However, the market share increased and it increased from 20% to 22%.

Ether energy condition also weak
Ather Energy registered 12,217 units in November, which is 24% lower than 16,148 units of October. The continuous falling sales have affected the company’s market situation.

Total EV market is also affected
The decline in sales of big companies also affected the total EV market. The total registration of electric two -wheelers in November was 1.14 lakh units, which is 18% less than in October. However, on an annual basis this number was 23.5% higher, indicating that EV market performance in the long term is positive.

The recession after the festive season shows that competition in the electric vehicle market is steadily increasing. Leading companies like Ola Electric need to improve in terms of product quality and customer service, so that they can strengthen their market status.

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Sales of Ola electric scooter fell on their mouths, reduced by 33% in November

(Tagstotranslate) Ola Electric Saves (T) Electric Scooter Sles November 2024 (T) November 2024 Ev Registrations (T) Ola Electric Market Share (T) ) TVS Ev Sels