Hero Electric gains No.1 spot for July sales
The company unseated Okinawa even as Ola Electric and Ather Energy saw volumes drop significantly.
Hero Electric has emerged as the number one EV two-wheeler Company in India for July 2022, clocking 30 percent higher from its June numbers to unseat Okinawa that topped the June Two-wheeler sales tally. This is based on the numbers put out on the Vahaan database. According to the database, Ola Electric and Ather saw their respective volumes dip by 71 percent and 38.34 percent respectively.
Ola Electric, as per media reports, has paused its manufacturing due to an inventory build-up which the company has denied.
Hero Electric clocked 30 percent higher numbers with registration up to 8,474 vehicles from 6,504 in June last month with net sales at 52,559 vehicles indicating strong growth in overall numbers.
Okinawa was second selling 7,717 electric 2-wheelers in July, up from 6,984 units sold in June. The company has so far sold 54,835 EVs this year (till July 30).
Ampere Vehicles which was ranked at No 2 in June at 6,542 vehicles saw a marginal 7.82 percent drop to take the No. 3 slot in July with sales at 5,980 vehicles, Full year sales till July 30th stood at 39,769 for the current year.
Ather Energy sold 1,095 EV two-wheelers (till July 30) from 3,829 in June and Ola's numbers stood from 5891 vehicles in June fell to 3690 units in July.
Overall E2W registration fell 5 percent to 32,450 as various authorities tightened their grip on the EV manufacturers for defaulting on safety standards that led to EV fires across several well-known e2 wheeler manufacturers.
Major EV makers including Ola, Okinawa, Pure Electric, and a few others have been issued notice by MORTH (Ministry of Road Transport Highways) and The Central Consumer Protection Authority (CCPA), as to why relevant sections of the (Motor vehicles and Consumer Protection Act) should not be invoked over customer concerns and complaints regarding a series of EV fires that have created a question mark on the safety of such scooters.
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