Ola Electric registrations drop to narrow its lead over rivals

The Bhavish Aggarwal-led company saw the sharpest dip in November registrations compared to TVS Motor or Bajaj Auto.

Registrations of Bengaluru-based Ola Electric’s scooters fell 33.5% in November compared to the previous month, according to Vahan data. 

The Bhavish Aggarwal-led company continues to maintain a small lead over its rivals with its 27,746 registrations representing a 25.09% share of total electric two-wheeler registrations, according to Business Standard. TVS Motor followed close on its heels with its 26,036 registrations, making for a 23.55% market share. Bajaj Auto came in third with 24,798 registrations, representing a 22.59% market share. 

Both TVS and Bajaj also saw registrations dropping compared to the previous month but they fared better than Ola with declines …

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Sethu Pradeep

Sethu writes on all things technology at The Morning Context. He previously worked as a senior sub-editor at Indian Express.

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