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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The former market leader’s share plummets from 46% to 19% while legacy automakers strengthen their positions in India's electric two-wheeler segment.
Ola Electric's sales continued to slide in June 2025, with the company selling 20,189 units—a 45% drop from the same period last year—according to government data from the Vahan portal compiled on 1 July. Its market share fell dramatically from 46% in June 2024 to 19% in June 2025.
Meanwhile, legacy players have boosted their sales significantly. TVS Motor Company maintained its position as market leader for the third consecutive month, selling 25,274 units in June, with an 80% year-on-year increase. The company now holds a 24% market share in India's electric two-wheeler segment.
Bajaj Auto, in second place, …
A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
The country’s woefully inadequate efforts to reduce its reliance on lithium imports could spoil its EV party.
