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Hero Electric best-seller for second consecutive month, e2W sales cross 225,000 in April-August

With sales of 10,482 units in August on the back of July’s 8,953 units, Hero Electric jumps two ranks to take No. 2 position, after Okinawa Autotech; e2W industry sales cross 50,000 in August.

By Ajit Dalvi

11 Sep 2022

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Hero Electric, which topped July sales with 8,953 units, has upped the ante again in August with 10,482 e-scooters. Its April-August retails are 35,364 units, helping it jump two ranks to No. 2 now.

Okinawa Autotech, which is seeing strong demand for its iPraise+ and Praise Pro high-speed models, is well placed in the lead with 43,944 units, averaging monthly sales of 8,788 units.

Ola sales have slowed down – from a high of 12,698 units in April 2022, August’s 3,435 units are the lowest monthly numbers in the ongoing fiscal.

With 31,630 units in April-August 2022, Ampere Vehicles is seeing sustained demand.

Bangalore-based smart EV OEM Ather Energy retailed 5,284 units last month, its best performance this fiscal, and has a five-month tally of 16,166 units.

ICE two-wheeler and electric scooter rivals Bajaj Auto and TVS Motor Co are also making robust gains with their electric scooters.

Electric two-wheeler sales in India are on a roll and August 2022’s retail numbers are the best yet this fiscal: 50,475 units. While this is a massive 238% year-on-year increase on the pandemic-impacted August 2021’s 14,913 units, they constitute a more realistic 13% month-on-month growth over July 2022’s 44,595 units.

Last month’s e-two-wheeler retails, as revealed by Vinkesh Gulati, chairman of FADA India Research & Academy, indicate that numbers have crossed the 50,000-unit mark for the first time and point to the way ahead. Cumulative sales for the first five months of FY2023 – April-August 2022 – have gone past ...

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