Electric two-wheeler vehicle technology has revolutionized the Indian automotive industry. The central and state governments have been developing supporting laws and focusing on the campaign to adopt electric scooters through various subsidies over the past year. As a result, there are now numerous electric scooter manufacturers serving the needs of consumers all over the nation.
According to recent data from Vahan Dashboard, the country’s sales of electric two-wheelers are moving forward. By July 2022, 44,259 electric two-wheelers (E2W) had been sold, a 200 percent increase over 2021. A 6 percent increase over the 41,837 E2W sold in June was also reported as a month-over-month gain. The top E2W manufacturing achievers for July 2022 are listed below.
In July 2022, Hero Electric reclaimed the top spot on the sales statistics for electric two-wheelers, surpassing Okinawa to become the nation’s most popular brand.
Ola Electric, a former fan favorite, continued to slide down the list, dropping in the sales rankings. Ather Energy, a well-known brand based in Bangalore, was another prominent name to slide down the sales charts, moving to eighth place.
After falling to lower ranks for several months, Hero Electric has regained the top position. The manufacturer sold 8,679 e-bikes in the month of July 2022. This represents 0.86 percent of India’s overall two-wheeler market sales volume in July. The business had sold only 4,223 units in the same month the prior year.
- Ola Electric
This year got off to a fantastic start for Ola Electric, who took the top rank in the second quarter. The new electric scooter brand, however, has dropped to the fourth position. In July 2022, the manufacturer only sold 3,426 ebikes. The company unveiled the Ola S1 Pro, its first scooter in December. More recently, MoveOS 2 was updated with new capabilities.
On the list, Okinawa Autotech is ranked in the second position. For the past year, the company has been able to maintain one of the top two positions on the list. In July, it sold 7,999 e-bikes in total. This accounts for 0.79 percent of the market share for two-wheelers as a whole. In the same month the previous year, the manufacturer had sold 2,580 e-bikes.
Although the business hasn’t gained as much attention as Ola Electric and Ather, it nonetheless consistently ranks among the top 5 electric scooter brands. The company sold 6,106 e-bikes in the month of July 2022. In the whole two-wheeler market, the brand was able to gain 0.60 percent of the market share. The company only sold 657 electric two-wheelers, in direct contrast.
- Revolt
Revolt has replaced Ather Energy as the number five brand, knocking it from its position. In July 2022, The Revolt sold 2,261 electric two-wheelers in total. In contrast, the brand only sold 321 units in July of last year. Ather dropped to sixth place with 1,192 unit sales in July 2022. Due to the recent release of an improved Ather 450X, the brand is anticipated to make a comeback.
With the new iQube lineup, TVS keeps climbing the electric two-wheeler charts. In July 2022, TVS sold 4,258 electric scooters, a year-over-year growth of 557 percent (3,610 units) over the 648 units sold in July 2021. Sales on a month-to-month basis increased by 118.81% (2,312 units) over the same period in June (1,946 units).
Bajaj, a two-wheeler manufacturer, located in Pune, was ranked seventh on the list after selling 2,433 units in the previous month. Compared to July 2021’s 728 units, Bajaj’s year-over-year sales increased by 234.20 percent (1,705 units), while its month-over-month sales increased by 635 units (35.32%) compared to June 2022’s 1,798 units.
- Ather
With 1,286 electric scooters sold in the past month, Bangalore-based Ather fell to the eighth position on this list. When compared to July 2021’s 1,799 e-bikes, Ather’s July sales were down 28.52 percent (513 units) year over year. M-o-M metrics also performed poorly, falling by 66.42 percent (2,544) from June’s 3,830 units.
- Benling
During the initial three-quarters of financial 2022, Benling, a firm manufacturing electric two-wheelers, had astounding growth of 53.73 percent year over year with sales of about 42,000 units. The second wave of Covid-19 severely damaged the auto sector, yet the company nonetheless sold 30,000 e-bikes during that time (FY 2020). In July 2022, Benling sold 1,167 units, with a positive rise.
- Okaya
Okaya Electric has been a pioneer in putting electric scooters on Indian roads since the invention of electric scooters in that country. Currently, Okaya Electric has 4 EVs plying on Indian roads. Right now, Okaya Electric Fast, which has a range of 60 km/charge, is the EV with the greatest range. In the month of July 2022, Okaya sold 1,076 units, and the business experienced positive growth.
