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July 2022 EV sales: Hero Electric regains top slot, Ather and Ola face severe drop – EQ Mag Pro

July 2022 EV sales: Hero Electric regains top slot, Ather and Ola face severe drop – EQ Mag Pro

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Recent information launched by Vahan Dashboard signifies continued ahead momentum of electrical two-wheeler gross sales within the nation. The phase noticed a 200 p.c bounce over 2021 with 44,259 electrical two-wheelers (E2W) bought in July 2022.

Whereas, a 6 p.c rise in month-on-month achieve over the 41,837 E2W bought in June was reported as nicely. Here are the highest E2W manufacturing performers of July 2022.

After a dip in gross sales up to now few months, Hero Electric regained the highest spot in July 2022 by recording 8,786 items. That is a 35 p.c bump in month-on-month gross sales when in comparison with June 2022’s 6,504 E2W bought by the producer.

Hero Electric took again the crown from Okinawa Autotech, which had been the highest performer in latest months. Okinawa Autotech closed its July gross sales within the second spot at 8,093 items. However, it did see a bump of 17 p.c over its June gross sales of 6,944 items.

The third and fourth slots have been grabbed by Ampere and TVS Motors respectively. Ampere recorded a slight drop of 4 p.c in July E2W gross sales at 6,312 items from June’s 6,541 items. Whereas, TVS motors jumped to the fourth place from the seventh after lately ramping up its manufacturing. The firm bought 4,244 E2W items in July, an enormous leap from June’s 1,946 items.

However, the noticeable laggers within the phase have been Ola Electric and Ather Energy. Ola Electric solely bought 3,852 E2W items in July, a major decline from June’s 5,886 items bought and April 2022’s 12,702 items bought. Meanwhile, Ather Energy too noticed tumbling gross sales of simply 1,279 items in July 2022. The Bengaluru startup bought 3,829 E2Ws in June 2022.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network