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India’s top 10 electric two-wheeler manufacturers in April

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The high-speed electric two-wheeler segment saw sales of more than 49,000 units.

The Indian automotive market is the world’s fourth-largest car market, but when it comes to electric vehicles, the country is still miles away from being the EV hub. But when it comes to the electric two-wheeler market, thanks to multiple factors such as central and state government subsidies, rising fuel prices, a plethora of options to choose from, and most importantly the usage pattern make it an attractive option over its IC-counterpart.

For the month of April, the overall electric vehicle (two-, four- and passenger vehicle) sales crossed the 50,000-units sales milestone. A total of 51,501 units were sold in the country, with the two-wheeler segment accounting for almost 95 percent of the sales.

Looking at segment-wise sales in the high-speed electric two-wheeler category, Ola Electric claimed the leadership position with sales of 12,698 units, followed by Okinawa Autotech at 11,010 units. Hero Electric, which is suffering from semiconductor shortage slipped two places at the number 3 rank with sales of 6,576 units.

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At fourth position Ampere Vehicles, a wholly-owned subsidiary of Greaves Cotton reported sales of 6,539 units, while Ather Energy came fifth with sales of 2,447 units.

The overall sales of electric two-wheeler were 49,166 units, compared to 5,132 units a year ago, and 49,642 units in the previous month.

Company April ’22 April ’21 Change (YoY) March ’22 Change (MoM)
Ola Electric 12,698 0 NA 9,140 39%
Okinawa Autotech 11,010 1,193 823% 8,284 33%
Hero Electric 6,576 643 923% 13,029 -50%
Ampere Vehicles 6,539 751 771% 6,341 3%
Ather Energy 2,447 903 171% 2,234 10%
Pure Energy 1,756 581 202% 2,066 -15%
TVS Motor Co 1,417 302 369% 2,269 -38%
Revolt Intellicorp 1,239 138 798% 1,410 -12%
Bajaj Auto 1,121 47 2285% 827 36%
Jitendra New EV-Tech 915 36 2442% 1,034 -12%
Benling India 820 171 380% 1,013 -19%
Lectrix EV 659 0 NA 41 1507%
Goreen E-Mobility 548 82 568% 598 -8%
MEW Electricals 441 94 369% 489 -10%
KLB Komaki 349 70 399% 324 8%
RGM Business Plus 165 0 NA 139 19%
Elthor Energy 114 25 356% 98 16%
Others 352 96 267% 306 15%
Total 49,166 5,132 858% 49,642 -1%
India’s top 10 electric two-wheeler

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