Ola Electric slips to fourth place in electric vehicle registration, registration decreased by about 37 percent in June compared to May

Ola Electric slips to fourth place in EV registration

Image Credit source: Ola Electric

The registrations of Ola Electric in June have come down by 36.5 percent to 5,874 as compared to May. This number is less than half of the record 12,703 registrations registered in April.

Electric Two-Wheeler Manufacturer Ola Electric ,Ola Electric) had secured the top position as fast as in the segment. The company has come down equally fast. Moneycontrol has informed by quoting the government dashboard vehicle that in June 2022 the electric vehicle (Electric Vehicle) In the case of registration, the company has slipped to the fourth place. According to the company, due to the impact on the supply chain, registration has also been affected. And this decline has been registered due to the shortage of cells in the month of June. At the same time, during June, there has been an increase in the total EV registration in the country. In the month of June, the total registration of electric vehicles has reached the level of 72,416. Which were at the level of 65,879 in May. Currently, Okinawa Autotech is at the top position in terms of EV registration.

How were the companies’ statistics

According to the vehicle dashboard, the registrations of Ola Electric in June have come down by 36.5 percent to 5,874 as compared to May. This number is less than half of the record 12,703 registrations registered in April. At the same time, Okinawa Autotech is at the number one position with 6,980 registrations. However, there has also been a decline in its registration and it has decreased by 25 percent compared to May and 36 percent compared to April. Greaves Electric Mobility’s two-wheeler brand Ampere registered a growth of 12 per cent over May. And the registrations have reached 6,541. On the third place is Hero Electric, whose total registrations have reached 6,503 during the month. Ather Energy backed by Hero Motocop stood at the fifth position with 3808 registrations.

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