Electric Two-Wheeler Sales Hit New Heights in India's October Celebrations. #ola #ather #chetakelectric #ampare #tvselectricscooter ‪@ElectroWorldev‬
Last month witnessed a remarkable shift in the electric two-wheeler industry, with sales of these eco-friendly rides surging by an impressive 17%. The total sales for the month reached an astonishing 74,252 units, marking a significant leap from September's figure of 63,706. What's even more thrilling is that some key players in the industry managed to surpass their own sales records, defying expectations. This development is akin to a bright ray of sunshine in the industry, demonstrating the growing awareness of the advantages of electric two-wheelers.
Leading the charge in October were three companies: OLA Electric, TVS Motor, and Bajaj Auto. OLA Electric achieved an impressive sales figure of 23,644 vehicles, up from 18,615 in September, reflecting a substantial 27% month-on-month growth. TVS Motor recorded sales of 16,340 vehicles for the month, compared to 15,576 in September, indicating a 5% month-on-month growth. Bajaj Auto also made a strong showing, selling 8,289 vehicles in the past month, up from 7,087 in September, with a remarkable 26% month-on-month growth. These companies have clearly excelled in the electric vehicle market.
When we analyze the monthly growth figures of the top five companies, the combined increase stands at an impressive 82%. This substantial number underscores the substantial efforts these companies have invested in boosting sales and raising awareness about the benefits of sustainable, electric vehicles.
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