All posts tagged: india ev

From market leader to laggard: Can Ola Electric regain its lead? | Smart Stocks News

From market leader to laggard: Can Ola Electric regain its lead? | Smart Stocks News

Published by Parlour News

Just a year ago, Ola Electric was the undisputed king of India’s electric two-wheeler market with a massive 52% market share. Fast forward to February 2025, and things have taken a sharp turn. Ola Electric’s registrations have crashed to just 8,390 units — the lowest since August 2022. That’s a 65% drop from 24,376 units recorded in January 2024. And while Ola is still leading the pack, its rivals are catching up fast. Now, the entire electric two-wheeler market isn’t exactly thriving. According to Vahan, total registrations slumped 27% in February to 71,847 units — the lowest since April 2024. But here’s the key point — while everyone took a hit, Ola’s fall was the steepest. High-speed E-2 wheeler sales trend by OEM. Bajaj Auto is making the most of it. It sold over 20,000 electric scooters in February, grabbing a 27.8% market share. TVS Motor wasn’t far behind, clocking 17,605 units and securing 24.5% market share. Even Ather Energy, Ola’s closest startup competitor, registered 11,130 vehicles, cornering 15.5% of the market. Story continues below …

With Electrification of Public Transport to Hit the Road, Experts Laud Govt Move, Suggest ‘Work Within City’ First

Published by Webster

Commerce minister Piyush Goyal has told secretaries in the road transport ministry to prepare a joint action plan for the electrification of all public transport vehicles in the country in order to boost electric mobility in the country. In an office memorandum released on January 4, along with PM Gatishakti National Plan, the minister told the secretaries to identify the measures and policy required by the Central and state governments to expedite the electrification of public transport vehicles; and jointly prepare a project proposal regarding the same. According to the notification, once the plane is finalised, it will be discussed with the commerce and industry minister. The details regarding the “Action Items” resulted from the discussions during a meeting held at Vanijya Bhawan on January 2, when the Minister of Commerce and Industry reviewed the progress of the PM GatiShakti National Master Plan with infrastructure and other ministries. Expert Views Kaustubh Dhonde, Founder and CEO of AutoNxt Automation Pvt. Ltd, told News18 the electrification of public transport is the most critical point that every state, …