12.9 C
London
Friday, October 7, 2022

Hero Electric tops two-wheeler sales charts in August, Ola Electric’s saw fell

Must read

Sensex gains 156 points, led by metals, IT and capital goods amid foreign capital inflows

Among Sensex stocks, Tata SteelLarsen & Toubro, ICICI Bank, HCL Technologies, infosys and Axis Bank were among the winners. Bharti Airtel, Hindustan Unilever,...

10 people injured, including children, after NYPD vehicle crashed on busy sidewalk in Bronx

Ten people injured, including two children, after an NYPD vehicle collided with a car and crashed into a Bronx sidewalk Thursday afternoon, authorities said.The...

The Mario movie trailer is as cursed as we’d hoped • londonbusinessblog.com

Nintendo shared the first trailer for the anticipated "The Super Mario Bros. Movie," an animated adventure with some very meme-worthy casting. Starring Chris...

Meet the young Turks of blockchain, DeFi and web3 exhibiting at TC Sessions: Crypto • londonbusinessblog.com

Basketball isn't the only heat you'll find in Miami, a city that is quickly becoming known for its emerging technology development and investments in...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

  • Hero Electric sold 10,476 vehicles in one month while Okinawa Autotech sold 8,096 two-wheelers.
  • Ola Electric sold 3,421 EV two-wheelers in August, down from 3,862 units the company sold in July.
  • Ather Energy saw a huge jump in sales of 5,239 vehicles, from just 1,289 in July.

Hero Electric once again led the Indian two-wheeler electric vehicle (EV) segment in August, with all-time record sales of 10,476 vehicles in one month, followed by Okinawa Autotech with 8,554 vehicles, the latest government VAHAN data shows.

Hero Electric had sold 8,954 EV two-wheelers in July, while Okinawa Autotech had sold 8,096 two-wheelers.

Bhavish Aggarwal-run Ola Electric sold 3,421 EV two-wheelers in August, down from 3,862 units the company sold in July, indicating it still needs to get its strategy on track.

Ather Energy saw a huge jump in sales of 5,239 vehicles, from just 1,289 in July.

Ampere Vehicles Pvt Ltd, which sold 6,319 vehicles last month, saw a marginal increase to 6,396 units sold.

In an effort to drive the adoption of electric two-wheelers and battery switching infrastructure, Hero Electric is partnering with Jio-bp to strengthen mobility solutions for electric two-wheelers.

Hero Electric’s customers are expected to gain access to Jio-bp’s widespread charging and swapping network, which is also open to other vehicles.

A recent report shows that only 1 percent of household consumers plan to buy an e-scooter in the next six months due to safety and performance concerns as the government investigates multiple fires in electric two-wheelers.

About 32 percent of respondents were unconvinced about the safety and performance of electric scooters in August, compared to 17 percent in March this year — as more than two dozen electric two-wheelers caught fire in March and April, community social media platform LocalCircles.

After more than two dozen electric two-wheelers caught fire in March and April, about 7,000 units were “voluntarily” recalled by electric scooter manufacturers such as Ola, Pure EVand Okinawan.

The government has set up a committee of experts from the Center for Fire, Explosive and Environment Safety (CFEES) and the Indian Institute of Science to conduct detailed research and prepare ‘quality-oriented’ guidelines for EV manufacturers, which are expected to be released shortly. will be released.

The impact of EV fires is that only 1 percent of more than 11,000 respondents said they plan to buy an e-scooter in the next 6 months.

Nearly 5 percent said they would like to buy but were “unconvinced about the infrastructure available for e-scooters where I live/work” and 7 percent said they don’t have the money to buy e-scooters.

While there are people eager to buy e-scooters, concerns about safety and performance are increasing.

“It is critical for government and industry to gain consumer confidence,” the report said.

ALSO SEE:
Asus ROG Flow X16 review: The perfect 2-in-1 gaming laptop

Asus ROG Strix G17 (2022) review – a great looking gaming laptop with top performance

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sensex gains 156 points, led by metals, IT and capital goods amid foreign capital inflows

Among Sensex stocks, Tata SteelLarsen & Toubro, ICICI Bank, HCL Technologies, infosys and Axis Bank were among the winners. Bharti Airtel, Hindustan Unilever,...

10 people injured, including children, after NYPD vehicle crashed on busy sidewalk in Bronx

Ten people injured, including two children, after an NYPD vehicle collided with a car and crashed into a Bronx sidewalk Thursday afternoon, authorities said.The...

The Mario movie trailer is as cursed as we’d hoped • londonbusinessblog.com

Nintendo shared the first trailer for the anticipated "The Super Mario Bros. Movie," an animated adventure with some very meme-worthy casting. Starring Chris...

Meet the young Turks of blockchain, DeFi and web3 exhibiting at TC Sessions: Crypto • londonbusinessblog.com

Basketball isn't the only heat you'll find in Miami, a city that is quickly becoming known for its emerging technology development and investments in...

Limit reached – Join the EU Startups CLUB

€147/quarter This option is ideal for companies and investors who want to keep up to date with Europe's most promising startups, have full access...