- Ola sold most e-scooters in April
- Hero Electric came third
Ola Electric for the first time has sold more e-scooters than Hero Electric –an EV company that led the segment for many years.
As per Vahan data, the Bengaluru-based company sold 12,683 units in April, registering a whopping 39 per cent increase over March. Hero Electric on the other hand sold just 6570 units last month. Interestingly, Okinawa sold more EVs than Hero at around 10,000 units, which made Hero Electric the third biggest brand after Ola and Okinawa.
According to one of the top honchos of Hero Electric, the drastic reduction in overall sales is due to supply chain issues when it came to chips. The company claims that it has been receiving chips from its regular suppliers and are in the process of getting them from alternate places. The e-scooters have seen tremendous growth over the last few months, thanks to the rising petrol prices and EV push by the government. However, the recent fire-related incidents with some EV brands are bound to affect the overall sales as the Indian consumers would want to wait and watch see how things improve.