It is clear from this that people in India are now adopting electric scooters as an alternative to petrol-powered two-wheelers. Hero Electric, Okinawa, Ampere, Ola Electric and Ather Energy are some of the major manufacturers of electric scooters in India. Let us know how much were the sales of these companies in February 2022.
1. Hero Electric
Hero Electric is the largest selling electric two wheeler company in the Indian market. The company has remained at the top of the companies selling the most electric scooters for the last decade. Hero Electric sold 7,356 electric scooters in February 2022, which is three times more than 2,194 units in the same month last year. However, there has been a marginal decline in the sales of Hero Electric as compared to January 2022, when the company sold 7,763 electric scooters.
Hero Electric has a 30 per cent market share in the Indian electric two-wheeler market. Hero Electric sold 46,260 units of electric scooters in 2021, while in just one month, the company has sold more than 7,000 scooters. If Hero Electric continues to sell scooters at the same pace, then this year the company’s sales could double as compared to last year.
2. Okinawa Autotech
Okinawa Autotech retains the second position among the top electric two-wheeler manufacturers in India in February 2022. The company has sold 5,923 units, registering a five-fold increase in sales as of February 2022. In February last year, the company was able to sell only 1,067 units of electric scooters.
Currently, the company is preparing to launch its new electric scooter Okhi 90. It will give direct competition to Ola S1 Pro. While Okinawa sold 29,945 units of electric scooters last year, the company has sold 11,536 electric scooters between January and February this year. With the launch of a few new models this year, the company is expecting double the sales.
3. Ampere Vehicles
Ampere Vehicles, which manufactures EV models like Rio, Rio Elite, Magnus EX, Magnus Pro and Zeal in India, has emerged as the third largest electric two-wheeler manufacturer in the country. The company has sold 4303 electric scooters in February 2022, compared to 806 electric scooters sold in the same month last year.
4. Ola Electric
Ola’s entry into the Indian electric vehicle market last year was the biggest news for the vehicle market. However, the company could not show its excellence in terms of sales. Ola Electric started booking the S1 and S1 Pro scooters from October last year and garnered good bookings. However, the company has been able to deliver only 3,904 scooters so far.
5. Ather Energy
Bengaluru-based EV startup company Ather Energy reported a decline in sales of electric scooters last month. The company has sold 2,229 scooters in February 2022. However, this is much higher than the figure of February 2021 when the company had sold only 626 units.