Hero Electric regains top slot, Ather and Ola face severe drop, Auto News, ET Auto
After a dip in sales in the past few months, Hero Electric regained the top spot in July 2022 by recording 8,786 units. That is a 35 percent bump in month-on-month sales when compared to June 2022’s 6,504 E2W sold by the manufacturer.
Hero Electric took back the crown from Okinawa Autotech, which had been the top performer in recent months. Okinawa Autotech closed its July sales in the second spot at 8,093 units. However, it did see a bump of 17 percent over its June sales of 6,944 units.
The third and fourth slots were grabbed by Ampere and TVS Motors respectively. Ampere recorded a slight drop of 4 percent in July E2W sales at 6,312 units from June’s 6,541 units. Whereas, TVS motors jumped to the fourth position from the seventh after recently ramping up its production. The company sold 4,244 E2W units in July, a big leap from June’s 1,946 units.
However, the noticeable laggers in the segment were Ola Electric and Ather Energy. Ola Electric only sold 3,852 E2W units in July, a significant decline from June’s 5,886 units sold and April 2022’s 12,702 units sold. Meanwhile, Ather Energy too saw tumbling sales of just 1,279 units in July 2022. The Bengaluru startup sold 3,829 E2Ws in June 2022.