Ola Electric back on top spot after 4 months for e-scooter registrations

EV makers said in view of the festival season, they expect overall numbers to go up substantially

Ola Electric has regained the top spot among companies producing electric scooters after a gap of four months, according to data from the government website VAHAN.

The EV company stood at the fifth spot, behind Hero Electric, Okinawa, Ampere, and Ather Energy, in terms of e-scooter registrations in August, at 3,440. In September, it clocked 8,780 registrations (until September 30 afternoon).

The uptick was possible, analysts said, because of its strategy to bring in affordable models, below ~1 lakh, to expand the market; it launched its S1 model at ~99,000 on August 15 and the impact was discernible in September.