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Ola again makes it to top spot in sales in April; e2W market share at 22.4%

The impact of the government subsidy on escooters, which has been halved to ₹5,000 from April 1, is clearly taking its toll on overall sales of e2Ws

Ola Electric, OLA
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On a year-on-year (Y-o-Y) basis, however, the sales in April represents an increase of around 30 per cent while the expectation of the industry was much higher (Photo: Reuters)

Surajeet Das Gupta New Delhi
Ola Electric, which has been struggling with sales of its electric two-wheelers (e2Ws), has once again managed to grab the top spot in April, the first month of the new financial year 2025-26 (FY26), with its market share reaching 22.4 per cent and registrations hitting 18,485.
 
However, Ola Electric’s lead with its rivals is very narrow — TVS at the number two slot has registrations of 18,205 vehicles (market share 22.06 per cent), and Bajaj Auto at the third slot having 17,743 registrations (21.5 per cent). This is a clear reflection of the fierce competition among the three