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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)
3 min read Last Updated : Apr 30 2025 | 10:36 PM IST
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