- Hero Electric,
Ola and Okinawa have reported a substantial decrease in sales in May 2022. - Hero Electric has reported the highest decrease in sales in May.
Ather on the other hand has reported a 26% increase in sales.
While rising $4 have been pushing more and more people to shift to an electric scooter, the recent incidents have had an adverse effect on sales, with Ola and Hero Electric reporting a decline of up to 50% in May.
Hero Electric reported a huge decline in sales in May. The sales of Hero Electric have come down from 6,578 units in April to 2,739 in May, a decrease of over 58% month-on-month.
Ola Electric has reported a decline of over 30% in May. The company sold 8,681 scooters in May, compared to sales of 12,702 in April. While the company has reported a huge decline, it still dominates the electric scooter segment.
Okinawa and Ampere have also reported a decline in May. While Okinawa has reported a decline of 19.28%, Ampere has reported a decline of 15.46% in May.
At a time when other companies have reported a decline, Ather has reported a substantial increase in sales. The sales of Ather scooters have increased from 2,450 in April to 3,098 in May, a 26.45% increase.
While there have been no incidents involving Ather so far, a fire was $4 at the company’s Chennai centre. The company has claimed that the incident is “extremely rare” and is unlikely to occur again.
The government is currently $4 the cause of electric fires in the scooters and is expected to announce a new policy to ensure a better quality of batteries and scooters.
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Ather 450X, TVS iQube ST, Ola S1 Pro and other electric scooters to buy in India in 2022>$4