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EVs account for 3.6 % of two-wheeler gross sales in first half of 2022 | Autocar India

Written by Ravi Kapoor

A complete of two,40,662 electrical two-wheelers have been bought in India between January and June 2022.

If ever proof was required of the rising demand for electrical mobility in India, notably in its most inexpensive kind – electrical two-wheelers – then the retail numbers of first-half of 2022 reveal that fact.

A complete of two,40,662 electrical two-wheelers have been bought between January to June 2022 as per the most recent trade retail gross sales information revealed in FADA president Vinkesh Gulati’s tweet on July 12. With this quantity, e-two-wheelers have contributed to three.6 % of whole two-wheeler gross sales (66,95,434 items) within the first half of calendar 12 months 2022.

Flashback to CY2021 the place of the whole 1,22,58,164 two-wheelers bought within the nation, electrical two-wheelers comprised 1,43,261 items, or 1.16 % of general gross sales. Clearly, six months on, the extent of EV contribution to general two-wheeler gross sales has grown three-fold, or by 210 % to be particular. This features significance because it exhibits that client confidence in electrical two-wheelers – regardless of incidents of e-scooters catching fireplace – stays robust.  

Okinawa, Hero Electrical paved the way 

Within the first half of 2022, the highest 5 producers have collectively bought 1,82,936 items, or 76 % of the whole e-two-wheelers gross sales. Okinawa Autotech is main the way in which with whole gross sales of 47,121 items, with its greatest gross sales in April 2022 (11,012 items). This January-June efficiency has bettered the corporate’s CY2021 whole gross sales of 29,945 items. 

At No. 2 is Hero Electrical – the CY2021 market chief with 46,260 items – which has seen 44,084 of its e-scooters go house to new patrons and is at present solely 3,037 items behind Okinawa. Hero Electrical notched the very best month-to-month gross sales within the first half of the 12 months in March – 13,028 items. In July, it started manufacturing and rollout of its Optima and NYX e-scooters from Mahindra Group’s plant in Pithampur, Madhya Pradesh.

In third place is Ola Electrical with 41,994 items. The corporate noticed good gross sales traction, notably in March (9,140) and April (12,703), however since then numbers have fallen to five,883 items in June. Ampere Automobiles, at No. 4, is having a superb run provided that it has bought 33,785 items within the first six months of 2022, which is a 170 % progress over the 12,470 items it bought in all of 2021.

Bangalore-based Ather Power, which completed fifth, has proven robust and constant gross sales. Actually, there may be month-on-month progress throughout the primary six months of 2022, with its 15,952 items gross sales being one e-scooter greater than its CY2021 whole. 

In the meantime, ICE majors Bajaj Auto and TVS Motor, which have diversified into e-mobility with the Chetak and iQube respectively, are clocking respectable numbers too. TVS clocked 8,670 items and Bajaj has 7,394 items to its credit score.

About the author

Ravi Kapoor