Regardless of registering its best-ever month-to-month gross sales figures, Ather doesn’t determine within the high Three for August.
Whereas July was a carefully fought battle between Hero Electrical and Okinawa within the electrical two-wheeler area, August noticed the previous take a extra commanding lead, racking up 10,476 new registrations, in comparison with Okinawa’s 8,554 registrations for a similar month. Whereas each corporations noticed new registrations develop over the earlier month, Hero Electrical’s development (17 % over final month’s 8,953) was bigger than that of Okinawa (5.7 % over final month’s 8,094).
As was the case final month, third place went to Ampere, which went barely above its earlier determine, registering 6,396 new autos in August in comparison with 6,313 in July (a slight development of 1.Three %). With its Gen-3 450X now available on the market and its manufacturing capabilities steadily on the rise, Ather had an excellent month in August, with 5,239 new autos registered (up considerably from final month’s 1,283, however that determine is all the way down to the transition from Gen-2 to Gen-3). This allowed it to edge out principal rival Ola Electrical, which registered 3,421 new scooters in August (down from 3,856 in July).
All registration figures on this story are from the central authorities’s VAHAN portal, which doesn’t comprise information for Andhra Pradesh, Telangana and Madhya Pradesh. As per Ather’s personal figures, the corporate offered 6,410 scooters in August, marking its best-ever month-to-month gross sales. Ola, in the meantime, not too long ago re-launched its entry-level S1 e-scooter, which options much less vary and options than its flagship S1 Professional, at a extra reasonably priced worth. The corporate claims 10,000 models of the S1 have been bought to this point, with deliveries slated to start from September 7. It will likely be fascinating to look at how a lot of a lift the brand new mannequin can present.
The TVS iQube has been seeing a gradual uptick in gross sales, and as per figures from the corporate, 4,418 models of the electrical scooter have been offered in August, putting it neatly between the Ather and the Ola. The scooter not too long ago obtained a shake-up to its variant lineup, and a extra reasonably priced beginning worth, which is certain to have helped enhance gross sales figures.
The opposite legacy producer within the electrical two-wheeler area, Bajaj, lagged behind just a little, promoting 2,554 models of the Chetak in August (as per business sources). The Chetak and iQube have traditionally been fairly carefully matched in gross sales figures, however the current revamping of the iQube seems to have given TVS an edge. That is evident in the truth that the corporate solely managed to promote solely 649 iQubes in August final yr, however managed 581 % extra this time round.
The main electrical motorbike producer was Revolt, whose 1,646 registrations for August are significantly decrease (29 % down) than the two,318 it managed final month. One other firm that noticed a decline is Pure EV, which registered 875 autos in August, down from 997 in July. Current entrants Bounce and Tork registered 580 and 60 models respectively, closing matching their figures for the earlier month.
|August 2022 Electrical Two-wheeler Gross sales|
|TVS iQube||4,418 (as per TVS)|
|Bajaj Chetak||2,554 (as per business sources)|