A complete of two,40,662 electrical two-wheelers have been offered in India between January and June 2022.
If ever proof was required of the rising demand for electrical mobility in India, significantly in its most reasonably priced kind – electrical two-wheelers – then the retail numbers of first-half of 2022 reveal that reality.
A complete of two,40,662 electrical two-wheelers have been offered between January to June 2022 as per the newest business 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 p.c of complete two-wheeler gross sales (66,95,434 models) within the first half of calendar yr 2022.
Flashback to CY2021 the place of the whole 1,22,58,164 two-wheelers offered within the nation, electrical two-wheelers comprised 1,43,261 models, or 1.16 p.c of total gross sales. Clearly, six months on, the extent of EV contribution to total two-wheeler gross sales has grown three-fold, or by 210 p.c to be particular. This features significance because it exhibits that client confidence in electrical two-wheelers – regardless of incidents of e-scooters catching hearth – stays robust.
Okinawa, Hero Electrical paved the way
Within the first half of 2022, the highest 5 producers have collectively offered 1,82,936 models, or 76 p.c of the whole e-two-wheelers gross sales. Okinawa Autotech is main the way in which with complete gross sales of 47,121 models, with its finest gross sales in April 2022 (11,012 models). This January-June efficiency has bettered the corporate’s CY2021 complete gross sales of 29,945 models.
At No. 2 is Hero Electrical – the CY2021 market chief with 46,260 models – which has seen 44,084 of its e-scooters go house to new consumers and is presently solely 3,037 models behind Okinawa. Hero Electrical notched the very best month-to-month gross sales within the first half of the yr in March – 13,028 models. In July, it started manufacturing and rollout of its Optima and NYX e-scooters from Mahindra Group’s plant in PithampurMadhya Pradesh.
In third place is Ola Electrical with 41,994 models. The corporate noticed good gross sales traction, significantly in March (9,140) and April (12,703), however since then numbers have fallen to five,883 models in June. Ampere Autos, at No. 4, is having run on condition that it has offered 33,785 models within the first six months of 2022, which is a 170 p.c development over the 12,470 models it offered in all of 2021.
Bangalore-based Ather Vitality, which completed fifth, has proven robust and constant gross sales. In reality, there may be month-on-month development throughout the primary six months of 2022, with its 15,952 models gross sales being one e-scooter greater than its CY2021 complete.
In the meantime, ICE majors Bajaj Auto and TVS Motor, which have diversified into e-mobility with the Chetak and iQube respectively, are clocking first rate numbers too. TVS clocked 8,670 models and Bajaj has 7,394 models to its credit score.