Ola Electric slips to 4th spot as EV registrations fall amid fire fears

As customers delay purchasing electric two-wheelers amid fire incidents, Ola Electric again saw its registration dipping in the month of June, taking the company to fourth place in the overall category.

Bhavish Aggarwal-run Ola Electric saw 5,869 electric scooters’ registrations (as of June 30), according to the VAHAN data.

The June tally for EV two-wheelers was led by Okinawa Autotech, at 6,976 vehicles, followed by Ampere Vehicles Pvt Ltd at 6,534.

Hero Electric came third with 6,486 EV 2-W registrations across the country.

Ather Energy moved up from May to reach 3,797 vehicles, along with Revolt that saw a big leap in registrations to reach 2,419 vehicles for June.

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