Hero Electric: The year 2021 to 2022 has proved to be very good for the electronic vehicle segment in India. Electronic two wheelers are the best in the segment as per the latest sales figures. Whereas most of the vehicles are such that are left behind. According to the report of the Society of Manufacturers of Electric Vehicles, the maximum two-wheeler sales have been done in the month of August. The overall electric two vehicle segment continues to gain momentum. Total sales stood at 50,076 units, up 237 per cent year-on-year. Whereas month-on-month is 13% higher than 44,430 electric vehicles sold in July.
Hero Electric Vehicle at number one
Hero Electric has the first place in electric vehicle sales. Hero Electric has secured the pole position with total sales of 10,206 units in the month of August. Whereas other major companies like Ampere and TVS show promising growth graph in terms of sales year on year. The same Ampere vehicle came third with 6,396 units in the month of August keeping in view only 1% and growth. This is followed by EVs at the fourth position with 6,319 units last month.
Bajaj Auto and TVS Motors
TVS Motors sales grew 865% year-on-year to 6,282 units as against 651 units last year. The company’s M-O-M has grown by 46% as compared to 4290 units in the month of July. After this, talking about Bajaj Auto, Bajaj Auto has moved ahead with a growth of 225 percent on an annual basis. The company sold 2554 units in the month of August. Whereas in the same month last year, the company sold 796 units.
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Bajaj Auto sales up 5%
Bajaj Auto’s sales in Mahindra business grew 5% to 2,437 units as against 2437 units last month. Meanwhile, Ola Electric has been in a better position in the market after a steady decline in sales over the past few months. The company sold 3221 units in the month of August. In the same month of July, the company had sent 3862 units. Which is 11% less.
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