CleanTech

China’s Curbs Hit Bajaj In Aug, Ola Electric Reclaims Second Spot

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SUMMARY

TVS Motor continued to hold on to the top spot, with its registrations jumping 7.5% MoM to 24,087 units in August

With Bajaj Auto slipping to the fifth position, Ola Electric and Ather Energy took the second and third spots, respectively, in terms of E2W registrations

Total E2W registrations remained nearly flat at 1.04 Lakh units in August as against 1.03 Lakh units in July

With the shortage of rare earth magnet taking a toll on Bajaj Auto, the electric two-wheeler (E2W) leaderboard saw a major reshuffle in August…

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