Tech
From first to fifth: Ola Electric loses ground as two-wheeler EV race heats up
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Ola Electric, once the leader of the electric two-wheeler (e2W) pack, slipped to fifth place in November as Hero Motocorp’s brand Vida overtook it in monthly sales.
The Bengaluru-based company led by Bhavish Aggarwal sold 8,254 scooters during the month, capturing 7.4% of the market, a steep decline from over 25% share in the same period last year, according to data from the government-run Vahan portal. The decline comes amid regulatory scrutiny, operational setbacks, and intensifying competition faced by the company.
Hero MotoCorp, now among the top…
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