TVS Retains Top Spot In May, Bajaj Zooms Past Ola Electric

Electric two-wheeler (E2W) registrations grew 4% MoM and 24% YoY to 96,114 units in May

While legacy automotive players TVS Motor and Bajaj Auto recorded an increase in escooter registrations, Ola Electric and Ather Energy saw a decline

Overall, EV registrations across segments, rose 5% to 1.87 Lakh units last month from 1.78 Lakh units in April

Legacy automotive player TVS Motor held its ground against rivals Bajaj Auto and Ola Electric in India’s electric two-wheeler market (E2W) in May, with registrations of…