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Ola Electric Slips To 4th Spot As EV Registrations Fall Amid Fire Fears

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 New Delhi 

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. Ola Electric was the top EV player in the country in April and since then, it has seen its position sliding continuously.

Ola’s registration numbers fell by more than 30 per cent on June 30, compared to May 30. Okinawa had sold 9,302 electric scooters in May and Ola Electric delivered 9,225 units of the S1 Pro electric scooter.

According to Ola Electric, they were prepared to see the impact of supply chain constraints, especially on cell shortage in June.  We calibrated our business priority for the month to focus on bettering our customer service and brought our TAT (turnaround time) to within 48 hours. Come July, we are confident that supply chain issues will start fading out and our strong order book will be fulfilled,  the company said in a statement.

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