Archive · 28 May 2025
Ola Electric Falls to Third in India's EV Two-Wheeler Market
Ola Electric, a company that makes electric scooters, is now in third place in the market.
They aren't selling as many scooters as before, and their share of the market is going down.
Other companies like TVS and Bajaj are selling more.
Ola Electric is also having some problems, like how they report their sales and the quality of their scooters.
They're trying to get money by borrowing and are launching new products, but they're still facing challenges.
Ola Electric dropped to third in India's EV two-wheeler market in May.
TVS Motor and Bajaj Auto gained market share.
Ola Electric's sales fell significantly, registrations down 60% from May 2024.
The company is facing regulatory scrutiny.
Ola Electric is dealing with sales reporting, quality concerns, and after-sales service issues.
- Who
- Ola Electric, TVS Motor, Bajaj Auto, Ather Energy
- What
- Ola Electric's market share declined in the EV two-wheeler market.
- When
- May 2025; Sales data analyzed up to May 26.
- Where
- India's electric two-wheeler market.
- Why
- Ola Electric faces regulatory scrutiny and internal issues, leading to a market share decline.
Ola Electric Challenges
Market Competition
Sales Performance
Ola Electric Challenges
Ola Electric sales significantly declined, missing targets.
Market Competition
TVS Motor and Bajaj Auto increased their market share due to stronger sales.
Financial Health
Ola Electric Challenges
The company's net loss increased significantly year-over-year.
Market Competition
Ola Electric is raising funds through debt to stabilize its finances.
- Ola Electric Market Position
- Third in EV Market
- Ola Electric Market Share
- 20% (May 1-26)
- TVS Motor Market Share
- 25%
- Bajaj Auto Market Share
- 22.6%
- Ola Electric Share Price (May 28, 2025)
- Rs 52.49
- Funds to be raised through debt
- Rs 1,700 crore
- Year-on-year net loss increase (October-December 2024)
- 50%