there is one clear leader in the electric two wheeler space in India, it is
Okinawa Autotech. According to retail sales data released by the Federation of
Automobile Dealer Associations (FADA) for the month of May 2022, it is clearly
indicated that the crown goes to Okinawa Autotech.
Electric which has been in the business of manufacturing electric two wheelers
has been left behind in the race for supremacy. And mind you, this is not a
flash in the pan for Okinawa Autotech. While in May 2022 it sold 9303 units,
its closest rival was Ola at 9225 units. Hero Electric was a distant 7th
with sales of a mere 2850 units.
OKINAWA AUTOTECH PVT LTD
OLA ELECTRIC TECHNOLOGIES PVT LTD
AMPERE VEHICLES PRIVATE LIMITED
ATHER ENERGY PVT LTD
HERO ELECTRIC VEHICLES PVT. LTD
REVOLT INTELLICORP PVT LTD
PUR ENERGY PVT LTD
Others including EV
Source: FADA Research
The above numbers do not have figures from AP, MP, LD
& TS as they are not yet on Vahan 4. However, for May’ 2022 Numbers Andhra
Pradesh Data has been covered.
Vehicle Retail Data has been collated as on 04.06.22 in
collaboration with Ministry of Road Transport & Highways, Government of
Indiaand has been gathered from 1,481 out of 1,616 RTOs.
Others include OEMs accounting less than 0.1% Market Share.
check out what the scenario was in the earlier months. In April 2022, according
to FADA, Okinawa Autotech sold 11,012 units followed by Hero Electric with 6572
units and Ampere Vehicles with 6539 units.
March 2022, Okinawa was a distant third with 8284 units in retail sales. The
number one slot went to Hero Electric with 13023 units and Ola coming second
with 9121 units. In Feb 2022, it was Hero Electric with 7356 units followed by
Okinawa with 5923 units. Ampere came in third with 4303 units of retail
sales. The calendar year 2022 began with
Jero Electric maintaining the numero uno position with 7763 units of retail
sales followed by Okinawa with 5613 units. Now it is to be seen as to how long
Okinawa will be able to retain its numero uno position.
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