Greaves Overtakes Ola Electric to Enter Top Five E2W Makers in September
· Automobile · Business Standard
Greaves Electric Mobility has surpassed Ola Electric to break into the top five electric two-wheeler manufacturers in India for the month of September. The shift reflects changing market dynamics in the domestic EV sector as legacy and alternative players scale up production and retail networks. Ola Electric, which previously held a dominant market share, faced increased competition from rivals expanding their product portfolios. Industry figures highlight steady demand for electric two-wheelers across urban and semi-urban markets in India.
Why it matters
The milestone signals intensifying competition among electric two-wheeler manufacturers in India, challenging established market leaders and reshaping retail strategies across the sector.
Read the original report — Business Standard
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