India EV two-wheeler sales rebound to 150,796 units in May; TVS leads, Ola slips to fifth
Electric scooter registrations recovered to ~150,796 units in May after April's 22% MoM drop, though still below March's 192,000 peak. TVS (41,558) and Bajaj (38,012) overtook Ather (27,525), Hero (18,261) and Ola (14,752). Ola is pivoting to B2B, targeting gig riders for Zomato, Swiggy, Zepto and Blinkit.
India's electric two-wheeler registrations rebounded to ~150,796 units in May after April's 22% drop. TVS led, followed by Bajaj, Ather, Hero and Ola. Ola plans B2B entry targeting gig delivery workers serving Zomato, Swiggy, Zepto, Blinkit.
Why this matters
Ola's fifth-place finish contrasts with its recent ARAI nod for a commercial e-scooter and gig-mobility reboot, underscoring why the B2B pivot toward delivery fleets has become strategically urgent.
Retail-brand signals steady at 778 over the past 90 days.