Cross
whatsappicon

Get the latest updates on new bike models, special offers, and exciting news.

Join Channel

Rundown of How Top 5 EV Manufacturers Performed in February 2023!

CalenderPublished at March 9, 2023 by BikeJunction
Rundown of How Top 5 EV Manufacturers Performed in February 2023!

In February 2023, 3 market leading manufacturers - Ola Electric, TVS Motor, and Ather Energy reported a 5 figure sales number. Let’s have a closer look at how all the top 5 major EV manufacturers performed in terms of sales in February 2023. 

February 2023 Electric 2-Wheeler Sales Figures 
ManufacturerSales Units
Ola Electric17,667 units
TVS Motor12,573 units
Ather Energy10,013 units
Ampere5,842 units
Hero Electric5,861 units
Okinawa AutoTech3,842 units
Chetak Technology1,314 units

Ola Electric: 17,667 units

Ola Electric reported a total sales of 17,667 units, the second-best monthly sales this year after January’s 18,282 units sales. The company takes about 27% market share in the EV sector for February 2023. Ola is already leading the ranking this month, and given the sales figures of 1,29,866 in the first 11 months of FY2023, it will be the market leader this fiscal year. 

TVS: 12,573 units

TVS Motor took the second position for the second time with a market share of 19%. The company has shown a consistent improvement in its market performance, MoM and February 2023 with 12,573 units. In January, the company saw a 10,423 unit rise in sales units as opposed to the previous month. 

Ather Energy: 10,013 units

Ather Energy bags the 3rd position, with 10,013 units sold in February 2023, making the  best retail number since its launch. Ather also reported a massive growth in sales of 12,147 units this month. This Bengaluru-based start-up company has also seen quite an improvement in its performance, with 63,963 units sold since 11 months of FY2023

Ampere: 5,842 units

Ampere saw a retail sale of 5,842 units in February 2023, taking 4th place on the list. And for 11 months of FY2023, the company has witnessed a total sales of 74,932 units. The company also launched its new Primus E-scooter and an updated version of Zeal EX in the market recently. 

Okinawa Autotech: 3,842 units

Okinawa Autotech recently had its FAME-II subsidy revoked, which has resulted in its sales declining. As a result, the company registered 3,842 units in February 2023, down from 4,404 units in January 2022. As a result, cumulative sales of Okinawa for FY2023 stood at 89,785 units.

Chetak Technology: 1,314 units

Bajaj Auto sales units were reported to be at 1,314 units for its Chetak Electric scooter in February 2023, down from 2,615 units in January.  The company recently lowered its prices and increased the range with its newly launched Chetak variant, which should help increase its e-scooter sales in the future. 

Also, read about the Two-Wheeler Sales Report in February 2023, where we reviewed the Sales of 5 Major Brands in India!

Are you searching for a new bike? Explore bikejunction & compare your choice of bike, we will help you out with a bike loan. Select your bike according to category and other specifications on Bike Junction with just one click. Follow our news section or Social Media handles to get the latest news & updates related to the bike industry in India.

Follow us for Latest Bike Industry Updates
Facebook  - https://bit.ly/BikeJunction_offl_fb
Instagram -  https://bit.ly/BikeJunction_ofl_insta
Twitter - https://bit.ly/BikeJunction_ofl_twitter
Youtube    -  https://bit.ly/BikeJunctionYUT

Previous

Next

Top News

Best Bikes

Royal Enfield Bullet 350
Royal Enfield Bullet 350
₹ 1.74 - 2.16 Lakh
Mileage37 KmplDisplacement349CC
TVS Raider 125
TVS Raider 125
₹ 84,869 - 1.04 Lakh
Mileage67 KmplDisplacement124.8CC
TVS Apache RTR 310
TVS Apache RTR 310
₹ 2.50 - 3.10 Lakh
Mileage35 KmplDisplacement312.12CC
Harley Davidson X440
Harley Davidson X440
₹ 2.40 - 2.79 Lakh
Mileage35 KmplDisplacement440CC
View AllView Allicon

Check On-Road Price

icon-left
icon-left
icon-left

Upcoming bike models

Launching Soon
Suzuki GSX-8S
Suzuki GSX-8S
₹ 10 - 11 Lakh
Mileage23.8 KmplDisplacement776CC
Launching Soon
Yamaha XSR 155
Yamaha XSR 155
₹ 1.36 Lakh
Mileage48.58 KmplDisplacement155CC
Launching Soon
Husqvarna Norden 901
Husqvarna Norden 901
₹ 12 Lakh
Mileage20 KmplDisplacement889CC
Launching Soon
Kawasaki Z900 RS Cafe Racer
Kawasaki Z900 RS Cafe Racer
₹ 10.80 Lakh
Mileage18.86 KmplDisplacement948CC
View AllView Allicon
  • Home
  • News
  • Rundown Of How Top 5 Ev Manufacturers Performed In February 2023