Electric two-wheeler (E2W) sales volume in India rose 17 per cent year-on-year in December as electrification improved after a recent hiatus, a report showed on Wednesday.In the E2W space, Ola Electric (Ola) remained the market leader by volume and gained market share, reaching 40 per cent.
Ola gained the most market share, followed by Bajaj Auto while TVS Motor lost the most, according to BNP Paribas India EV report.
“Improvement in Ola’s market share was largely driven by the company’s aggressive marketing campaign ‘December to Remember’, under which it offered aggressive discounts to customers and also reduced prices of its products,” the report mentioned.
Saietta Group plc (LON:SED) is a multi-national business which designs, engineers and manufactures complete Light Duty and Heavy Duty electric drive (eDrive) systems for electric vehicles on land from scooters to buses (vehicle categories L, M, N and T) as well as marine applications.