Electric Two-WHEELER Market Gets New First Rank Holder, TVS Motor Sells Most Units

Sales of electric two-wheelers have increased rapidly in the last few years in the country. In this market, sales have increased by about 40 percent to 91,791 units on a year-by-year basis in April. In this, TVS Motor has secured a leading position in sales for the first time. Ola Electric is ranked second in this segment. A media Report In the vehicle portal, it has been quoted by sales data that in April, the sales of TVS Motor have the highest 19,736 units. Ola Electric has finished second with sales of 19,709 units. Bajaj Auto is third and Ather Energy has been ranked fourth. The new electric vehicle policy recently announced in Maharashtra can increase sales in this market. In the last financial year, Uttar Pradesh had the highest number of electric two-wheelers. Maharashtra was second in this market.

Bajaj Auto has suffered a major setback in this market. The company secured first place in March with the sale of 34,863 units of Chetak Electric Scooter. Bajaj Auto extended the range of Chetak Electric Scooters at the end of last month. The company launched Chetak 3503. The design of the new electric scooter is kept similar to the previous version. This is the most affordable electric scooter of Bajaj Auto. Recently the company introduced the Chetak 35 series.

The price of Chetak 3501 in Chetak 35 Series is the highest of about 1.3 lakh rupees (ex-showroom). After this, the price of Chetak 3502 is about 1.22 lakh rupees and the new Chetak 3503 is about 1.10 lakh rupees (ex-showroom). The new electric scooter of Bajaj Auto will compete with Ola Electric’s S1X+ and IQUBE 3.4 of TVS Motor. This electric scooter has the same design as Chetak 35 series and a battery pack of 3.5 kwh. The range of its single charge is about 151 kilometers. Its top speed is about 63 kmph. In order to keep the price of Chetak 3503 affordable, some features have been reduced. This electric scooter has features such as LCD clusters, Eco and Sports Ride Modes and LED headlights with Bluetooth.