TIWN
New Delhi, July 2 (TIWN) As customers delay purchasing electric two-wheelers amid fire incidents, Ola Electric again saw its registration dipping in the month of June, taking the company to fourth place in the overall category.
When it came to cell shortages in June, Ola Electric said they were prepared for supply chain constraints to have an impact. Okinawa Autotech had the most EV two-wheelers in June, with 6,976 units, followed by Ampere Vehicles Pvt Ltd with 6,534 vehicles. Third is the Hero Electric, which has 6,486 EV 2-W registrations in the country. In June, Ather Energy registered 3,797 automobiles, while Revolt experienced a significant increase in registrations to 2,419 vehicles. Okinawa had sold 9,302 electric scooters in May and Ola Electric delivered 9,225 units of the S1 Pro electric scooter. "We calibrated our business priority for the month to focus on bettering our customer service and brought our TAT (turnaround time) to within 48 hours. Come July, we are confident that supply chain issues will start fading out and our strong order book will be fulfilled," the company said in a statement. Experts believe that new customers' fear of fires, battery explosions, and regulatory investigations into battery defects is to blame for a steady decline in the number of EV 2-W registrations.
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