For the 11 months this year (January-November), the cumulative e2W sales of 10,74,008 units (up 37% YoY) make for a 60% share of total EV sales.India saw 29% growth (year-on-year) in electric two-wheeler (e2W) sales in the month of November at 118,924 units, which took cumulative 11-month sales of e2Ws to 1.07 million units.
It was the third best month for the electric two-wheeler industry this year, after October (219,018 units) and March (213,064 units).
The e2W retail sales of 118,924 units accounted for a 62% share of total EV sales at 191,513 units (up 24 per cent YoY).
As per the latest Vahan data, the overall Indian EV industry with 191,513 units accounted for 6% of total automobile retail sales of 32,12,301 or 3.21 million units.
For the 11 months this year (January-November), the cumulative e2W sales of 10,74,008 units (up 37% YoY) make for a 60% share of total EV sales.
In terms of market share, Ola Electric dropped to 24.54% in November. TVS Motor sold 26,971 units in November, up 41% YoY with a market share of 23%.
Bajaj Auto saw 26,163 Chetaks being sold last month, up 121% YoY. Since 10,891 units in January, Bajaj has more than doubled its monthly sales.
Smart e-scooter maker Ather Energy sold 12,741 units in November, up 36% YoY. This gives the company a market share of 11%, compared to 10% a year ago.
Hero MotoCorp registered retail sales of 7,309 units, its second highest monthly numbers this year. The automaker now has 6% market share in the Indian e2W market.
Meanwhile, electric motorcycle maker Revolt Motors saw almost 200% jump in demand for its products. The new RV1 and RV1+ electric bikes, along with the expanded network, appear to have boosted sales. Revolt's November retail sales at 1,994 units (up 197% YoY) were its highest monthly sales yet, taking its January-November total to 8,947 units.
