The electric scooter market in India is buzzing with activity, witnessing a surge in sales. October 2023 saw a remarkable growth of 19.2% in electric vehicle sales, reaching a total of 71,604 units. Here’s a closer look at the top 5 performers:
Top 5 Best-Selling Electric Scooters in October 2023
- Ola
- TVS iQube
- Bajaj Chetak
- Ather
- Greaves Electric
1. Ola:
- October Sales: 22,284 units
- MoM Growth: 19.2%
Ola, a prominent player, took the lead in October with robust sales, showcasing a positive trajectory from the previous month.
2. TVS iQube:
- October Sales: 15,603 units
- MoM Growth: 0.1%
TVS, known for its innovation, secured the second spot with the iQube. Despite marginal growth, it remains a steady performer.
3. Bajaj Chetak:
- October Sales: 8,430 units
- MoM Growth: 18.7%
Bajaj’s Chetak, the sole electric offering, marked a growth of 18.7%, reinforcing its position in the market.
4. Ather:
- October Sales: 8,027 units
- MoM Growth: 12.2%
Ather, a notable EV startup, claimed the fourth spot, sustaining its success with a 12.2% month-on-month growth.
5. Greaves Electric:
- October Sales: 4,019 units
- MoM Growth: 11.2%
Greaves Electric rounded off the top 5, exhibiting substantial growth and contributing to the dynamic electric scooter landscape.
The surge in sales reflects the increasing acceptance of electric scooters in India, driven by a combination of established players and emerging startups in the EV segment. As the market continues to evolve, these numbers hint at a promising future for electric two-wheelers in the country.
