💨 Abstract

Ola Electric, India's leading electric scooter manufacturer, experienced a decline in monthly sales for the second consecutive month in September, dropping to 23,965 units. This marks the fifth straight month of decreasing market share, from over 50% in April to 27% in September. Rivals TVS Motor and Bajaj Auto have been gaining ground, with TVS reporting five consecutive months of market share growth and Bajaj three.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖