Legacy ICE players assert dominance in EV two-wheeler segment

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Legacy ICE players assert dominance in EV two-wheeler segment - Business Standard

Quick Summary:

The churn in the electric sweepstakes has in many ways been led by Bajaj Auto-through a twin strategy of increasing distribution as well as taking on Ola head on in the sub ~1 lakh electric segment where it was not present earlier.

That seems to be showing traction in its share in September to date is up to 14.1 per cent and it has sold over 5,934 vehicles.

In comparison, TVS with 8,798 vehicles (with a market share of 21 per cent) is now in the third spot after ruling as number two for many months.