February turned out to be an electrifying month as we witnessed a significant increase in EV growth across all sectors. Although we welcomed some new faces to the top player’s list, unfortunately, we had to say goodbye to a few. Without further ado, let’s dig into the numbers and reveal the top ten electric two-wheeler players for February 2023.
With an impressive sales figure of 65,623 electric two-wheelers sold in February, a growth rate of 2.21% was observed compared to the previous month’s figure of 64,203. So, hold on to your seats as we take a closer look at the players who rose to the top in the exciting and dynamic world of electric two-wheelers.
Top 10 electric scooter players in India
| organization name’s | Electric vehicle sales in February 2023 | MOM growth (%) |
| electric wave | 17616 units | -3.58 |
| TVS iQube | 12568 units | 21.10 |
| ather energy | 9959 units | 8.40 |
| electric hero | 5855 units | -9.32 |
| Amp | 5835 units | 31.89 |
| bajaj chetak | 2517 units | -3.42 |
| Okinawa | 3840 units | -13.77 |
| Okay EV | 1231 units | -4.80 |
| kinetic green | 815 units | -20.57 |
| Bgauss | 667 units | -6.58 |
Electric bike players in India
| organization name’s | Sales of electric vehicles in January 2023 | Electric vehicle sales in February 2023 | MOM growth (%) |
| revolt engines | 14 units | 64 units | 357.14 |
| Tork Engines | 62 units | 17 units | -72.58 |
New releases in the month of February 2023
We saw four new electric two-wheeler launches in the month of February 2023.
- Ola S1 Air: Ola’s coming out with a new electric vehicle and a new battery capacity has shown the public that they are here to lead the market.
- Okaya Faast F3 and F2F Electric Scooter: Okaya secured the 8th position this month and by adding two more electric scooters to their portfolio, they are giving the other EV players some tough competition.
- River Indie: – A brand new company stepped foot in the EV space and brought a host of additional features and new pricing to the market.
