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|
|bajaj chetak||2517 units||-3.42|
|Okay EV||1231 units||-4.80|
|kinetic green||815 units||-20.57|
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.