Ola Electric stays third as TVS, Bajaj lead EV two-wheeler race in June

Ola Electric, the erstwhile market leader in India’s electric two-wheeler space, remained in the third position in June. This was its second consecutive month in third place, as legacy rivals TVS Motor and Bajaj Auto continued to lead the segment.

The Bengaluru-based company registered 18,527 units in June, nearly flat compared to 18,541 units in May. Its market share inched up to 19.6% but remained below the 20% threshold for the second month in a row, showed data from the government-run Vahan portal.

In contrast, TVS Motor and Bajaj Auto commanded…