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The prolonged shortage of rare earth magnets that disrupted electric vehicle production has led to a reshuffle in the market ranking of two-wheeler makers, although TVS Motor held on to its lead.
Bengaluru-based Ather Energy, which went public in May, has overtaken Ola Electric in monthly sales volumes, while Bajaj Auto slipped to fifth, according to information from the Vahan portal.
In the first 27 days of August, Ola Electric sold 13,688 vehicles for a 17.3% market share, holding on to third position. Ather Energy moved up to the second in electric…
