Ola Electric Drops from Top Five in February Electric Two-Wheeler Sales

Ola Electric has fallen out of the top five in India's electric two-wheeler market in February, selling 3,968 units and capturing around 3.7-4% market share, overtaken by Greaves Electric Mobility's 4,725 units. Ola is reducing its retail outlets amid operational challenges and lower sales, while TVS Motor Company retained market leadership with over 28% share. The overall electric two-wheeler market saw a month-on-month decline but a year-on-year increase in sales.