In just 5 months, Ola overtakes Hero Electric to become the market leader in electric 2 wheelers in April - ETAuto


5/1/2022 12:00:00 AM3 yearsago
by Sumant Banerji, ET Auto

In the month of April, long time market leader Hero Electric suffered a near 50% drop in sales enabling Bhavish Aggarwal's Ola Electric to surge ahead. With Hero grappling with chip shortage woes, a comeback may be difficult if not impossible while Ola is loo…

Hero Electric indicates that its tally in May would also be constrained, which would act as an advantage to Ola. It has been just five months since Ola entered the electric two wheeler market but la… [+3902 chars]

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