India, June 3 -- Legacy Giants Race Ahead In E2W Race

Ola Electric can't seem to catch a break. A few days after the Bhavish Aggarwal-led EV maker posted dreadful Q4 FY25 results, data for the month of May suggests that it has lost its second spot to Bajaj Auto in the electric two-wheeler (E2W) market.

Overall, E2W registrations across the country grew a modest 4% to 96,114 units in May from 92,387 units in April. On a yearly basis, May's registrations were up over 24%.

Who's The Winner & Who's The Whiner?

TVS registered 23,704 units in May, up nearly 19% MoM

The sale of Bajaj Chetak escooters shot up 8% MoM to 20,756 units

Hero MotoCorp's Vida brand shot up over 9% MoM to 6,724 units

Ola Electric's registrations declined over 9% M...