Okinawa Autotech pips Ola Electric to become No 1 E2W brand, Auto News, ET Auto

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 In May 2021, Okinawa Autotech sold just 217 units of its electric two-wheeler.
In May 2021, Okinawa Autotech sold just 217 units of its electric two-wheeler.

Despite the incidents of fire, electric two-wheeler manufacturer Okinawa Autotech has overtaken Ola Electric to become India’s top electric two-wheeler brand.

According to the Federation of Automobile Dealers Associations (FADA), Okinawa Autotech sold the highest total of 9,309 units. Meanwhile, Ola Electric sold 9,225 units last month.

In May 2021, Okinawa Autotech sold just 217 units of its electric two-wheeler.

The company is aiming to grow its electric vehicle business aggressively, having recently announced an investment of INR 1,200-1,500 crore in e-two-wheelers over the next two years.

Recently, a report said that Okinawa Autotech recalled 3,215 units of its ‘Praise Pro’ scooters to fix “any issue” related to batteries.

Meanwhile, as fires and explosions were seen in electric two-wheelers, a report said that the government is all set to introduce EV battery standards (BIS standards) for EV two-wheelers that will be expanded to four-wheelers at a later stage.

The BIS standards for EV batteries will look into “size, connectors, specification and minimum quality of cells, the battery’s capacity”.

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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 looking to build on the momentum.

EV sales of two-wheelers increased by 19X in the last year, the data showed.



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