Ola Electric's market share in the EV 2W market decreased to 24%, from 30% in October. TVS Motor boosted its market share to 23% in Nov from 21.5% in Oct

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In November, electric two-wheeler manufacturers reported a decrease in monthly vehicle registrations following a Christmas season spike

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According to Vahan data from November 30, total registrations decreased by over 18% month on month to 1.14 lakh units. YoY, registrations increased by 23.5%

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In November, Ola Electric registered nearly the same number of units as in August, totalling 27,613

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Last month's registrations exceeded September's total of 24,736 units

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Despite a 13% decrease in sales volume, TVS Motor nearly matched Ola Electric's registration figures last month

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In November, the legacy automotive player TVS Motor registered 26,036 e-scooters

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Bajaj Auto registered 24,978 vehicles in November, continuing to compete with Ola Electric

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In November, Bajaj had the second-highest monthly car registrations, accounting for about 22% of the market, despite a 12% decrease in monthly sales

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There were 1.67 lakh EV registrations across categories in November,, a 30% increase from the previous year

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