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  • Ola Electric literally on FIRE ! becomes No.1 E2W brand, beats Hero Electric

    Ola Electric literally on FIRE ! becomes No.1 E2W brand, beats Hero Electric

    Ola Electric is one such company that recently suffered a lot due to its EV fire incidents but surprisingly Ola Electric has overtaken Hero Electric and reached the number one position in sales.

    The company started its journey in December 2021 and has overtaken Hero Electric to reach the top of the Indian electric two-wheeler market in just five months’ time.

    According to the data of the Vahan Portal of the Ministry of Road Transport and Highways, the company sold 12,683 units of electric scooters in the month of April and registered a growth of 39 m-o-m. with 10,000 e-scooters sold in March 2022 this year, Okinawa Autotech backed second place in the list. 

    Highly sold electric scooter – ola becomes no. 1 Brand

    On the other hand, we can see that Hero Electric has registered a 50% drop in sales in the month of April. Hero Electric sold 13,000 electric scooters in March 2022, making Hero Electric the number one in the market, but in April, the number dropped to 6570 units.

    Best electric scooter in India

    One of the reasons for this decline in sales is the shortage of semiconductors, which ultimately affects the overall sales of the company in the month of April. A similar decline is likely to continue in May and the semiconductor crisis is hurting the automobile supply chain.

  • After series of e-scooter fire incidents, Union Minister Gadkari warns ev manufacturers to impose heavy penalty if any company is found with negligence in their process

    After series of e-scooter fire incidents, Union Minister Gadkari warns ev manufacturers to impose heavy penalty if any company is found with negligence in their process

    Post two incidents of e-vehicles catching fire, union minister Nitin Gadkari has warned for heavy financial penalty to ev manufacturer if they are fond with negligence in their manufacturing process. Since then manufactures have rushed to meet senior government officials.

    ola scooter cached fire

    Sources say that last week G.R. Arun Kumar, group Chief Financial Officer (CFO), Ola had also met ministry officials. Union Minister Nitin Gadkari post series of incidents of ev shooters catching fire twitted for seriousness of the issue where some people have lost their life.

    The minister twitted “several mishaps involving electric two-wheelers have come to light in the last two months. It is most unfortunate that some people have lost their lives and several have been injured in these incidents. We have constituted an expert committee to enquire into these incidents and make recommendations on remedial steps.”

    Post this tweet followed by fire incident, Ola recalls 1,441 e-scooters.

    Ola recalls 1,441 e-scooters in the wake of repeated fire incidents

    ev scooter manufacturing company ola has announced to recall 1,441 e-scooters post series of fire incidents. As the company official said, these vehicles shall be re-inspected and shall be thoroughly go through diagnostics across all systems.

    In a statement, Ola said it is investigating a fire incident that happened in Pune on March 26. According to Ola’s preliminary assessment, it was found that the incident was an isolated one.

    “As a pre-emptive measure, we will be conducting a detailed diagnostic and health check of the scooters in that specific batch and therefore are issuing a voluntary recall of 1,441 vehicles,” Ola Electric said in its statement.

    The fire incidents had prompted the government to form a panel (File)

    Ola Electric said its battery systems already comply with and is tested for AIS 156, the latest proposed standard for India, in addition to being compliant with the European standard ECE 136.

    Okinawa Autotech had recalled over 3,000 units, while PureEV did a similar exercise for around 2,000 units

    The fire incidents had prompted the government to form a panel to examine and had warned companies of penalties if they were found to be negligent.