Ola Electric, once the leader in India’s electric scooter market, is seeing its dominance wane as competition intensifies.
Rivals like TVS Motor and Bajaj Auto have made steady gains, with both companies reporting increased market share for five and three consecutive months, respectively. In September, Ola Electric recorded its lowest monthly sales this year, with 23,965 units sold, marking its second straight month of decline, according to government data. The company’s market share…