Ola Electric slips to fourth spot as EV registrations fall amid fire fears: View details

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Ola Electric saw its re-registration in the month of June due to delays in buying electric two-wheelers by customers amid fire incidents, taking the company to the fourth position in the overall category.

According to VAHAN data, Bhavish Agarwal-run Ola Electric saw registration of 5,869 electric scooters (as of June 30). The June tally for EV two-wheelers was led by Okinawa Autotech with 6,976 vehicles, followed by Ampere Vehicles Pvt Ltd at 6,534.

Hero Electric The EV 2-W finished third with 6,486 EV registrations across the country. Ather Energy increased from May to 3,797 vehicles, with Revolt seeing a huge jump in registrations to reach 2,419 vehicles in June.

Ola Electric was the country’s top electric vehicle company in April and has seen a steady decline in its position since then. Ola’s registration numbers have dropped by over 30 per cent on June 30 as compared to May 30.

Okinawa In May, 9,302 electric scooters were sold and Ola Electric delivered 9,225 units of the S1 Pro electric scooter. According to Ola Electric, they were ready to see the impact of supply chain bottlenecks, especially on cell shortage in June.

“We calibrated our business priority for the month to focus on improving our customer service and bring our TAT (Turnaround Time) to within 48 hours. Come July, we are confident that supply chain issues will begin to fade and our strong order book will be fulfilled,” the company said in a statement.

However, industry experts believe that the steady decline in EV2-W registration numbers is due to fears of new buyers amid rising incidents of fire, battery explosions and government probes that have detected battery malfunctions. An expert committee constituted by the Union Ministry of Road Transport and Highways has found loopholes in the safety system in the batteries of electric two-wheelers.

According to preliminary reports, instead of ramping up production and ensuring the safety of the riders, electric two-wheeler manufacturers took shortcuts to meet the growing demand.

The expert committee found that EV manufacturers did not offer a mechanism to identify cell overheating and isolate failed battery cells. The Defense Research and Development Organization (DRDO), which was earlier tasked by the Ministry of Road Transport and Highways to probe into incidents of fire in electric two-wheelers, also found serious defects in EV two-wheeler batteries.

The DRDO investigation revealed that these defects occurred because electric two-wheeler manufacturers such as Okinawa Autotech, Pure EV, Jitendra Electric Vehicles, Ola Electric and Boom Motors used “low-grade materials to cut costs”. It is possible

The Bureau of Indian Standards (BIS) has now released new performance benchmarks for lithium-ion batteries to protect consumers amid rising number of fire incidents in electric vehicles in the country.

(IANS)

Ola Electric slips to fourth spot as EV registrations drop amid fire fears: Check details first appeared on BGR India.



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