EV Sales Report (March 2025): Bajaj Leads the Pack
The Indian electric vehicle (EV) market saw significant movement in March 2025, with Bajaj leading the two-wheeler EV sales, followed by TVS and Ola. However, Ola’s reported sales figures have come under scrutiny due to discrepancies with official registration data.
March 2025 EV Sales Leaders:
- Bajaj: 16,245 units
- TVS: 13,864 units
- Ola: 13,773 units (discrepancies under review)
Ola Showroom Closures: Compliance Issues Surface
In a major setback for Ola Electric, showrooms in four states have been shut down due to the lack of proper trade licenses. To circumvent this issue, Ola has started handling vehicle registrations internally. While this move may help streamline sales, the company faces increased scrutiny from authorities and potential legal hurdles.
Simple Energy Update: New Model Launched
Simple Energy has refreshed its lineup by introducing the Simple 1 S, which replaces the discontinued Simple Dot 1. The new model boasts:
- Battery Capacity: 3.7 kWh
- Range: 181 km per charge
- Price: ₹1.4 lakh
This launch strengthens Simple Energy’s presence in the growing mid-range electric scooter segment.
Hero MotoCorp Invests in Uler
Hero MotoCorp has made a significant investment of ₹525 crore in Uler, a Delhi-based electric three-wheeler manufacturer, acquiring a 32.5% stake. This move highlights Hero’s strategic expansion into the three-wheeler EV market, aligning with the industry’s shift towards sustainable transportation.
Raptor Electric Motorcycle: India’s Fast-Charging Revolution
Chennai-based Raptor has launched the Raptor T30, India’s first electric motorcycle featuring CCS Type-2 DC fast charging. Key features include:
- Range: 150 km per charge
- Price: ₹2.39 lakh
- Charging Technology: CCS Type-2 DC fast charging
Raptor T30 Pre-Bookings & Rollout
With over 8,000 pre-bookings, Raptor is set to deliver its initial batch in Chennai and Bengaluru. This strong demand indicates a growing market for high-performance electric motorcycles in India.
BYD’s Game-Changing Super E Platform
BYD has introduced a groundbreaking 1,000 kW DC fast-charging platform, which allows EVs to charge in just 5 minutes for a 400 km range.
BYD vs. Tesla: The Charging Tech Race
Currently, Tesla offers a 500 kW charging system, but BYD’s latest innovation doubles this capacity. The key advancements include:
- Improved battery cooling technology
- High-voltage power components
BYD’s Expansion & Market Strategy
BYD plans to install 400 ultra-fast charging stations across China and implement this technology in its premium EV models. However, due to cost considerations and market conditions, BYD is unlikely to introduce this ultra-fast charging technology in India anytime soon.
