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Legacy Giants Ahead In EV Race, Udaan’s $114 Mn Round & More

Summary by Inc42 Media
Legacy Giants Race Ahead In E2W Race Ola Electric can’t seem to catch a break. A few days after the Bhavish Aggarwal-led EV maker posted dreadful Q4 FY25 results, data for the month of May suggests that it has lost its second spot to Bajaj Auto in the electric two-wheeler (E2W) market.   Overall, E2W registrations across the country grew a modest 4% to 96,114 units in May from 92,387 units in April. On a yearly basis, May’s registrations were up…
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Inc42 Media broke the news in on Tuesday, June 3, 2025.
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