Here Are The October Sales Figures For The TVS iQube, Ather And Okinawa E-scooters

Nov 3, 2022
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EVs are becoming more popular and their rising sales figures back it up

There is no doubt that EVs are more popular today than they were one year ago. Take the TVS iQube for example: Last October (2021) it recorded a sale of mere 395 units, despite being a TVS product. Fast-forward to 2022 and it’s posting a monthly sale of 8,103 units. Yes the traction and trajectory isn’t astronomical when compared to say a newly launched, conventional TVS scooter or motorcycle, but for tech that’s proposing a new outlook towards mobility, the growth is promising.

Similar is the case with Ather Energy and Okinawa. Granted, both brands have been in the EV business for a little while longer than TVS, but if you take that factor out of the equation, the growing acceptance for EVs, despite their current challenges, becomes prominent. Here is a quick look at the October 2022 sales report for - Ather Energy, TVS’ iQube and Okinawa e-scooters.

Number of units sold in the month of October 2022:

Ather Energy	TVS iQube	Okinawa Autotech
8,213	8,103	17,531

Ather’s top brass recently highlighted that the EV space is on a slow yet gradual rise. Keeping to that growing demand, it will set up a new production facility. Yes, last month Ather sold more units (8,862) than it did this month, but the numbers have been growing considerably since August with 6,441 units sold as per the August SIAM report.

It’s been a good month for TVS, with sales for the iQube almost doubling since August (4418 units) and September (4923 units) as per the SIAM report. However, the real surprise here is Okinawa which has posted a personal best of 17,531 units sold in October.

It comes as a surprise because Okinawa currently faces a government investigation over localisation of its e-scooters and has its FAME-II subsidies currently suspended. Sure, a large chunk of its sales come from their low-speed products, which don't qualify for FAME II anyway, still, despite the hurdles, managing a sales figure of 17 thousand units is no small feat.