
Ather Energy narrows gap with Ola Electric as EV sales decline amid rare earth magnet crunch
Ola Electric’s shift from chasing growth to focusing on profitability has come at a cost. Its market share in the electric two-wheeler segment slipped to 17.2% as of July 27, down from 19.9% in June, as per Vahan data. Ather Energy, its listed rival, is …