Categories: NewsTech & Auto

100 percent growth in sales of OLA Electric Scooter!

OLA Electric Scooter: Ola Electric has announced that it has registered 35,000 units in February 2023. The company recorded its highest-ever monthly registrations last month and an impressive year-on-year (YoY) growth of almost 100 percent compared to last year. The market share of the electric two-wheeler manufacturer is 42 percent.

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Ola Electric registers nearly 1 lakh registrations in last three months

Ola Electric recorded nearly 1 lakh registrations in the last three months. More than 30,000 units were registered in December, January and February. In December, the company became the first EV 2W manufacturer to register 30,000 registrations in a month.

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Battery warranty up to 8 years/80,000 km

Ola Electric recently announced an industry first to offer an extended battery warranty of up to 8 years/80,000 km. Anshul Khandelwal, Chief Marketing Officer, Ola Electric Technologies Pvt Ltd, said: “We have seen consistent growth in our registrations and market share, and have strongly maintained our leading position in the market. Our ever-growing S1 scooter portfolio along with customers becoming more aware and open to buying quality EVs at more affordable price points are the key factors behind the growth. We are confident in continuing our market leadership with the best products and strong EV infrastructure. “With an industry first extended battery warranty of up to 8 years/80,000 km, increasing number of charging points and extensive service centres, we are breaking all barriers to EV adoption.”

6 electric scooters in OLA’s portfolio

The manufacturer currently has six electric scooters in its portfolio. These are S1 Pro, S1 Air, S1 X+, S1 X – 2 kWh, 3 kWh, 4 kWh. The company is planning to expand its service network by 50 percent from the current 414 service centers to 600 centers across the country by April 2024. Customers can now also opt for add-on warranty and increase the upper limit of kilometers traveled up to 1,25,000 km at a nominal starting price of ₹4,999.

Also Read: Top 5 cars with resale value in India, which you will never regret after buying!

Harshita

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