Ola Electric Regains Market Leadership with 25% Share in January
ECONOMY & POLICY

Ola Electric Regains Market Leadership with 25% Share in January

Ola Electric has reclaimed its position as the leader in the electric two-wheeler market, registering 22,656 units in January, a 65% increase from the previous month. This performance has elevated its market share to 25%. The company's success is attributed to its strong S1 portfolio and an expanded sales and service network, now reaching 4,000 stores across India. In January, Ola Electric also launched eight new scooter models under its S1 brand, all built on the advanced Gen 3 platform, with prices ranging from Rs 79,999 to Rs 169,999. The company emphasised that the Gen 3 platform marks a significant leap forward in performance, safety, efficiency, and reliability. With the launch of the new range and its strong sales momentum, Ola Electric aims to further distance itself from traditional automakers and solidify its position at the forefront of the electric vehicle market. (ET)

Ola Electric has reclaimed its position as the leader in the electric two-wheeler market, registering 22,656 units in January, a 65% increase from the previous month. This performance has elevated its market share to 25%. The company's success is attributed to its strong S1 portfolio and an expanded sales and service network, now reaching 4,000 stores across India. In January, Ola Electric also launched eight new scooter models under its S1 brand, all built on the advanced Gen 3 platform, with prices ranging from Rs 79,999 to Rs 169,999. The company emphasised that the Gen 3 platform marks a significant leap forward in performance, safety, efficiency, and reliability. With the launch of the new range and its strong sales momentum, Ola Electric aims to further distance itself from traditional automakers and solidify its position at the forefront of the electric vehicle market. (ET)

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