Ola Electric is one of the top three companies in the electric two-wheeler business in India. They set a new record in terms of sales of electric scooters every month. That tradition did not change in March. Figures published by Vahan (VAHAN) portal in early April said that Ola had registered 53,000 units of e-scooters in the previous month. Which is by far the most for them as well as any EV two-wheeler brand doing business in India.
Ola Electric registered over 53,000 e-scooters in March
The financial year 2023-24 ended with March. It is reported that Ola has handed over the keys to customers of a total of 3,28,785 new eco-friendly electric scooters in one year. In comparison, the company’s sales in 2022-23 were 1,52,741 units. As a result, the sales growth rate in the just ended financial year was 115%.
Again from January, 2024 to March, 2024 a total of 1,19,310 electric scooters were sold. The figure was 84,133 units during the same period a year ago. As a result demand increased by 42%. In this context, Anshul Khandelwal, Chief Marketing Officer, Ola Electric Technologies said, “With sales crossing 53,000 in March, 2023-24 is not a better year for us. Last year was a critical one for the EV industry. We have led the market in terms of sales throughout the financial year.”
Incidentally, Ola currently sells three different models of electric scooters – S1 X, S1 Air and S1 Pro. Keeping in mind the needs of different categories of buyers, the company has brought the option of every trim in the e-scooter. The price of their battery powered scooter starts from Rs 79,999 on offer. And the cost to buy the most expensive S1 Pro is Rs 1.3 lakh. It has a 4 kWh battery.
Ola S1 Pro offers a maximum range of 185 km and a top speed of 120 km per hour on a full charge. Recently Ola is offering a warranty of 8 years or 80,000 kms (whichever is earlier) on their electric scooters. Experts believe that this is the reason why more and more buyers are attracted to buy their e-scooters.
