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Ola Electric Sells 25,000 Units in February

CIO Insider Team | Friday, 28 February, 2025
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EV-maker Ola Electric announces that it has sold over 25,000 units in February so far, backed by a strong S1 portfolio and sales-and-service network of 4,000 stores across the country.

According to reports, the company has captured a market share of over 28 percent in the EV 2-wheeler segment.
Notably, this marks the second consecutive month during which the company maintained its position as the leader in India's electric two-wheeler (EV 2W) segment. It earlier held a 25 percent market share in January 2025.

According to reports, the company has successfully maintained a strong sales momentum & leadership position through the month of February. Owing to the wide scooter portfolio across mass and premium segments, and our network of 4,000 stores across India, they are now witnessing a strong uptick in demand beyond urban cities from Tier 3 & 4 towns. With the Roadster X deliveries scheduled next month, they are confident of further accelerating the EV adoption across the 2-wheeler category in India.

In February 2025, registration statistics on the VAHAN site were briefly impacted by the company's recent announcement that it was renegotiating its contracts with its vehicle registration bureaus. According to the corporation, the discussions are intended to lower expenses and expedite the registration procedure.

the business declared that the Roadster X series will be its first foray into the electric motorcycle market. The base model of the Roadster X costs Rs 89,999, while the top variation costs Rs 1, 09,999

On January 31, the manufacturer of electric two-wheelers unveiled its new S1 Gen 3 lineup on its proprietary Gen 3 technology. The premium S1 Pro+ 5.3 kWh model costs Rs 1, 69,999, while the S1 X (2kWh) device has an initial price of Rs 79,999.

Later on February 5, the business declared that the Roadster X series will be its first foray into the electric motorcycle market. The base model of the Roadster X costs Rs 89,999, while the top variation costs Rs 1, 09,999.



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