Ola Sells 27,000 Units In March, Consolidates Market Share To Over 30%

Ola Electric has emerged as the fastest-growing EV manufacturer in the financial year 2022-23. Maintaining its growth trajectory, Ola Electric clocked its best month ever in March, surpassing 27000 units sales, while topping the sales charts for 7 consecutive months.

Bhavish Aggarwal, Founder and CEO, Ola Electric, said, “FY 23 has truly been a defining year for the EV industry in India. At Ola, we have remained resolute in prioritizing scale, speed, and uncompromising quality standards, all of which have contributed to the company's consistent leadership position in the market. While last year has been successful in making EV’s mainstream, the next couple of years will take the EV revolution to humanity scale, and Ola will be at the forefront of this revolution to lead this paradigm shift.”

Ola Electric has been on a spree to open experience centres (EC) across India to enhance accessibility and cater to the growing demand of electric vehicles in India. The company has more than 400 Experience Centers across India and has recently expanded its offline footprint by adding 50 more ECs across key cities, in a single day. These centres are designed to offer a comprehensive range of services to customers at a single location. Almost 90 per cent of Ola’s customers live within 20 kms of an Ola Experience Centre.

Furthermore, Ola has recently expanded the S1 portfolio range to 6 models. Powered by 2KWh, 3KWh and 4KWh battery packs, Ola launched 3 new variants of the Ola S1 Air which will be delivered starting July 2023. The company has also launched the newest variant for the Ola S1 family, which uses a 2 kWh battery which is best suited for city commutes.

Ola’s constant market leadership throughout the months is a testimony of Ola’s quest towards achieving its vision of transitioning all 2-wheelers in India to electric by 2025.