Ola Electric Mobility Limited — Updates, 28-02-2025: Press Release

Ola Electric has reported sales of over 25,000 units in February 2025, maintaining its leadership in the electric vehicle (EV) two-wheeler segment with a market share exceeding 28%. The company attributes its strong performance to its comprehensive S1 portfolio and a nationwide sales-and-service network comprising 4,000 stores. There is a notable demand increase from Tier 3 and 4 towns, signaling growth beyond urban areas.

Ola recently renegotiated contracts with vehicle registration agencies, which temporarily influenced registration numbers, but aims to enhance efficiency and lower costs. The launch of the Gen-3 portfolio offers a range of models priced from ₹79,999 to ₹1,69,999. The firm has also expanded into the EV motorcycle market with the Roadster X series, starting from ₹74,999, featuring advanced technology like a significant range of 501 km per charge. Overall, Ola Electric's ongoing initiatives place it in a strong position for future growth, making it a company to watch closely in the evolving EV landscape.