Ola Electric Mobility Limited — Updates, 25-12-2024: Press Release

Ola Electric has significantly expanded its presence in the Indian electric vehicle (EV) market, reaching a total of 4,000 stores nationwide, marking a four-fold increase from its previous network. This expansion includes over 3,200 new stores co-located with service facilities, enhancing access to EVs across urban and rural areas. The company aims to democratize EV ownership and drive adoption actively.

Ola Electric is promoting its new store openings with attractive offers on the S1 portfolio, allowing customers to benefit from discounts up to ₹25,000 on select models. Additionally, priority registrations are open for MoveOS 5 beta, introducing features such as Group Navigation and Live Location Sharing.

The launch of the limited-edition Ola S1 Pro Sona, adorned with 24-karat gold plating, has garnered considerable interest, while the new Gig and S1 Z scooter range caters to diverse customer needs with competitive pricing, set to begin deliveries in mid-2025. Overall, this strategic growth underlines Ola Electric’s commitment to innovation and maintaining its leadership in the EV sector, suggesting a positive outlook for its expansion efforts.