Ola Electric Mobility Limited — Important, 29-05-2025: General Updates
29-05-2025 | 04:20 pm
29-05-2025 | 04:20 pm
Ola Electric leads India’s e2W market with 3.59 lakh deliveries and a 30% share in FY25. The Roadster X launch expands its EV motorcycle presence, targeting mass-market riders with competitive pricing. Gen 3 platform rollouts lifted gross margins to 20.5%, with further improvements expected from PLI benefits. Network grew to 4,000+ outlets, focusing on Tier 3 and rural areas to boost sales. A one-time ₹250 Cr warranty provision was made, but enhanced product quality and vertical integration pave the way for sustainable profitability.
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