In the financial year 2022-23, Ola has made its mark as the top-selling and fastest-growing EV manufacturer in India. The brand has recently released the sales report for March 2023. As per the report, Ola sold 27,000 units in March 2023. With these sales figures, Ola has acquired 30% of the market share in the Indian market. Ola Electric has been leading the sales charts for seven months in a row.
OLA Scooters Line-up and vision
Ola has recently expanded its S1 portfolio range to include 6 different models. These models are powered by 2KWh, 3KWh, and 4KWh battery packs depending on the variant. Ola will soon launch more variants of the Ola S1 Air which is set to be delivered in July 2023. The brand has also launched the latest variant for the Ola S1 family. This variant is equipped with a 2KWh battery that is particularly suitable for city commuting.
Ola has continued its dominance in the market for several months on end. This dominance is a testament to the brand’s commitment to achieving its vision of transitioning all 2-wheelers in India to electric power by 2025.
Network of OLA in the country
Ola Electric has been aggressively expanding its network of Experience Centers (ECs) throughout India. This expansion aims to improve accessibility and cater to the increasing demand for electric vehicles in the country. Ola has already established over 400 Experience Centers across the nation. And, the company has planned to establish an additional 50 ECs in key cities on a single day. These centers offer a wide range of services to customers, all available in a single location. About 90% of Ola’s customers live within 20 kilometers of an Ola Experience Center, making it easy for them to access the services of the brand.
Official Statement
Bhavish Aggarwal, Founder, and CEO, of 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 EVs mainstream, the next couple of years will take the EV revolution to human scale, and Ola will be at the forefront of this revolution to lead this paradigm shift.”