Ola EV sales breach 20,000 mark in November again
Ola EV sales – Ola Electric, an Indian EV business, has surpassed the 20,000-unit threshold once more in November. The EV unicorn startup reported the sales of its S1 line of e-scooters in October and stated that it had exceeded the 20,000 unit threshold.
With this, Ola overtook Okinawa scooters, which produces roughly 17,000 scooters, as the largest EV seller in India, according to the Vahaan portal.
The founder and CEO of Ola, Bhavish Aggarwal, commented on this milestone by saying, “The End of ICE Age is finally a reality. The full dominance of EVs in the premium scooter market demonstrates that the absence of world-class EV alternatives is the only reason why customers today still choose an ICE car. We’ll keep developing and growing rapidly with products in a variety of markets and price ranges, and we’ll be the ones to drive the Indian 2W industry’s conversion to 100% EVs by 2025!
Ola EV sales
The business’s factory is located in Krishnagiri, Tamil Nadu, where these electric scooters are made. In November of last year, the firm began producing e-scooters, and as of now, it has released three models under the S1 series: the Ola S1 Air, Ola S1 Pro, and Ola S1. This month, the business plans to introduce MoveOS 3, a new class of e-scooters. This year, the corporation also established 14 additional experience centres in 11 cities.
According to a report by the consulting company RBSA Advisors, the Indian electric vehicle (EV) industry is anticipated to develop at a compound annual growth rate (CAGR) of 90% in this decade and reach $150 billion by 2030.