Ola Electric, India’s largest pure-play EV manufacturer, has announced sales of 25,000 electric two-wheelers (EV 2Ws) in February 2025, retaining its market leadership with over 28% share in the segment. The company attributes its strong momentum to its diverse S1 scooter portfolio and an expansive sales and service network of 4,000 stores across India.
An Ola Electric spokesperson stated, “We have successfully maintained a strong sales momentum & leadership position through February. With our wide range of scooters catering to both mass and premium segments and our vast dealership network, we are witnessing increasing demand beyond urban areas in Tier 3 and Tier 4 cities. With Roadster X deliveries scheduled next month, we are confident of further accelerating EV adoption across the two-wheeler category in India.”
Key Business Updates
- Expansion beyond urban markets: Growing demand in Tier 3 & 4 towns.
- Contract renegotiation impact: Ola Electric temporarily saw lower VAHAN portal registrations in February due to ongoing negotiations with vehicle registration agencies aimed at reducing costs.
- Launch of Gen-3 EV portfolio: Prices start at ₹79,999 for the S1 X (2kWh) and go up to ₹1,69,999 for the S1 Pro+ (5.3kWh).
- MoveOS 5 Beta rollout: New software update introducing Brake by Wire, Smart Park, DIY ride modes, Bharat Mood, Live Location Sharing, and more.
- Entry into the EV motorcycle segment: Ola launched the Roadster X series, starting at ₹74,999 for the base model, with the Roadster X+ 9.1kWh variant offering 501 km per charge.
Ola’s Future Plans
Ola Electric continues its vertical integration in EV technology and manufacturing at its Ola Futurefactory. It is also developing a Gigafactory in Tamil Nadu to support large-scale battery and component production.
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