June 2, 2024
1 min read

Ola Electric Dominates May EV 2W Sales

The deliveries of the S1 X range of mass-market scooters began last month….reports Asian Lite News

Ola Electric, on Saturday, said that it has captured 49 per cent market share in the electric two-wheeler (2W) segment in May, with 37,191 registrations (as per government’s Vahan portal) riding on its S1 scooter portfolio.

The deliveries of the S1 X range of mass-market scooters began last month.

“We continue to lead India’s EV transition efforts in the 2W segment with a leading 49 per cent share in the market and a steady growth in our registrations,” said Anshul Khandelwal, CMO, Ola Electric Technologies.

“With our S1 X, we continue to work towards expanding the EV 2W market for overall growth of the industry,” he added.

The S1 X portfolio is available in three battery configurations (2 kWh, 3 kWh and 4 kWh), priced at Rs 74,999, Rs 84,999 and Rs 99,999, respectively.

The company recently revised the prices of its premium offerings S1 Pro, S1 Air, and S1 X+ to Rs 1,29,999, Rs 1,04,999 Rs 89,999, respectively.

Ola Electric said that it offers an eight-year/80,000 km extended battery warranty for the entire range of products at no extra cost.

Meanwhile, Ola founder Bhavish Aggarwal’s brother Ankush Aggarwal has returned to the ride-hailing business as CEO after working with Ola Electric.

ALSO READ: Tata, Serum Institute on Time’s 2024 Influential List

Previous Story

Maruti Suzuki Sales Dip 2% in May

Next Story

IBC Transforms India’s Debtor-Creditor Dynamics

Latest from Business

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations of a US Federal Reserve rate cut. According to the

ADNOC signs 15-year LNG deal with Indian Oil

Under the deal, LNG cargoes can be delivered to any port across India, enhancing the country’s energy security and meeting its rising energy demand. Abu Dhabi National Oil Company (ADNOC) has signed

PM Modi: India poised to lead next tech wave

PM Modi underscored that the country is poised to lead the next wave of digital transformation in 5G…reports Asian Lite News Prime Minister Narendra Modi on Wednesday hailed India’s progress in expanding

India Hits 100GW Solar

The expansion is not only in scale but also in quality, with significant capacity dedicated to high-efficiency modules. Many manufacturers have adopted vertically integrated operations, enhancing quality, reducing costs, and improving resilience
Go toTop

Don't Miss

India to deport 3 Swedish nationals for violating visa rules

The Dibrugarh ASP further said that the three-day religious programme

India rejects claims after Papua New Guinea bans flights over ‘deception’

The denial on Tuesday came after PNG Police Commissioner David