November witnessed a record-breaking 30,000 scooter registrations for Ola Electric

Share via:

Ola Electric marked a milestone in November, hitting an all-time high of 30,000 scooter registrations. This achievement signifies a remarkable 30% month-over-month growth and an impressive 82% year-over-year surge. The company dominated with a substantial 35% market share in the EV scooter segment.

Maintaining its leading position for five consecutive quarters starting September 2022, Ola Electric expanded its scooter range with the launch of S1 Air and S1X models in India. Priced at ₹1,47,499, the S1 Pro (2nd Gen) leads the lineup, followed by the ₹1,19,999 S1 Air, and three variants of the S1X, ranging from ₹89,999 to ₹1,09,999, all ex-showroom prices.

These new models, built on the Gen2 platform, boast enhanced features including a more potent electric motor, a safer battery pack, a lighter chassis, and a flat floorboard. Notable design changes involve the adoption of telescopic forks and 5-spoke alloy wheels, alongside updates in internals, a sleeker smoked-effect tail lamp, and a redesigned grab rail.

Anshul Khandelwal, Ola’s Chief Marketing Officer, expressed pride in the brand’s performance, citing the robust sales figures as evidence of customer trust. He emphasized the company’s dedication to advancing India’s transition to green mobility, anticipating sustained momentum in December and a strong finish to the year.

Anshul Khandelwal stated, “The strong sales performance is a testament to the trust customers have in our brand and our strong product lineup. We have clearly emerged as our customers’ top choice recording our highest ever registrations, and we expect the trend to continue in December, closing the year on a new high. We are steadfast in our commitment to accelerating India’s journey towards green mobility and inching closer to #EndICEAge in the scooter segment.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

November witnessed a record-breaking 30,000 scooter registrations for Ola Electric

Ola Electric marked a milestone in November, hitting an all-time high of 30,000 scooter registrations. This achievement signifies a remarkable 30% month-over-month growth and an impressive 82% year-over-year surge. The company dominated with a substantial 35% market share in the EV scooter segment.

Maintaining its leading position for five consecutive quarters starting September 2022, Ola Electric expanded its scooter range with the launch of S1 Air and S1X models in India. Priced at ₹1,47,499, the S1 Pro (2nd Gen) leads the lineup, followed by the ₹1,19,999 S1 Air, and three variants of the S1X, ranging from ₹89,999 to ₹1,09,999, all ex-showroom prices.

These new models, built on the Gen2 platform, boast enhanced features including a more potent electric motor, a safer battery pack, a lighter chassis, and a flat floorboard. Notable design changes involve the adoption of telescopic forks and 5-spoke alloy wheels, alongside updates in internals, a sleeker smoked-effect tail lamp, and a redesigned grab rail.

Anshul Khandelwal, Ola’s Chief Marketing Officer, expressed pride in the brand’s performance, citing the robust sales figures as evidence of customer trust. He emphasized the company’s dedication to advancing India’s transition to green mobility, anticipating sustained momentum in December and a strong finish to the year.

Anshul Khandelwal stated, “The strong sales performance is a testament to the trust customers have in our brand and our strong product lineup. We have clearly emerged as our customers’ top choice recording our highest ever registrations, and we expect the trend to continue in December, closing the year on a new high. We are steadfast in our commitment to accelerating India’s journey towards green mobility and inching closer to #EndICEAge in the scooter segment.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Runway announces an API for its video-generating AI models

Runway, one of several AI startups developing video-generating...

GIFT City: Infosys, Wipro to start fintech hubs in...

Infosys and Wipro will be among the first...

BitGo launches regulated custody platform for native protocol tokens

The US custodian’s crypto-native clients include Worldcoin, ZetaChain,...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!