Ola Electric sells a record 2.5 lakh e-scooters in 2023

Ola has a market share of 30.50%, followed by TVS and Ather with 19.60% and 12.30%, respectively.

Ola Electric has achieved a new sales milestone. The electric scooter maker sold 2,52,647 units from January 1-December 23, 2023.

Ola Electric has become the first electric 2-wheeler brand in India to surpass the 2.5 lakh unit mark in a year. TVS posted the second-highest sales of 1,62,399 units, while Ather Energy posted sales of 1,01,940 units, securing third place.

On average, Ola has been selling around 20,000 units per month. The company registered its best monthly sales of 29,898 units in November. The company has a market share of 30.50%, followed by TVS and Ather with 19.60% and 12.30%, respectively.

Ola currently offers a wide range of e-scooters priced between Rs 90,000 and Rs 1.47 lakh. The flagship S1 Pro variant uses a 5 kW electric motor that is powered by a 4 kWh battery, offering a maximum range of 195 km on a single charge.

Source: Autocar India