Ola Electric has announced the expansion of its service network with the inauguration of its 450th service centre in Phaphamau, Prayagraj, in line with its plans to further expand its D2C sales and service network. The company is on-track of fulfilling its promise of expanding its service network from 400 to 600 by the end […]
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In its biggest push yet to accelerate India’s electrification efforts and breaking all barriers to EV adoption, Ola Electric, India’s largest electric vehicle company, has reduced the prices across its S1 scooter portfolio by up to INR 25,000. The company has announced this move on the back of a robust cost structure coupled with strong […]
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In a major move to deepen the 2W EV penetration and offer a significant push to India’s electrification efforts, Ola Electric has launched S1X 4kWh with a powerful 6kW motor and a long range of 190 Km. The all new S1X 4kWh is priced at INR 1,09,999 with deliveries starting April 2024 onwards. The company […]
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Ola Electric, India’s largest EV company, has announced its sales performance for the month of October. The company registered ~24,000 units (as per Vahan data) during the month and dominated the EV category with a market share of almost 35%. With an impressive 2.5X growth in sales during Navratri & Dussehra (compared to same period […]
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Ola Electric, India’s largest electric vehicle company, started deliveries of the all new S1 Air. Introduced last month, the S1 Air has become one of the most popular EV scooters in the country with over 50,000 bookings so far. The deliveries of S1 Air have started in more than 100 cities with other markets to […]
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Ola Electric, India’s largest electric vehicle company, maintained its leadership in the EV 2W segment and has cemented its pole position with ~40% market share for the month of June. Despite a decline in overall industry sales due to the reduction in subsidy, Ola Electric registered close to 18,000 units in June (as per Vahan […]
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Ola Electric, India’s largest EV company, has announced the commencement of construction of India’s biggest Gigafactory. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu. Ola Gigafactory will be one of the fastest cell factories built, set to revolutionize the manufacturing landscape, and take the EV revolution to humanity scale from India […]
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Ola Electric, India’s largest electric vehicles company, continues its record-breaking spree as it rolled out the 1,00,000th scooter from its all women run Futurefactory in Krishnagiri, Tamil Nadu. Having commenced mass production during late November last year, Ola Electric has managed to scale this milestone in just 11 months. Bhavish Aggarwal, Ola Electric Founder and […]
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Ola Electric has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry & manufacturing as well as other […]
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Ola Electric has announced it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round values the company at $5 billion. Over the last 12 months Ola Electric has built the Futurefactory, the world’s largest 2W manufacturing facility, Ola S1 – the best scooter ever made and […]
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