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Ola Electric sees new registrations bump in festive season, bags 34% market share

  • Ola Electric has recorded 15,672 new registrations this month and now holds a 34% market share in the electric two-wheeler segment.
  • The growth is attributed to the popularity of Ola Electric's S1 scooter lineup and its expanding service network.
  • To improve EV adoption and after-sales experience, Ola Electric plans to double its service network to 1,000 centres by December 2024.
  • The company also aims to onboard 10,000 partners and train one lakh third-party mechanics for EV readiness by the end of 2025.

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