Ola surpasses 20,000 units in sales to become India’s top EV vendor.
- Ola, Indian EV producer, sold 20,000 S1 e-scooters. Monthly sales increased 60%. (MoM). The corporation credits this revenue boost to festival growth.
- Ola Electric recently reported 4x sales surge during Navratri. The firm sold one scooter each minute. On October 22, Ola released its cheapest e-scooters.
- The Ola S1 Air electric scooter costs Rs 84,999. From February, consumers may book this variety of e-scooters, and delivery start in April 2023.
- According to consultancy company RBSA Advisors, India’s electric vehicle (EV) industry would reach $150 billion by 2030 with a CAGR of 90%.