Ola Electric corners 25% mkt share in Jan, reclaims top spot in EV 2-wheelers

Feb 01, 2025

The company on Friday launched eight scooter models under the S1 brand, developed on its Gen 3 platform, priced between INR 79,999 and INR 1,69,999.
New Delhi: Ola Electric on Friday said it has reclaimed market leadership in the electric two-wheelers segment with 22,656 registrations recorded in January. On the back of the strong S1 portfolio and the recently expanded sales and service network to 4,000 stores across India, the company witnessed a 65 % growth month-on-month and improved its market share to 25 % this month, the Bengaluru-based firm said in a statement.

The company on Friday launched eight scooter models under the S1 brand, developed on its Gen 3 platform, priced between INR 79,999 and INR 1,69,999.

"With Gen 3, the company is taking a big leap forward in performance, safety, efficiency reliability," it noted.

With a new range based on the Gen 3 platform and the recent journey back to the top of the leaderboard, the company hopes to increase the gap with the legacy automakers, Ola Electric said.