Ola Electric, Bengaluru-based EV firm, on Tuesday said it sold 3,44,005 units of EV scooters in FY25 and also claimed a market share of 30% in the market.
The company also said it registered 23,430 units for the month of March 2025 (as per VAHAN), with strong demand coming from both urban and rural markets.
A communique further said, Ola Electric has nearly cleared the February backlog and expects to complete the remaining February–March registrations in April 2025.
A spokesperson of Ola Electric said, “Ola Electric continues to see strong demand across urban and rural markets during March 2025. We’ve nearly cleared the February backlog and are rapidly scaling operations to complete all pending registrations.’‘
According to him, the response to Ola‘s Gen 3 portfolio has been phenomenal and exceeded expectations. Ola Electric recently announced the commencement of deliveries for its S1 Gen 3 scooter portfolio across the country. Over the Gen 2, Gen 3 would offer 20% increase in peak power, 11% reduction in cost, and 20% increase in range, claimed the company.
Published – April 01, 2025 10:31 pm IST