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Ola E-scooters sales touch 20,000 consecutively for the second month.
Ola Electric
crossed the sales mark of 20,000 units once again in November.Proliferating sales on a national scale, the Indian
E
lectric Vehicle (EV) company has achieved this figure continuously for the second consecutive month. However, the sales represent the product dispatched. The numbers may conflict with the vehicle on the roads, followed by RTO.Previously, the company declared its data in October while announcing its sales of S1 E-scooters.
Following the update, Ola has become India’s top EV seller company, followed by
Okinawa
scooters, the Vahaan portal reported. Being a potential competitor, Okinawa scooters’ has a good head margin to fill as the company manufactures around 17,000 scooters in a month.CEO of
Ola
, Bhavaish Aggarwal, said, “The End of ICE Age is now a reality. The complete dominance of EVs in the premium scooter segment shows that the only reason why customers still consider an ICE vehicle today is due to the lack of world-class EV alternatives. We will continue to build and expand aggressively with products across multiple segments and price points and lead the transition of the Indian 2W industry to 100 percent EVs by 2025! ”While mentioning the latest affair, he also tweeted, “Our sales crossed 20000 again in Nov. Largest Ev company in India by a margin! Huge thanks to our customers”.
The company has seen significant success for its S1, S1 Air, and
S1 Pro
products. These products were started manufacturing last year in Krishnagiri, Tamil Nadu facility. Taking a step ahead, the company is planning to launch its new category of e-scooter, MoveOS 3. Also, the company has inaugurated 14 new experience centers in 11 cities in one year.In a report, RBSA Advisors has anticipated that India’s Ev market will grow with a compounded annual growth rate of 90 percent in this decade. Hence, the market valuation by 2030 will stand at approximately $150 billion.
Moreover, India’s choice of shared, electric and connected mobility could assist the nation in saving approximately one giga-tonne of carbon dioxide emissions by 2030, the report read further.