EV ScootersOla Electric leads the e-scooter market in India with 2.5 lakh sales...

Ola Electric leads the e-scooter market in India with 2.5 lakh sales in 2023

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Ola Electric, the electric 2-wheeler arm of the ride-hailing giant Ola, has set a new record in the Indian e-scooter market. The company sold a whopping 2,52,647 e-scooters in the year 2023, becoming the first brand to cross the 2.5 lakh mark in a single year.

Ola Electric dominates the market share with 30.50%

Ola Electric has a clear edge over its competitors in the e-scooter segment. The company has a market share of 30.50%, which is more than the combined share of TVS and Ather, the second and third players in the market. TVS sold 1,62,399 units, while Ather sold 1,01,940 units in 2023, capturing 19.60% and 12.30% of the market share, respectively.

Ola Electric offers a range of e-scooters with impressive features

Ola Electric has a diverse portfolio of e-scooters to cater to different customer segments. The company offers e-scooters priced from Rs 90,000 to Rs 1.47 lakh, with various features and specifications. The most popular model is the S1 Pro, which has a 5 kW electric motor and a 4 kWh battery. The S1 Pro can travel up to 195 km on a single charge, making it one of the most efficient e-scooters in the market.

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