Today: 29 October 2025
2 June 2024
1 min read

Ola Electric Dominates May EV 2W Sales

The deliveries of the S1 X range of mass-market scooters began last month….reports Asian Lite News

Ola Electric, on Saturday, said that it has captured 49 per cent market share in the electric two-wheeler (2W) segment in May, with 37,191 registrations (as per government’s Vahan portal) riding on its S1 scooter portfolio.

The deliveries of the S1 X range of mass-market scooters began last month.

“We continue to lead India’s EV transition efforts in the 2W segment with a leading 49 per cent share in the market and a steady growth in our registrations,” said Anshul Khandelwal, CMO, Ola Electric Technologies.

“With our S1 X, we continue to work towards expanding the EV 2W market for overall growth of the industry,” he added.

The S1 X portfolio is available in three battery configurations (2 kWh, 3 kWh and 4 kWh), priced at Rs 74,999, Rs 84,999 and Rs 99,999, respectively.

The company recently revised the prices of its premium offerings S1 Pro, S1 Air, and S1 X+ to Rs 1,29,999, Rs 1,04,999 Rs 89,999, respectively.

Ola Electric said that it offers an eight-year/80,000 km extended battery warranty for the entire range of products at no extra cost.

Meanwhile, Ola founder Bhavish Aggarwal’s brother Ankush Aggarwal has returned to the ride-hailing business as CEO after working with Ola Electric.

ALSO READ: Tata, Serum Institute on Time’s 2024 Influential List

Previous Story

Maruti Suzuki Sales Dip 2% in May

Next Story

IBC Transforms India’s Debtor-Creditor Dynamics

Latest from Business

GST Reform Fuels Record Car Sales Surge

India’s automotive industry is experiencing a massive boost following the implementation of GST 2.0, with car sales more than doubling to over half a million units in just a month, according to

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations of a US Federal Reserve rate cut. According to the

ADNOC signs 15-year LNG deal with Indian Oil

Under the deal, LNG cargoes can be delivered to any port across India, enhancing the country’s energy security and meeting its rising energy demand. Abu Dhabi National Oil Company (ADNOC) has signed
Go toTop

Don't Miss

India likely to suspend flight operations to Israel

Indian airlines are altering flight paths for Europe and the

PhonePe Lights Up Nepal with UPI Wonders

Nepal is a very popular destination among Indian visitors who