June 2, 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

Previous Story

Maruti Suzuki Sales Dip 2% in May

Next Story

IBC Transforms India’s Debtor-Creditor Dynamics

Latest from Business

UK firms land £330m Africa deals

British exporters are set to benefit from more than £330 million in contracts for schools, water, electricity and government infrastructure projects in Guinea and Benin…reports Africa Daily News Desk British businesses are

US Bans DeepSeek from Government Systems

Washington has barred Chinese AI technology from civilian government agencies, citing wider concerns over security and competition as the US seeks to maintain its lead in artificial intelligence, reports Asianlite News Desk.

UK Targets Apple’s Grip on Contactless Payments

The competition watchdog proposes lower fees and easier access to Apple’s payment technology to help digital banks and fintech firms challenge Apple Pay, reports Asianlite News Desk. Britain’s competition regulator has proposed

Qualcomm Plans Global Job Cuts

The chipmaker will begin notifying employees in November following annual performance reviews, as it seeks to strengthen workplace accountability and expand beyond its smartphone business, reports Asianlite News Desk. Qualcomm plans to

Uber Wins Bid to Dismiss £340m UK Lawsuits

London’s High Court has dismissed claims worth around £340 million brought by thousands of black cab drivers and two former private hire companies over Uber’s licensing in the British capital, reports London
Go toTop

Don't Miss

Indian expat wins AED 20 mn Mahzooz top prize in Dubai

Dalip is determined to give his family all the comforts

74 mn adults live with diabetes in India

The total number of diabetics is predicted to rise to