In the electric scooter market, Ola Electric maintains its dominant position. According to the companyβs sales report for February, it revealed that it sold 35,000 electric scooters last month, marking its highest sales ever.
Additionally, the company has observed a 100% increase in sales on an annual basis. Regarding market share, Ola Electric holds a 42% share in the market.
Here, know about the OLA sales report of February in detail.
OlA Electric Sales Report of February 2024
Ola Electric has sold over 100,000 electric scooters in the past three months. Each month, from December to February, the company has achieved sales exceeding 30,000 units.
December 2023 marked the first time the company surpassed the 30,000 monthly sales milestone, and it has maintained this level consistently since then. Anticipating continued sales growth in the upcoming months, the company is gearing up to introduce new products.
Ola Electric currently offers a variety of options in its lineup, including models like the S1 Pro, S1 Air, and S1 X+. Last month, the company slashed prices for these models by up to βΉ25,000, leading to a surge in bookings.
Also Read: OLA Electric Sales Report of January 2024, Sold More than 31000 e-scooter
Anshul Khandelwal, the companyβs Chief Marketing Officer, noted a consistent uptick in market share and sales, indicating a growing consumer interest in quality electric vehicles.