OlA ELEctric Leading the Indian 2-wheeler Electric Market with 49% share

The brand claims sales of 37,191 units of electric 2-wheelers in May 2024.

OLA Electric registered an year on year sales growth of 6.26% in May 2024.

For referance, the brand sold 35,000 e-scooters in May 2023.

With these sales figures, OLA Electric has taken over 49% market share of the Indian electric 2-wheeler segment.

OLA has credited this sales performance to the S1 X lineup of scooters.

This success is carried by the launch of the affordable electric scooters alog with the rising demand for electric vehicles.

OLA hopes that this sales success would stay consistent in the coming months.

OLA currently sells a wide range of S1 electric scooters in India. The brand further has plans to launch new range of bikes & a car.

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