Ola Electric Continues To Dominate 2W EV Segment, Achieves 49% Market Share In May 2024
Bengaluru, June 1st, 2024: Ola Electric today announced that it has captured 49% market share in May 2024, continuing its dominance in the EV 2W segment. The company recorded 37,191 registrations (according to the government’s VAHAN Portal) during the month on the back of its strong S1 scooter portfolio, including the all-new mass-market S1 X range.
Click Here To Join Us On WhatsApp
Anshul Khandelwal, Chief Marketing Officer, Ola Electric Technologies Private Limited, said: “We continue to lead India’s EV transition efforts in the 2W segment with a leading 49% share in the market and a steady growth in our registrations. We recently commenced the deliveries of our mass-market S1 X portfolio, which addresses the high upfront cost of purchasing an EV, one of the biggest barriers to the adoption of EVs. With our S1 X, we continue to work towards expanding the EV 2W market for the overall growth of the industry.”
Ola Electric recently marked its entry into the mass-market segment with the S1 X portfolio. Available in three battery configurations (2 kWh, 3 kWh, and 4 kWh), the scooters are priced at INR 74,999, INR 84,999, and INR 99,999, respectively. The company recently revised the prices of its premium offerings S1 Pro, S1 Air, and S1 X+ to INR 1,29,999, INR 1,04,999, and INR 89,999, respectively.
Click Here To Join Us On WhatsApp
Ola Electric offers an 8-year/80,000 km extended battery warranty for the entire range of products at no extra cost, a move Ola Electric believes addresses one of the barriers to EV adoption by extending the lifespan of the vehicles. Customers can also opt for an add-on warranty and increase the upper limit of the kilometers traveled up to 1,00,000 km at INR 4,999 and up to 1,25,000 km at INR 12,999. Ola Electric has also introduced a fast charger accessory of 3KW which is available for purchase at INR 29,999.
Next Story:
-
Rajasthani Film ‘Bharkhama’ Won Special Jury Mention at JIFF 2025
![Rajasthani Film ‘Bharkhama’ Won Special Jury Mention at JIFF 2025]()
The Rajasthani film Bharkhama made waves at the Jaipur International Film Festival (JIFF) 2025, earning the distinguished Special Jury Mention Award. The movie’s special screening at GT Inox, Malviya Nagar, Jaipur, left a profound impact on both viewers and critics, marking a significant moment for regional cinema. The event was further elevated by the presence…
-
Trump Launches $500 Billion “Stargate” AI Venture
![Trump Launches $500 Billion “Stargate” AI Venture]()
In a major push to advance artificial intelligence (AI) infrastructure, United States President Donald Trump revealed a $100 billion joint venture called “Stargate” on January 21 (January 22 IST). The initiative, spearheaded by SoftBank Group, OpenAI, and Oracle Corporation, aims to revolutionize AI development in the U.S. with plans to scale the investment to $500…
-
Dalit Groom Riding Horse Faces Opposition: Police Step in for Protection
![Dalit Groom Riding Horse Faces Opposition: Police Step in for Protection]()
In Lavera village of Srinagar block, Ajmer district, a wedding procession proceeded peacefully on January 21 under heavy police protection. Around 400 police personnel were deployed to prevent potential opposition from upper-caste locals, who reportedly objected to the groom riding a horse—an act traditionally viewed as a symbol of status and equality.
-
Beti Bachao Beti Padhao Marks 10 Years of Launch
![Beti Bachao Beti Padhao Marks 10 Years of Launch]()
As India marks the tenth anniversary of the Beti Bachao Beti Padhao (BBBP) initiative, Prime Minister Narendra Modi has hailed the program’s transformative impact on addressing gender disparities and empowering the girl child. Launched on January 22, 2015, the initiative has evolved into a landmark movement for gender equality and girl-child education in India.
-
JEE Mains Exam: 3 Students Denied Entry for Arriving Late
![JEE Mains Exam: 3 Students Denied Entry for Arriving Late]()
The JEE Mains exams, necessary for admissions in prestigious engineering colleges across India, began on Wednesday, attracting thousands of eager students to exam centers nationwide. However, three students at the Ion Digital Zone Exam Center in Visakhapatnam were denied entry for arriving late.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
