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:
-
Musi River Front Development: Residents Eagerly Await Relocation: Claims Dana Kishore
![Musi River Front Development: Residents Eagerly Await Relocation: Claims Dana Kishore]()
Hyderabad, Sept 28 (Maxim News): The Musi River Front Development Corporation (MRFDC) Chairman and MD, Dana Kishore claimed that the residents of the Musi River basin area have expressed their willingness to relocate to newly constructed double-bedroom houses.
-
Amid Fear Of Protestors: Heavy Security At Gandhi Bhavan
![Amid Fear Of Protestors: Heavy Security At Gandhi Bhavan]()
Hyderabad, Sept 28 (Maxim News): Keeping in view that the Congress government headed by Chief Minister Revanth Reddy has announced that they will demolish the houses in the Musi river catchment area. In many areas, the revenue officials conducted a survey and marked the river bed. Due to this, the affected people are angry with the government. Protesting the demolition…
-
Hezbollah Confirms Its Leader Hassan Nasrallah Killed In Israeli Airstrike
![Hezbollah Confirms Its Leader Hassan Nasrallah Killed In Israeli Airstrike]()
Jerusalem/Internet/Hyderabad, Sept 28 (Maxim News): The Israeli Defense Forces (IDF) on Saturday announced that Hezbollah chief Hassan Nasrallah has been eliminated following a deadly strike on the headquarters of the Lebanese militant group in the southern suburbs of Beirut late Friday.
-
Man Arrested For Procuring Mefhentermine Injection Vials Illegally
![Man Arrested For Procuring Mefhentermine Injection Vials Illegally]()
Hyderabad, Sept 28 (Maxim News): On credible information, the Special Zonal Crime Team, CCS, Hyderabad along with the Drug Inspector nabbed one offender Syed Alfan age 22 years, occur: AC Technician, resident of Saber Nagar, Asifnagar, who has procured Mefhentermine Injection vials illegally.
-
Minor Girl Raped In Asifabad: Students, Locals Stage Dharna
![Minor Girl Raped In Asifabad: Students, Locals Stage Dharna]()
Kumram Bheem Asifabad/Hyderabad, Sept 28 (Maxim News): Students and locals staged a rasta-roko on NH-363 demanding action against a person who allegedly raped a minor student at Buruguguda village in Asifabad mandal on Saturday.
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
