Ola Electric Achieves Record 35,000 Registrations In February 2024

Ola Electric now has a market share of 42 per cent

By Carandbike Team


1 mins read


Published on March 3, 2024

Follow us on



  • Ola Electric recorded 35,000 unit registrations in February 2024.
  • EV startup has achieved a market share of 42 per cent.
  • Over the last three months, Ola Electric recorded registration of more than 1,00,000 units.

Ola Electric recorded its highest-ever monthly registrations of 35,000 units in February 2024. Additionally, the EV startup also announced that it has achieved a market share of 42 per cent. Over the last three months, Ola Electric recorded the registration of more than 1,00,000 units. December 2023 witnessed the company reaching a milestone by becoming the first Electric Vehicle 2-wheeler (EV 2W) manufacturer to register 30,000 units in a single month.


Also Read: Ola Electric Slashes Prices Of S1 Scooter Lineup By Up To Rs 25,000

Ola Electric's recent initiatives included the launch of the S1 X 4 kWh. The company also introduced an 8-year or 80,000 km extended battery warranty. Ola plans to increase service centers by 50 per cent and expand its fast-charging network to include 10,000 points by the next quarter. Aside from this, Ola Electric also introduced a portable fast charger accessory of 3 kW, available for purchase at Rs 29,999. 


Also Read: Ola S1 X With 4 kWh Battery Pack Launched; Priced At Rs 1.09 Lakh


Anshul Khandelwal, Chief Marketing Officer, Ola Electric Technologies Private Limited, said “We have seen consistent growth in our registrations and market share, and have firmly maintained our leadership position in the market. Our ever increasing S1 scooter portfolio along with customers becoming more aware and open to buying quality EVs at more accessible price points being the key factors behind this growth. We are confident in continuing our market leadership with best-in-class products and a strong EV infrastructure. With our industry-first offering of 8-year/up to 80,000 km extended battery warranty, increasing number of charging points, and widespread service centres, we are breaking all barriers in the EV adoption.”


Stay updated with automotive news and reviews right at your fingertips through carandbike.com's WhatsApp Channel.

Great Deals on Used Cars

View All Used Cars

Popular Ola Electric Models

Explore More