Ola Electric: According to Bhavish Aggarwal, CEO of Ola, sales of electric scooters have significantly increased during the festive season. Ola sold a scooter every ten seconds, according to a statement Aggarwal posted on X (previously Twitter). This represents an impressive growth rate of almost 2.5 times higher than it did the previous year.
Ola Electric sold an electric scooter every 10 seconds
He said, “Our sales have gone through the roof this Dussehra and Navratri!” He attributed this success to the rising consumer interest in electric vehicles (EVs) and added, “India’s EV moment is here this festive season!”
During the festive sale, Ola Electric has promoted deals and discounts in an effort to increase EV sales. The business is providing incentives like trade-ins for used scooters powered by fuel. Additionally, a 5-year battery promise is offered by the firm. The Ola S1 purchase comes with an instant discount of Rs 7,500 from Ola Electric as well. There are no processing fees, no interest payments, and no down payment required.
Will we see similar sales during Diwali?
We expect to see similar sales during the Diwali season if the company offers similar promotions. People in India have started going for electric vehicles over ICE vehicles because of their low maintenance and cost efficiency.
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