Ola Sales in May 2023: Company witnesses exponential growth every month, breaks all sales records, all details here

Ola: The most popular brand of electric scooters in the nation is once again Ola Electric. The company set a new record for scooter sales in May. More than 35,000 electric scooters were sold in May, according to a statement from Ola Electric. This firm from Bengaluru has quickly found success, and as a result, its market share in the electric scooter market has climbed to 30%. With this, Ola has surpassed other national electric two-wheeler sellers for the ninth straight month.

Apart from this, the company has also achieved a tremendous growth of 300% annually.

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Ola electric scooters

There are now three different versions of Ola’s one and only electric scooter, the S1, in the Indian market. S1 Air, S1, and S1 Pro. The base model called the S1 Air, will begin shipping early next month. Following the FAME II subsidy’s revision, Ola has raised the price of its electric scooter. Thereafter, the Ola S1 Air is priced at Rs. 1.10 lakh ex-showroom. This (on the 3kWh model) is Rs 10,000 higher than the item’s original cost. The top-tier electric scooter is available for Rs 1.40 lakh (ex-showroom), while the S1 is currently priced at Rs 1.30 lakh.

The recently released Simple One Energy electric scooter, in addition to electric scooters like the Ather Energy 450X and the TVS iQube, are competitors for Ola electric scooters in the domestic market.

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