Demand for OLA's Electric Scooter increased in the Indian market, know how the sales were in June 2024
There is a steady increase in the demand for Electric Scooter in the Indian market. The country's leading electric two-wheeler manufacturer Ola Electric is also benefiting from this. How many units has the company sold across the country during June 2024. How has the company performed on a year-on-year basis. Let's know.
Ola Electric has again repeated its excellent performance in the Electric Scooter segment. How many units has the company sold across the country during June 2024. How has the company performed on a year-on-year basis. We are telling you in this news.
The demand for electric vehicles is continuously strengthening in the Indian market. Which is benefiting all the manufacturers. In this sequence, Ola Electric is also managing to maintain its performance every month. According to Jagran, the information received from the company, a total of 36716 units of vehicles have been sold across the country during the last month.
Ola Electric has also performed well on a year-on-year basis. The company has achieved a growth of 107 percent during this period. In the month of June last year, the company sold about 18 thousand units.
According to Jagran, the information received from the company, the company has a 46 percent market share in the electric two-wheeler segment. Along with this, Ola has registered an impressive growth of 57% in the first quarter of FY 2025 as compared to the first quarter of FY 2024. In the quarter ended June 2024, the company has got more than 1.08 lakh registrations.
With 46 percent market share last month, the company has made a new achievement in its name. The company has crossed the registration of more than two lakh units during the year 2024. With this, Ola is the first company to achieve this feat in the first half of the year. So far, Ola has registered 2.28 lakh units.
Anshul Khandelwal, Chief Marketing Officer of Ola Electric, said that we have been the market leader in the EV 2W segment for seven consecutive quarters. Our stable market leadership reflects the strength of our wide S1 portfolio, which offers products at attractive prices, making it easy for everyone to buy an EV. We are firm in our commitment to accelerate India's EV market and contribute to the growth of the industry.
