OLA July 2023 Sales: Ola Electric registers 375% YoY sales growth in July 2023 – Times of India

OLA July 2023 Sales: Ola Electric registers 375% YoY sales growth in July 2023 - Times of India

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Ola Electric, a Bengaluru-based EV manufacturer recently announced it has registered a massive YoY sales growth of 375% in July 2023 as against the same period last year. According to Vahan data, Ola Electric sold around 19,000 units in July 2023, registering a market share of 40 percent.

“Ola Electric has maintained its market position and remains steadfast in its commitment to making #EndICEAge a reality. With our revolutionary yet affordable S1 Air receiving an overwhelming response, we are well-positioned to accelerate India’s EV penetration by driving mass market adoption in the scooter segment,” says Ankush Aggarwal, Chief Business Officer, Ola.
Further, he added, “As we enter August, we are excited about the deliveries of S1 Air and our much-awaited annual flagship event with many exciting announcements to come.”

The company said that the Ola S1 Air recorded over 50,000 bookings within a few days of opening the purchase window. Following the high demand and requests to extend the availability of the electric scooter, Ola Electric has extended the Rs 1.1 lakh offer to all customers till August 15, 2023.

Ola S1 Pro Review: Great progress but not glitch free yet

Featuring design elements from its predecessors, the S1 and S1 Pro, the Ola S1 Air is equipped with a 3 kWh battery, offering a certified range of 125 km and a top speed of 90 kmph. The electric motor generates a peak power of 6 hp.
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