Ola Electric Surges Over 27,000 Units Sales in March 2023

Ola Electric’s market share is raised about 30 per cent and also Ola Cabs has a market share of 60 per cent.

April 01, 2023. By EI News Network

Indian electric vehicle manufacturer Ola sold over 27,000 EVs in the month of March. The company has been alleviating its own sales record for the last seven months.

Bhavish Aggarwal, Founder and CEO of Ola Electric stated, “FY23 has truly been a defining year for the EV industry in India. At Ola, we have remained resolute in prioritizing scale, speed, and uncompromising quality standards, all of which have contributed to the company's consistent leadership position in the market. While last year has been successful in making EV’s mainstream, the next couple of years will take the EV revolution to human scale, and Ola will be at the forefront of this revolution to lead this paradigm shift.”

He added the details about the company’s position, its huge dive into electrification industry. He also highlighted the company’s IPO plans.

The electric vehicle company also started around 50 experience centres on March 26. These stores were started throughout many cities such as Visakhapatnam, JP Nagar, Saharanpur, Lucknow, Kanpur, Jodhpur, Varanasi, and others.

Ola Electric’s market share is raised about 30 per cent and also Ola Cabs has a market share of 60 per cent.

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Sustainable Transport

EV company started 50 experience centres

EV mobility

Paradigm-changing

market share

Sales of electric two-wheeler