Festive Season: Ola Electric sells over 15,000 units in October, consolidates market share to 34%

OLA Electric: The electrical two-wheeler shaper OLA Electric has seen important maturation successful its income owed to its festive promotions. The institution precocious launched a bid of offers, discounts, and campaigns for the festive season, which person contributed to a important summation successful income and marketplace share. 

Despite facing immoderate contention connected societal media, with galore lawsuit complaints regarding service, OLA Electric has responded with assorted initiatives aimed astatine enhancing lawsuit experience. The authorities adjacent issued a show-cause announcement owed to these complaints. However, the company’s proactive campaigns person successfully boosted sales.

Recent Updates from the VAHAN Portal

According to the Vahan portal, OLA Electric has registered 15,672 units sold (as of October 14, 2024), solidifying its enactment successful the electrical two-wheeler market. The company's marketplace stock has risen to 34 per cent, driven by beardown request for its S1 scooter portfolio.

Launch of New Service Campaign

Looking ahead, OLA Electric anticipates continued momentum, particularly during the Diwali season. In caller weeks, the institution has concentrated connected enhancing after-sales work and ownership experiences, peculiarly successful tier-2 and tier-3 cities, done the #HyperService campaign. This inaugural aims to supply a technology-driven, top-notch after-sales experience. According to the authoritative release, OLA Electric plans to grow its work web to 1,000 centers by December 2024.

Network Partner Program

The caller 'Network Partner Program' volition further heighten OLA Electric's competitory edge, arsenic per the release. This programme requires minimal concern from partners and tin beryllium scaled much rapidly than accepted dealership models. It aims to onboard partners to beforehand EV adoption and found seamless income and after-sales work centers.

Company Portfolio

- S1 Pro: Rs 1,34,999  
- S1 Air: Rs 1,07,499  

In summation to scooters, OLA Electric has introduced a scope of electrical bikes with its caller Roadster Series. This twelvemonth marks the debut of 3 electrical bikes: 

- Roadster X: Available successful 2.5 kWh, 3.5 kWh, and 4.5 kWh variants  
- Roadster: Available successful 3.5 kWh, 4.5 kWh, and 6 kWh variants  
- Roadster Pro: Available successful 8 kWh and 16 kWh variants  

Pricing for the bikes ranges from Rs 74,999 to Rs 1,99,999.