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‘Ola’s market share in electrical 2W market crosses 30% in December’

by Editor
January 3, 2023
in News
0
‘Ola’s market share in electrical 2W market crosses 30% in December’
Although December was generally a slow month for automobile sales, Ola registered record sales for any EV manufacturer in the country by selling more than 25,000 units, led by Ola S1 scooters, in the month, the company said.

Though December was usually a sluggish month for vehicle gross sales, Ola registered file gross sales for any EV producer within the nation by promoting greater than 25,000 models, led by Ola S1 scooters, within the month, the corporate stated.
| Photograph Credit score: BY SPECIAL ARRANGEMENT

Ola Electrical on Monday stated its market share within the electrical two-wheeler market crossed greater than 30% in December 2022.

Though December was usually a sluggish month for vehicle gross sales, Ola registered file gross sales for any EV producer within the nation by promoting greater than 25,000 models, led by Ola S1 scooters, within the month, the corporate stated in a launch.

With constant development in gross sales, Ola has been profitable in growing its market share to upwards of 30% in December, it stated.

Bhavish Aggarwal, Founder and CEO, Ola Electrical, stated, “2022 has confirmed to be the inflection level in India’s journey in the direction of changing into a world EV hub. If final 12 months has proven us the true potential of India’s EV market, subsequent 12 months is poised to open the floodgates for EVs within the nation.”

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