Ola Electric Achieves Record-Breaking 31,000 EV Registrations In January

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A file photo of Ola Electric's S1 Electric Scooter

Ola Electric reported more than 31,000 registrations in January, maintaining a dominant market share of around 40% in the electric two-wheeler segment.

This marks the highest monthly registrations for the company and represents a remarkable year-on-year growth of over 70%.

In January, Ola Electric surpassed its own record from December, when it became the first electric two-wheeler manufacturer to achieve 30,000 registrations in a single month.

Anshul Khandelwal, Chief Marketing Officer at Ola Electric, expressed enthusiasm for the strong start to 2024 and credited the success to their robust product lineup, including the S1 Pro, S1 Air, and S1 X+.

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