The EV craze has started since the COVID outbreak relaxed in India and for over a year now India is booming with record EV sales be it two-wheelers or four-wheelers. However, there’s a slight edge to two-wheeler EVs because of the government subisides people are going for them because there’s no range anxiety because most people use them for daily commute which won’t require more than 100km of riding daily.
As tech gets even better with time and Made-in-India batteries gain spotlight, the price-to-performance ratio of upcoming two-wheeler EVs will spike all of a sudden. Coming back to our discussion, scooters have seen a huge boom in sales expecially when it comes to EVs because multiple brands like Okinawa, Hero Electric, Ampere, Ola and others have bagged into the race of providing best scoooter EVs to consumers. But thanks to Ola, because of its genius product, marketing and pricing, they have come a lot way in a short span of time.
OLA captures 50% market share of Premium Scooters as of November 2022
Yes, as per recent tweet from its CEO Bhavish Aggarwal, OLA is easily one of the largest two-wheller EV maker in India and in this premium scooter market which is consistently favouring EVs now, OLA is by far the biggest maker of it.
Commanding of about 50% market share as of November 2022, OLA is totally changing the game and is not stopping by the launch of Ola S1 Air, S1, and S1 Pro. Now with support for hypercharging network people are able to ride 50km with just 15min of charging but yes, the huge market of India is opening up and electrifying with time where OLA continues to grasp handsome market share in the scooters space.
