Ola Electric CEO Reports 30% Increase in Sales; Staff “Working More Than 70 Hours” To Fulfill Demand

Ola Electric’s CEO, Bhavish Aggarwal, announced on X on Wednesday that the company is off to a great start to the holiday season. The company’s sales increased by about 30% in October over September, according to the CEO. He claimed that all staff at the Futurefactory are now working more than 70 hours a week to meet the increase in demand brought on by the holiday season, and he ascribed the achievement to their unwavering efforts. 

The allusion to “70 hours a week” is in reference to recent remarks made by NR Narayana Murthy regarding the work culture in India, which have caused a sensation on social media. 

Ola Electric Dominates The 2-Wheeler EV Market As Registrations Cross 1 Lakh Mark In May

What did the Ola Electric CEO tweet?

”Excellent start to the holiday season from the @OlaElectric crew! Over 30% more was sold in October than in September! Everyone at Futurefactory is working over 70 hours a week to meet all of the demands as it operates at full capacity! He posted on X, “2023 is going to be a landmark year for EVs in India.” 

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Mr. Aggarwal tweeted last week about the notable spike in sales of electric scooters during the holiday season. ”Every 10 seconds,” he claimed, his company had sold a scooter.

In the Indian market, Ola Electric offers a wide range of five electric scooters. The S1 Air, S1 Pro Gen2, and S1X are the three new models that Ola Electric released in August. Each model comes in three distinct versions. With price ranges ranging from ₹90,000 to ₹1.47 lakh (ex-showroom), this wide range of vehicles caters to a wide spectrum of consumers.

Notably, Mr. Aggarwal had previously supported Mr. Murthy’s counsel, which is currently the subject of a lengthy discussion on X. I wholeheartedly concur with Mr. Murthy’s opinions. We shouldn’t be taking this opportunity to relax and work less. Instead, he stated, “This is our chance to fully commit and construct in a single generation what other nations have built over many generations.” 

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He tweeted another image of himself outside the plant with the caption, “Putting in the hours.” Not just 70, but nearly 140! Just have fun—no weekends!

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