Ola, the biggest manufacturer of electric two-wheelers, saw a respectable increase in sales in November 2023. The brand confirms the story by stating that the company recorded its biggest monthly sales during the festive season last month, raising the growth benchmark slightly from the previous season.
According to the brand, it is still the market leader in the battery-powered car class, having registered 30,000 vehicles last month (based on Vahaan data). Additionally, the brand has notified it that YoY and MoM growth has reached 30 and 82 percent, respectively.
Ola Sales Breakthrough in November
According to the company, they shot to the top with outstanding sales figures. Since September 2022, the recently unlocked milestone has been reached five times in a row.
This Was the Top Official’s Reaction on Ola
Anshul Khandelwal, Chief Marketing Officer of Ola, responded to the sales figures by saying, “The tremendous sales performance is evidence of the confidence customers have in our brand and our robust product lineup.” With our highest-ever registrations, we have unmistakably become our clients’ first option. We anticipate that this trend will continue in December when we close the year at a record high. In the scooter market, we are unwavering in our resolve to hasten India’s transition to green transportation and get one step closer to #EndICEAge.
Ola E-Scooter Portion
Ola has been trying to attract users by offering the newest models of electric scooters. The company has released S1 Air and S1 Pro 2nd Generation recently. The feature-rich e-bikes, which were formerly priced at Rs 1.19 (ex-showroom) and Rs 1.47 lakh (ex-showroom), have been removed from the market.