Ola Electric sells over 25,000 units in February, maintains leadership in EV 2-wheeler segment

Ola Electric

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

EV-maker Ola Electric announced on February 28 that it has sold over 25,000 units in February so far, backed by a strong S1 portfolio and sales-and-service network of 4,000 stores across the country.

In its press release said, the company further said that it has captured a market share of over 28 percent in the EV 2-wheeler segment.

Notably, this marks the second consecutive month during which the company maintained its position as the leader in India's electric two-wheeler (EV 2W) segment. It earlier held a 25 percent market share in January 2025.

A spokesperson for Ola Electric Mobility said, "We have successfully maintained a strong sales momentum & leadership position through the month of February. Owing to our wide scooter portfolio across mass and premium segments, and our network of 4,000 stores across India, we are now witnessing a strong uptick in demand beyond urban cities from Tier 3 & 4 towns. With our Roadster X deliveries scheduled next month, we are confident of further accelerating the EV adoption across the 2-wheeler category in India."

The company had recently announced the renegotiation of its contracts with its vehicle registration agencies, a move that temporarily affected registration numbers on the VAHAN portal during February 2025. The talks aim to reduce costs and streamline the registration process, the company said.

The electric two-wheeler maker on January 31 introduced its new S1 Gen 3 portfolio on its homegrown Gen 3 platform. The range starts at an introductory price of Rs 79,999 for the S1 X (2kWh) and goes up to Rs 1,69,999 for the flagship S1 Pro+ 5.3 kWh model.

Later on February 5, the company announced that it is entering the EV motorcycle segment with its Roadster X series. Prices for the Roadster X start at Rs 89,999 for the base model, going up to Rs 1,09,999 for the top variant.