Ola Electric vehicle registrations up 74% at 41,605 units in October

The company said it has started a campaign to double its company-owned service network to 1,000 centres by December 2024

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26 Aug, 2025 12:21

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Ola Electric on November 1 recorded a 74 percent year-on-year jump in registrations in October at 41,605 units (as per vahan data), cementing its leadership in the EV two-wheeler segment, the company said in a statement.

The firm has a market share of 30 percent, dominating the EV 2W segment in India, according to the statement. The registration numbers are as per Vahan data, it added.

Also read: E2W sales shoot up to 1.32 lakh units in October, TVS Motor reclaims second spot from Bajaj Auto

"The festive season has been really strong for us on the back of our expansive portfolio, uptick in consumer demand, and the strengthening of our sales network across India. We have witnessed an increase in EV adoption especially in Tier 2 and 3 markets and we are confident that this positive growth will cascade in the coming months as well," a spokesperson of Ola Electric Mobility Ltd said.

The company said it has started a campaign to double its company-owned service network to 1,000 centres by December 2024. Also, as part of the network partner programme, it will onboard 10,000 partners across sales and service by the end of 2025.

With PTI inputs