Ola sells 24,000 units in October 2023, a remarkable achievement
Impressive achievement: Over 2 lakh electric scooters sold within 10 months of CY2023, underscoring growing demand for eco-friendly transportation.
Ola Electric has made headlines with its outstanding sales performance for the month of October. According to Vahan data, the company achieved a significant milestone by selling 24,000 units, securing an impressive market share of nearly 35 percent.
Festive Season Boost
Notably, Ola Electric witnessed a remarkable 2.5X growth in sales during the festive period encompassing Navratri and Dussehra when compared to the same period in the previous year. This upsurge in sales suggests a growing appetite for electric vehicles (EVs) in India. The company is optimistic about sustaining this momentum throughout the festive season and anticipates a surge in sales in the coming months.
In a groundbreaking achievement, Ola Electric managed to sell over 2 lakh electric scooters within the first ten months of CY2023, according to Vahan data. This accomplishment makes Ola Electric the first-ever EV company in India to reach this milestone, solidifying its position as a leader in the electric mobility sector.
Anshul Khandelwal's Perspective
Anshul Khandelwal, Chief Marketing Officer at Ola Electric, expressed his excitement about the remarkable performance during the festive season. He noted, "This festive season has been incredible for EVs. We have seen a bumper growth in sales during Navratri and Dussehra." During this festive period, customers have been enjoying attractive offers on Ola electric scooters. Khandelwal added, "Diwali is around the corner, and we expect the pace of sales to increase further."
Bharat EV Fest
To further entice customers, Ola Electric introduced the Bharat EV Fest, commencing on October 16th. As part of this festival, the company is offering extended warranties of up to 5 years on the battery of its S1 Pro second-generation scooter at no additional cost. Additionally, the battery of the S1 Air electric scooter comes with a 5-year warranty and a 50 percent discount.
The festive season is synonymous with special offers and discounts, and Ola Electric is no exception. The company is providing an exchange bonus of up to Rs 5,000 during the EV Fest. Furthermore, Ola Electric is extending a discount of up to Rs 7,500 on select credit cards.
Test Riding Scheme
Ola Electric is making the festive season even more exciting with its test riding scheme. The company is offering one lucky customer the opportunity to receive an Ola S1X scooter for free.
In line with its commitment to customers, Ola Electric is providing enticing schemes such as zero down payment, zero-cost EMI, and zero processing fees for those purchasing Ola electric scooters. These customer-centric offers underscore Ola Electric's dedication to making EVs more accessible and appealing to a broader audience.
Ola Electric's impressive sales figures, innovative offers, and commitment to customer satisfaction position it as a significant player in India's electric mobility revolution. As the festive season unfolds, the company is poised to continue its upward trajectory in the EV market.