Ola Electric sells 25,000 units in February, retains 28% market share

The electric vehicle (EV) maker said this was backed by a strong S1 portfolio and a sales-and-service network of 4,000 stores across the country

Ola Electric, the electric vehicle (EV) company, said it sold more than 25,000 units in February with a market share of over 28 per cent, cementing its market leadership in the EV two-wheeler (2W) segment.

 

The company said this was backed by a strong S1 portfolio and sales-and-service network of 4,000 stores across the country.

 

“We have successfully maintained a strong sales momentum and leadership position through the month of February. We are now witnessing a strong uptick in demand beyond urban cities from Tier-3 and 4 towns,” said an Ola Electric Mobility Limited spokesperson.

 

“With our Roadster X deliveries scheduled next month, we are confident of further accelerating the EV adoption across the 2W category in India,” the spokesperson said.

 

 

The company 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 negotiations aim to reduce costs and streamline the registration process.

 

Ola Electric also launched its flagship Gen-3 portfolio. The all-new portfolio starts at ₹79,999 for S1 X (2kWh) and goes up to ₹169,999 for the S1 Pro+ 5.3kWh (introductory prices). The company also rolled out its MoveOS 5 beta, unlocking a host of new features, including brake by wire, smart park, DIY ride modes, Bharat mood and Live location sharing.

  The company recently entered the EV motorcycle segment with its Roadster X series. The all-new Roadster X series starts at ₹74,999 for the Roadster X, ₹104,999 for the Roadster X+ 4.5kWh, and ₹154,999 for the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that offers an unrivalled range of 501 km/charge.