Ola Electric sells 25,000 units during February 2025, maintains 28% market share

EV giant Ola Electric today announced that it has sold more than 25,000 units in February 2025 with a market share of over 28%, cementing its market leadership in the EV 2W segment.

Last month, the Bengaluru-based company reported a 25% market share as it registered the sale of 24,341 units (according to VAHAN data).

“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," the company's spokesperson said. 

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

Renegotiation of contracts with agencies

Ola Electric 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 company said the negotiations aim to reduce costs and streamline the registration process.

Recent expansion of product portfolio

Ola Electric also launched its flagship Gen-3 portfolio taking the technology play in EVs to the ‘Next Level’. The all-new portfolio starts at Rs 79,999 for S1 X (2kWh) and goes up to Rs 1,69,999 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, Live Location Sharing, and much more. 

It recently entered the EV motorcycle segment with its Roadster X series. The all-new Roadster X series starts at Rs 74,999 for the Roadster X, Rs 1,04,999 for the Roadster X+ 4.5kWh, and Rs 1,54,999 for the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that offers an unrivalled range of 501 km/charge.