Monday, February 3, 2025

Ola Electric Holds 25% of India’s EV Two-Wheeler Market

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Ola Electric, led by Bhavish Aggarwal, has strengthened its position as the top electric two-wheeler brand in India, securing a 25% EV market share in January 2025. According to VAHAN data, the Bengaluru-based company recorded 24,341 registrations, marking a 76.4% month-on-month growth.

One of the key reasons behind Ola’s success is its growing sales and service network, which now includes 4,000 stores nationwide. By expanding beyond tier-1 and tier-2 cities, Ola is making electric scooters more accessible to people across India.

A company spokesperson called this a strong start to 2025, highlighting the impact of Ola’s latest Gen 3 electric scooter portfolio.

Launch of Gen 3 Electric Scooters

Ola recently launched its Gen 3 series, offering a wide range of premium and budget-friendly electric scooters:

  • S1 Pro+ (5.3kWh) – Rs 1,69,999
  • S1 Pro+ (4kWh) – Rs 1,54,999
  • S1 Pro (4kWh) – Rs 1,34,999
  • S1 Pro (3kWh) – Rs 1,14,999
  • S1 X (2kWh) – Rs 79,999
  • S1 X (4kWh) – Rs 99,999
  • S1 X+ – Rs 1,07,999

This new lineup caters to both premium buyers and budget-conscious customers, ensuring wider adoption of electric vehicles (EVs).

Along with the new Gen 3 models, Ola continues to sell its Gen 2 scooters with discounts of up to Rs 35,000. The pricing for these models starts at Rs 1,14,999 for the S1 Pro and Rs 69,999 for the S1 X (2kWh).

Gen 3 Scooters: Improved Features and Technology

The new Gen 3 scooters introduce significant upgrades:

  • Mid-drive motors with chain drives for better efficiency
  • Integrated motor control units for 20% more peak power
  • Dual ABS braking system – a first for Indian electric scooters
  • Brake-by-wire technology that smartly switches between regenerative and mechanical braking, improving safety and energy recovery by 15%

Upcoming MoveOS 5 Software Update

Ola Electric plans to release its MoveOS 5 beta update in mid-February 2025, bringing advanced features like:

  • Smartwatch app integration
  • Smart Park mode
  • Road Trip Mode (powered by Ola Maps)
  • Live Location Sharing
  • Emergency SOS

These software updates will further enhance user experience and make Ola’s electric scooters even smarter.

Past Launches and Future Plans

In 2024, Ola introduced the Gig and S1 Z series, featuring removable battery options for both personal and commercial use. The company also unveiled its much-anticipated Roadster motorcycle series, offering battery capacities of up to 16kWh.

With continuous innovations and aggressive expansion, Ola Electric is leading India’s transition towards electric mobility. The company aims to drive the adoption of EVs and make India a global leader in sustainable transportation.

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