Ola Electric Sells Over 27,000 Units In March, Captures 30% Market Share
Ola Electric , the electric vehicle (EV) arm of ride-hailing giant Ola, has made a strong start in the Indian EV market. The company has announced that it sold over 27,000 units of its flagship electric scooter in March 2022, capturing a 30% market share in just one month. This is a remarkable achievement for the Bengaluru-based start-up, which launched its first electric scooter just six months ago. The Ola electric scooter has been well-received by customers for its affordable pricing, long-range, and sleek design. The company claims that its electric scooter can travel up to 100 km on a single charge and can be charged up to 50% in just 18 minutes. Ola Electric has also been aggressively expanding its charging infrastructure across the country. The company has already set up more than 200,000 charging points in over 400 cities and plans to set up 1 million charging points by 2023. This move is aimed at addressing the biggest challenge in the adoption of EVs in India - the lac...