City
Epaper

Ola Electric pips rivals, becomes top Indian e-scooter firm

By IANS | Updated: May 3, 2022 19:45 IST

New Delhi, May 3 Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market ...

Open in App

New Delhi, May 3 Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter.

According to the government's Vahan portal data, Ola registered 12,689 e-scooter units in April, higher than the previous segment leader, Hero Electric.

Ola registered 39 per cent growth in April over the previous month.

At second spot, Okinawa Autotech registered about 10,000 e-scooters while Hero Electric registered 6,571 units to be placed third.

"Ola market share: No.1! We're shaking up the incumbents and vested interests. They better focus on their products rather than fake narratives against us! Customers and markets have voted for facts and truth. We're just getting started," tweeted Ola Founder and CEO Bhavish Aggarwal.

Ola is also gearing up to launch its e-scooters in global markets, and has revealed plans to launch an electric car by 2024.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: New DelhiHero ElectricOla ElectricBhavish AggarwalThe new delhi municipal councilDelhi south-westOkinawaNew-delhi
Open in App

Related Stories

Social ViralViral Video: Snake Found Inside Train Toilet, Internet Reacts

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

NationalNew Delhi Railway Station Sees ‘Stampede-Like’ Chaos Due to Train Delays (Watch)

BusinessOla Electric Job Cuts: Bhavish Aggarwal’s EV Firm To Layoff 1,000 Employees Amid Rising Losses

Technology Realted Stories

TechnologyStates asked to undertake regular screening to tackle rising fatty liver disease: Nadda

TechnologyAgra-born man to fly on Blue Origin’s next flight to edge of space

TechnologyWhat is ISRO’s 10-day HOPE analogue mission in Ladakh

TechnologyNFDC launches free residential VFX, animation training for Northeast youth

TechnologyKharif sowing up 4 pc, agriculture gross value added may rise 4.5 pc: Report