Ola Electrical on Monday mentioned its market share within the electrical two-wheeler market crossed greater than 30% in December 2022.
Though December was usually a gradual month for vehicle gross sales, Ola registered report gross sales for any EV producer within the nation by promoting greater than 25,000 items, led by Ola S1 scooters, within the month, the corporate mentioned in a launch.
With constant progress in gross sales, Ola has been profitable in growing its market share to upwards of 30% in December, it mentioned.
Bhavish Aggarwal, Founder and CEO, Ola Electrical, mentioned, “2022 has confirmed to be the inflection level in India’s journey in direction of changing into a worldwide EV hub. If final yr has proven us the true potential of India’s EV market, subsequent yr is poised to open the floodgates for EVs within the nation.”