Ola Electric has announced the opening of 3,200 new outlets, bringing its total number of showrooms and service centers to 4,000
The move aims to expand EV usage beyond metro and Tier I and II cities to include smaller towns and tehsils across the country
Bhavish Aggarwal, Ola Electric's founder and managing director, stated in an X post that "#SavingsWalaScooter is now accessible to every Indian."
Ola has created a limited edition electric scooter called the 'Ola S1 Pro Sona'
It features 24-karat gold-plated parts and a bespoke MoveOS dashboard that allows customers to personalise ride modes and settings
Ola Electric has also released the beta version of MoveOS 5 which is powered by Ola Maps
It has features like group navigation, live location sharing, road trip mode, smart charging, and tire pressure monitoring system (TPMS) warnings
Ola's market share in the EV 2W segment fell to 24% in November from 46.1% in June, according to Vahan data
In recent months, Ola's public image has deteriorated due to poor after-sales support, a government investigation, and safety issues with its vehicles
Ola Electric lost INR 495 crore in the second quarter of the current fiscal year (Q2 FY25) while earning INR 1,214 crore in operating revenues