Ola S1 Range Crosses 36,000 Registrations In June 2024

  • Published July 3, 2024
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The brand has also seen over 2 lakh registrations in 2024, allowing it to take over 46 percent market share in the two-wheeler EV segment

Ola Electric Crosses 36,000 Registrations In June 2024, Ola Electric Takes 46 Percent Market Share In Two-Wheeler EV Segment

  • Ola Electric has recorded 36,716 registrations during the month of June 2024
  • The total number of registrations in 2024 has crossed 2 lakh which makes Ola the first brand to do so
  • Ola now has 46 percent market share in the two-wheeler EV segment

Ola Electric has achieved quite a few milestones recently, and the brand has managed to gain 46 percent market share in the electric two-wheeler segment. The brand has recorded 36,716 registrations during the month of June 2024, continuing its dominance in the electric two-wheeler segment with a market share of 46%.

The brand has also surpassed 2 lakh registrations in 2024, registering 2.28 lakh registrations so far. This makes Ola the first two-wheeler EV manufacturer to achieve this milestone within the first half of a calendar year. 

The brand has recorded a growth of 57 percent in the first Quarter of the 2025 financial year (starting from May) when compared to the last one.The company has seen 1.08 lakh registrations in the first quarter of this financial year which ended in June 2024. That said, It is important to note that these are registration numbers and not actual sales figures. 

Ola currently offers a variety of different e-scooters. Here’s a detailed breakdown of their prices:

Variant

Current Price

S1 Pro

Rs 1,28,999

S1 Air

Rs 1,01,499

S1 X (4kWh)

Rs 99,999

S1 X+ (3kWh)

Rs 84,999

S1 X (3kWh)

Rs 85,999

S1 X (2kWh) 

Rs 74,999

It's important to note that all prices listed above are ex-showroom rates (including Electric Mobility Promotion Scheme Subsidy or EMPS). Actual prices in your city may vary, for a better picture of the prices it is best to call up the nearest dealership.

In other news, Ola has announced that they will be using lithium-ion batteries that will be manufactured in-house, from 2025. The brand also revealed new details about their electric bikes. Here are the details.

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