Ola Electric, India’s leading electric two-wheeler manufacturer, reported sales of 25,000 units in February 2025, marking a 25.86% decline year-on-year compared to the 33,722 units sold in February 2024. Despite the drop, the company maintained its dominant position with a 28% market share in the electric two-wheeler segment.
The company attributed the temporary dip in sales to its ongoing renegotiations with vehicle registration agencies, which impacted registration numbers on the VAHAN portal. Ola Electric clarified that these negotiations were part of a broader strategy to streamline operations and reduce costs. However, on a month-on-month basis, sales remained stable, with 24,330 units retailed in January 2025, indicating sustained demand for the brand’s offerings.
Expanding Footprint Beyond Urban Markets
Ola Electric emphasized its growing presence in Tier 3 and 4 cities, citing an uptick in demand beyond metro areas. A company spokesperson stated, “We have successfully maintained a strong sales momentum and leadership position through February. Our wide scooter portfolio, spanning mass and premium segments, coupled with our extensive network of 4,000 stores across India, has fueled growth beyond urban markets. With deliveries of the Roadster X scheduled for next month, we are confident in accelerating EV adoption in the two-wheeler segment.”
New Launches: S1 Gen 3 Scooters and Roadster X
February saw the introduction of Ola’s Gen 3 S1 electric scooter lineup, priced between ₹79,999 and ₹1.70 lakh (introductory, ex-showroom). The company also unveiled its first-ever electric motorcycle, the Roadster X, with a price range starting at ₹74,999 and going up to ₹1.55 lakh (ex-showroom). While Roadster X sales are yet to commence, Ola Electric is optimistic about its potential to further drive EV penetration in India.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
