
Ola Electric pips competitor, becomes top Indian e-scooter firm
CIOtechOutlook Team | Wednesday, 04 May 2022, 03:45 IST
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.
CIO Viewpoint
Why Foolproof Facial Recognition Is Key Against...
By Joseph Sudheer Thumma, Global CEO & MD, Magellanic Cloud
National Technology Day 2025: Powering Progress...
By CIOTech Outlook Team
Aligning IT Roadmap with Business Objectives: A...
By Subhash singh Punjabi, CISO & Head Enterprise Architecture, Deepak Fertilisers & Petrochemicals Corporation Ltd
CXO Insights
GAZING INTO MY CRYSTAL BALL: Healthcare...
By Dr. Vishal Rajgarhia, Director, Finecure Pharmaceuticals Limited, Chairman, ASSOCHAM Pharma Council, Director, Ecuador India Cha
How Intelligent Swabs Saves Lives Post-Surgery
By Dr. Sreeram Srinivasan, CEO, Syrma Technology Private Limited
INTELLIGENT CONNECTED CARE: The Future Of...