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News In Brief Auto

Ola Electric launches 50 experience centers in a day

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Ola Electric launches 50 experience centers in a day
28 Mar 2023
5 min read

News Synopsis

Sunday had seen the opening of 50 New Ola Electric Stores, according to the company's CEO Bhavish Aggarwal's post on the Digital Platform Twitter. These stores were opened across different cities including the likes of Visakhapatnam, JP Nagar, Saharanpur, Lucknow, Kanpur, Jodhpur, Varanasi, and many others cities.

He added that Ola's clients were special guests at several shop openings.

50 stores opened on Sunday, launched by members of our community, fulfilling our goal to create locations near you across the nation. Who wants to open our next store?

The Electric Vehicle Manufacturer introduced the Ola S1 Air, a new line of electric scooters, a month ago. Three variations of the scooters in this category will be offered: 2KWh, 3KWh, and 4KWh. Also, it has unveiled a Brand-New S1 Model with a 2KWh battery pack that costs Rs 99,999.

At a presentation in February,  Aggarwal also suggested that the company would soon enter the E-Bike Market.

In a recent interview,  Aggarwal stated that Ola, which is also engaged in the ride-hailing industry, is now the Leading Business with the Biggest Market share of 60%. He also offered details about where the corporation is today and its huge push on electrification. The business owner also discussed the firm's IPO Prospects.

Ola Electric is now India's No. 1 EV Company by Revenue, even bigger than the four-wheeler EV Companies by Revenue. Last year, we scaled up manufacturing, our front-end [and] back-end. In January last year, we started selling. Last year was a very action-filled year for us at Ola Electric. It's a massive undertaking and it was very exciting. I have been very optimistic... not just optimistic.

TWN In-Focus