Ola Electric registers 3,44,005 units in FY25

Ola Electric, India's largest pure-play EV company, today announced that it registered 3,44,005 units in FY25 with a market share of 30%, maintaining its leadership position in the E2W industry. The company also shared that it registered 23,430 units for the month of March 2025 (as per VAHAN), with strong demand across urban and rural markets.

Furthermore, the company shared that it has nearly cleared the February backlog and expects to complete the remaining February-March registrations in April 2025.

Spokesperson, Ola Electric, said, "Ola Electric continues to see strong demand across urban and rural markets during March 2025. We've nearly cleared the February backlog and are rapidly scaling operations to complete all pending registrations. The response to our Gen 3 portfolio has been phenomenal, exceeding all expectations and pushing us to significantly ramp up production. At Ola, we remain focused on execution excellence and delivering a seamless ownership experience as we drive India's EV revolution forward"

Ola Electric recently announced the commencement of deliveries for its S1 Gen 3 scooter portfolio across India. The Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability. The entire portfolio now sports a mid-drive motor and chain drive for optimised performance and reliability, and an integrated MCU (Motor Control Unit) for better range and efficiency.

Over the Gen 2, Gen 3 offers 20% increase in peak power, 11% reduction in cost, and 20% increase in range. The Gen 3 platform also introduces the category-first dual ABS (Anti-lock Braking System), and patented brake-by-wire technology for EV scooters which applies brakes based on the brake position sensor and dynamically modulates the type of braking between regenerative and mechanical braking. This patented technology offers unmatched safety, control, and highly efficient braking in all riding conditions and increases energy recovery by 20%.

The all-new S1 Gen 3 portfolio starts at ₹79,999 for S1 X (2kWh) and goes up to ₹1,69,999 for the S1 Pro+ 5.3kWh (with 4680 Bharat Cell).

Shares of OLA Electric Mobility Limited was last trading in BSE at Rs. 52.97 as compared to the previous close of Rs. 55.07. The total number of shares traded during the day was 2634824 in over 7492 trades.

The stock hit an intraday high of Rs. 55.70 and intraday low of 52.50. The net turnover during the day was Rs. 142565544.00.

Source : Equity Bulls

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INE0LXG01040 OLAElectricMobility TwoWheelers ThreeWheelers ElectricVehicles FY2025 SalesVOlume