Despite just recently getting into the electric scooter market, Ola Electric has already become the market leader in the segment. The popular ride hailing service has managed to take the lead, even amidst backlash over recent fire related accidents of its EVs.
To take the throne, the company even overtook the former market leader Hero Electric. According to the Vaahan Portal of the Ministry of Road Transport and Highways (MoRTH), the brand managed to sell 12,683 units of its electric scooters just last month, which marked a month on month rise of 39 percent over March 2022. Furthermore, Ola Electric has also recorded significant growth in EV sales even amid scrutiny from the government and complaints over its newly launched e-scooters.
For those unaware, we had previously reported on S1 Pro owners complaining of issues and bugs like the reverse mode. We had even covered the e-scooter catching fire in Pune and a man parading around the S1 Pro with a donkey after it stopped functioning mere days after it was purchased. The company is relatively young and had first launched the S1 Pro back in August 2021. Since then, it had seen robust orders and pre-orders for its latest release.
And despite fears of electric vehicle’s fire safety in India, the company managed to see a sharp sales rise even in the month of March 2022. On the other hand, Okinawa Autotech was the runner up in terms of sales while Hero Electric declined to the third spot after seeing a sharp fall of around 50 percent tin April 2022.
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