New Delhi. Registration of Ola Electric vehicles increased by 115 percent to 328,785 units in the financial year 2023-24 compared to the financial year 2022-23. In the financial year 2023, 1,52,741 vehicles of the company were registered. The company gave this information on Monday. In the fourth quarter of the financial year 2023-24, 119,310 vehicles were registered, which is 42 percent more than 84,133 vehicles in the third quarter.
Bhavish Aggarwal, founder and chairman of Ola, said in a post on X, ‘It crossed 50 thousand for the first time by touching the figure of 53 thousand registrations in March. There was a huge growth of 30 percent in the EV industry in FY 2024 and the proportion of EV vehicles crossed nine percent in March.
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Anshul Khandelwal, Chief Marketing Officer, Ola Electric, said, ‘The fact that we have recorded approximately 1.20 lakh registrations in the fourth quarter of FY 2023-24 reflects our strong scooter portfolio, and we aim to continue the growth path. And to contribute more in the country’s electrification journey.
Ola Electric has also launched an extended battery warranty of eight years/80 thousand km for the entire range of its vehicles at no additional cost.
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Tag: auto news, electric scooter, electric vehicle
first published : April 1, 2024, 7:19 pm IST
