Ola Electric is rolling into 2025 with a bang. The company sold over 25,000 units in February, grabbing a 28% slice of India’s electric two-wheeler (EV 2W) market. That’s straight from their press release on February 28, 2025. It’s their second month in a row leading the pack. January saw them with a 25% share, and now they’ve bumped it up.
What’s Driving the Surge?
- S1 Portfolio: Covers mass and premium models—something for everyone.
- Store Network: 4,000 stores across India, from big cities to small towns.
- Demand Spike: “We are now witnessing a strong uptick in demand beyond urban cities from Tier 3 & 4 towns,” a company spokesperson told.
This combo keeps Ola Electric wheels spinning fast. They’re reaching places others haven’t tapped yet.
- Sales: Over 25,000 units in February 2025.
- Market Share: 28% of the EV 2W segment.
- Network Reach: 4,000 sales-and-service stores nationwide.
Compare that to January’s 22,656 registrations (Vahan data) and a 25% share. They’ve added a few thousand units and a few points in just a month. That’s a 65% jump from December’s 13,769 units, showing they’re on a roll.
New Rides on the Horizon
Ola’s not resting on its laurels. They’re gearing up to deliver the Roadster X next month. “With our Roadster X deliveries scheduled next month, we are confident of further accelerating the EV adoption,” the spokesperson added. Unveiled at the August 2024 ‘Sankalp’ event, the Roadster lineup is available in 2.5 kWh, 3.5 kWh, and 4.5 kWh variants. It’s based on their Gen 3 platform, which is said to offer improved range and reliability. That would ruffle more feathers.
The Bigger Picture
India’s electric two-wheeler segment is abuzz. Total sales hit 11,48,415 units in 2024, up 34% from 8,60,400 the year before. Ola led with a 35% yearly share, selling 4,07,547 units. February’s 25,000+ keeps them ahead, but rivals like TVS (23% in Dec) and Bajaj (25% in Dec) are nipping at their heels. Ola’s 28% this month shows they’re holding strong, even as competition heats up.
Challenges and Fixes
It hasn’t all been smooth riding. Ola renegotiated contracts with registration agencies in February to cut costs, which briefly messed with Vahan numbers. They say it didn’t dent sales, though. Service hiccups have popped up too—HSBC noted overwhelmed stations last year—but Ola’s expanding its network to fix that.
What’s Next?
Ola’s betting big on growth. With Roadster X hitting roads soon and 4,000 stores already in play, they’re pushing deeper into smaller towns. India’s aiming for 30% EV sales by 2030, and Ola’s 28% share this month is a hefty shove in that direction. They’re not just selling scooters—they’re driving a shift. February’s numbers prove they’ve got the juice to keep leading.
