Ola Electric captivates Indian E-bike landscape with 52% of market share
Ola Electric has gotten the top situation in India’s electric bike market, directing a 52% offer in April 2024. As indicated by information from the Public authority’s VAHAN portal, the organization enlisted 34,000 units during the month, denoting a strong 54% year-on-year development.
Anshul Khandelwal, Chief Marketing Officer at Ola Electric, ascribes this accomplishment to their assorted bike portfolio and proficient expense structures.
The organization is outfitting to enter the standard electric bike market in India with the impending conveyances of their S1 X portfolio. The S1 X portfolio, offering three battery designs (2 kWh, 3 kWh, and 4 kWh), is presently estimated at 
69,999, 84,999, and 99,999 individually.
69,999, 84,999, and 99,999 individually.
Additionally, Ola Electric has raised the prices of its premium offerings, the S1 Pro, the S1 Air, and the S1 X+, to a total of 84,999, 1, 04,999, and 1,29,999, respectively.
Be that as it may, the development of electric bikes has hit a barricade because of a significant decrease in sponsorships and difficulties looked by a few OEMs, as featured by Sohinder Gill, Director General of SMEV – Society of Manufacturers of Electric Vehicle.
Due to complaints that two electric vehicle manufacturers had broken Phased Manufacturing Programme – PMP guidelines, the Central government has halted their pending subsidy claims under the FAME India Phase II scheme.
