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Ola Electric sold 3.26 lakh E2Ws in FY24.
India’s largest electric two wheeler (e2w) maker, Ola Electric reports record number of sales in January 2024.
The Delhi government attributes this success to its ambitious Electric Vehicle Policy, which was launched by Chief Minister Arvind Kejriwal in August 2020.
Ola Electric and Ather Energy are the only two players which had entered the E2W industry as small players and have managed to cement their foothold in the this industry.
The Centre is now contemplating steps to penalise about half a dozen companies that manufacture electric two-wheelers that were hauled up for claiming subsidies originally designed to encourage the adoption of electric vehicles
