EV start-up Ola Electric has announced the opening of its 500th Experience Centre (EC) in Srinagar, Jammu and Kashmir, as part of its strategy to expand its direct-to-consumer (D2C) presence in the country. Ola, which is present in around 300 cities currently, aims to take the total number of showrooms to 1,000 by August 2023.
Although the company now has 500 showrooms across the country, a significant portion of its sales still come from its website and app. The company claims its omnichannel approach has facilitated EV accessibility throughout India, particularly in remote areas, where EVs were previously unavailable.
Anshul Khandelwal, CMO, Ola Electric said, “The opening of our 500th store signifies not only a celebration of our accomplishments, but also serves as a reminder of the challenges that still lie ahead.” He further added that they would continue to work towards a sustainable future for India.
Ola currently wrests 40 percent of India’s EV scooter market. Last month, the company recorded its highest-ever monthly sales, selling over 30,000 units and cementing its position at the top of the two-wheeler EV sales table for the eighth consecutive month.
Rishaad Mody
Ved Janve
Azaman Chothia
Vishal Venugopal
Dinshaw Magol
