close
close

Mondor Festival

News with a Local Lens

Ola Electric to expand distribution network to 4,000 stores by December to boost business growth – ThePrint – ANIFeed
minsta

Ola Electric to expand distribution network to 4,000 stores by December to boost business growth – ThePrint – ANIFeed

Bengaluru (Karnataka) (India), December 2 (ANI): Ola Electric, the Indian electric vehicle (EV) company, has announced a massive expansion of its distribution network, aiming to take the number to 4,000 retail stores. by December 20, 2024.

This rollout, comprising over 3,200 new outlets alongside its 800 existing stores, is one of the world’s largest electric vehicle distribution expansions, underscoring Ola’s commitment to democratizing the adoption of electric vehicles in India.

The expanded network will cover all pin codes in the country, making Ola Electric the largest distributor of electric vehicles in India. All new stores will be equipped with co-located service facilities, further improving after-sales service for customers.

Bhavish Aggarwal, Chairman and Managing Director, Ola Electric, highlighted the importance of this expansion and said, “As India rapidly moves towards electric mobility, Ola Electric’s massive network expansion will be a pivotal moment in the country’s journey towards #EndICEAge. Through our extensive D2C network and network partner program touchpoints, we will cover the entire country beyond Tier I and Tier 2 cities. This will enable our best-in-class product offerings to democratize electric mobility, thus adding dynamism to the national electric vehicle economy.

Despite operating with a distribution network that is only one-fifth the size of that of traditional two-wheeler manufacturers, Ola Electric has retained its leading position in the market.

The company continues to challenge established players by leveraging its direct-to-consumer (D2C) model, innovative products and competitive pricing.

Ola Electric recently introduced its range of Gig and S1 Z scooters, comprising the Ola Gig, Gig+, S1 Z and S1 Z+, with prices starting at Rs 39,999.

Designed to meet diverse customer needs, these scooters feature durable designs, removable batteries and flexible solutions suitable for rural, semi-urban and urban users.

Deliveries are expected to begin in April and May 2025, with bookings now open for just Rs499. The company also offers a wide range of electric scooters, including the premium S1 Pro and S1 Air, as well as the mainstream S1 in terms of autonomy and performance.

Ola Electric’s store expansion is part of its broader strategy to accelerate the adoption of electric vehicles in the Indian hinterland, which dominates two-wheeler sales.

The recently launched #HyperService initiative complements this effort by ensuring comprehensive service coverage alongside the distribution network.

Additionally, Ola has rolled out a network partner program, aiming to onboard 10,000 partners for sales and service by the end of 2025, along with an EV service training program to train 1 lakh third-party mechanics across India. (ANI)

This report is automatically generated from the ANI news service. ThePrint assumes no responsibility for its content.