Company type | Public |
---|---|
NSE: OLAELEC BSE: 544225 | |
Industry | Electric vehicles |
Founded | 2017 |
Founder | Bhavish Aggarwal |
Headquarters | , India |
Area served | India |
Key people | Bhavish Aggarwal (CEO) Anand Shah (Co-founder) |
Products | S1 X S1 Air S1 Pro |
Production output | 329,000 (FY24)[1] |
Services |
|
Revenue | ₹5,009 crore (US$600 million) (FY24)[1] |
₹−1,584 crore (US$−190 million) (FY24)[1] | |
Owners |
|
Number of employees | 3,733 (October 2023)[4] |
Website | olaelectric |
Ola Electric Mobility is an Indian electric two-wheeler manufacturer, based in Bangalore. It has a manufacturing facility located in Krishnagiri, Tamil Nadu. In 2023, the company led the electric scooter market in India, with a 30% share.[5]
Currently, it offers an electric scooter named Ola S1 in three variants named Ola S1 Air, Ola S1X and S1 Pro. The company plans to launch its electric motorcycle models in 2025.[6]