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Ola Electric to expand to 4,000 stores this Christmas as Govt focuses on green vehicles

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This year, Ola Electric unveiled three models of electric bikes - Roadster Pro, Roadster and Roadster X (ANI Photo/Ranjeet Singh)

The Green Bharat conclave concludes with the aim to shape the narrative for India’s transition to sustainable mobility by addressing the economic, environmental, and societal benefits of EVs, while tackling the key challenges hindering their adoption

Our Bureau

New Delhi

In a major boost to the green energy market, Ola Electric Mobility announced on Thursday that it will expand its stores to 4,000 locations on December 25, coinciding with Christmas Day. In a statement the company said, Ola Electric is set to expand its sales and service network to 4000 on December 25th, marking one of the fastest rollouts of EV distribution globally. With 3200+ new stores complementing its existing footprint, Ola Electric is bringing its portfolio of affordable, high-quality EVs closer to consumers across metros, Tier-2, and Tier-3 towns.

“Every town, every city, every tehsil or taluka, there will be an Ola Electric store and an Ola Electric service centre, so that every single Indian can buy an EV for his or her future,” the company’s founder Bhavish Aggarwal said in a video message.

The expanded network of stores and service centres will help the company tide over its customer servicing problems. “With EVs, you will save Rs 4,000 per month. Your savings will increase, and you’ll save money, with this savings wala scooter,” Aggarwal said.

Ola shares are about 40 per cent lower than their all-time high and 30 per cent higher than their all-time low. It closed at 95.15 per share today.

On Independence Day this year, Ola Electric, which was then in the news cycle for its much-awaited IPO, unveiled three models of electric bikes – Roadster Pro, Roadster, and Roadster X. It had also indicated the integration of Ola’s own batteries in its vehicles starting the first quarter of the next financial year.

Incorporated in 2017, it delivered Ola’s first electric vehicle scooter, the Ola S1 Pro, in December 2021

Meanwhile, the inaugural edition of Green Bharat, an annual conclave in collaboration with Ola Electric, concluded with the aim to shape the narrative for India’s transition to sustainable mobility by addressing the economic, environmental, and societal benefits of EVs, while tackling the key challenges hindering their widespread adoption.

This landmark event brought together policymakers, manufacturers, industry pioneers, and sustainability advocates to chart a unified roadmap for the future of electric mobility in India. Distinguished guests, including Nitin Gadkari, Union Minister of Road Transport & Highways, and Piyush Goyal, Union Minister of Commerce & Industry, graced the conclave as Guests of Honour.

Speaking at the event, Nitin Gadkari emphasised, “Over the years, we have achieved incredible progress in the green mobility segment. Our Honourable Prime Minister Narendra Modi’s ambitious vision for India’s sustainable future has set us on the right path, and the sky is truly the limit. With the current ecosystem of knowledge and wealth, coupled with an increasing number of young minds driving research and innovation, I am confident that India will become the largest EV manufacturing hub within the next five years.”

Piyush Goyal echoed this sentiment, stating, “India’s green mobility revolution is well underway, driven by transformative initiatives like FAME I and II, empowering the EV industry to achieve self-reliance and establish itself as a global manufacturing hub. As one of the world’s largest first-time vehicle markets, India holds a unique opportunity to lead the EV transition. The government is committed to fostering innovation, building robust infrastructure, and ensuring sustainability is at the core of every policy decision. Through Mission LiFE and a collective focus on green energy, we are driving towards a cleaner, greener, and more self-reliant future.”

Green Bharat is a transformative platform that fosters dialogue, collaboration, and innovation within the Indian EV ecosystem. Through multi-stakeholder discussions, it seeks to promote actionable solutions and policy advocacy that will help position India as a global EV hub.

The conclave also comprehensively analysed India’s EV landscape, exploring technological advancements, economic opportunities, and environmental imperatives. By addressing the challenges and identifying strategies to overcome them, Green Bharat aims to inspire collective action toward a greener, more sustainable future for the nation.  

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