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EV stock to watch after it sells 25,000 EVs in February 2025; Maintains 28% market share

EV stock sold 25,000+ units in February 2025, securing a 28% market share. Expanding into Tier 3 & 4 cities, it strengthens leadership with a robust sales network & new launches.
EV stock sold 25,000+ units, securing 28% share, expanding in Tier 3 & 4 cities.
EV stock sold 25,000+ units, securing 28% share, expanding in Tier 3 & 4 cities.

Introduction:

EV stock sold over 25,000 units in February 2025, maintaining a 28% market share in the two-wheeler segment. With a strong sales network and new product launches, the company is expanding into Tier 3 and 4 cities, reinforcing its leadership in India’s growing EV market.

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Share Price movement of Ola Electric Mobility:

On February 28, 2025, Ola Electric Mobility Limited opened at ₹55.99, reaching a high of ₹57.11 and a low of ₹55.68, down 1.79% from its previous close of ₹56.92. Currently, it is trading at ₹55.90, with a market cap of ₹24,656.54 crore.

Ola Electric Mobility maintains 28% market share:

Ola Electric sold over 25,000 units in February 2025, securing a 28% market share in the EV two-wheeler segment. With a strong S1 portfolio and a sales network of 4,000 stores, the company continues to expand its reach, especially in Tier 3 and 4 cities.  

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The company recently renegotiated contracts with vehicle registration agencies to streamline the registration process and reduce costs, temporarily affecting VAHAN portal numbers. Ola also launched its Gen-3 EV portfolio, featuring models ranging from ₹79,999 to ₹1,69,999, along with MoveOS 5 beta, introducing advanced features.  

Expanding into the EV motorcycle segment, Ola introduced the Roadster X series, starting at ₹74,999. The top model, Roadster X+ 9.1kWh, featuring 4680 Bharat Cell, boasts a 501 km range. These innovations reinforce Ola Electric’s leadership in India’s evolving EV market.

Also Read: Electrical equipment stock jumps 6% after receiving order worth ₹2,752 Cr in transmission and distribution sector

Recent news About Ola Electric Mobility:

Ola Electric has announced the installation of 1,000 new Hyperchargers across India, enhancing its fast-charging network for electric two-wheelers. This expansion aims to support growing EV adoption, ensuring quicker and more accessible charging solutions for users nationwide.

Stock performance of Ola Electric Mobility  for Period of 1 week, 6 months and 1 year:

Ola Electric Mobility’s stock declined by 6.54% over the past week, reflecting short-term volatility. Over six months, the stock has dropped significantly by 51.7%, indicating a prolonged downtrend. Market sentiment and sectoral challenges have contributed to this decline in the EV segment.

Also Read: Pharma stock falls 7% after USFDA issues warning letter to its facility in Gagillapur

Shareholding pattern of Ola Electric Mobility :

All values in %Dec-24Sep-24
Promoters36.7836.78
FII2.114.18
DII4.555.16
Retail & others56.5853.89
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About Ola Electric Mobility :

Ola Electric Mobility is a leading Indian EV manufacturer focused on sustainable transportation. It dominates the electric two-wheeler market with innovative scooters, expanding into motorcycles. Backed by advanced technology, a strong sales network, and in-house battery production, it drives India’s EV revolution.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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