Ather Energy Surpasses Ola Electric in Revenue — Despite Selling Fewer Units (Q4 FY25)
Ather Energy outperformed Ola Electric in Q4 FY25 operating revenue by ₹65 Cr — despite selling 1.5x fewer electric scooters.
The numbers reveal an interesting s
Well if you compare OLA electric with other EV brands like Ather, then it's leading the market. Comparing OLA with Hero or Indusind bank doesn't make sense since they operate in different genre.
Ola Electric has the largest market share in India's electric two-wheeler (E2W) market. In 2023-24, Ola's market share was 35%, and in the first quarter of 2024-25, it was 49%.