IPO-bound Ola Electric clocked the highest monthly registration of over 35,000 units in February, as the company comfortably maintained its pole position in the EV (electric vehicle) two-wheeler segment, cornering a market share of 42 per cent.
The SoftBank-backed company reported its highest-ever monthly registrations during the month and posted a year-on-year (Y-o-Y) growth of nearly 100 per cent compared to the same month last year.
Ola Electric has recorded close to 1,00,000 registrations in the last three months, with more than 30,000 units registered consistently in December, January, and February.