Ola Electric plans to open 4000 stores from…; Know what are the other services company is going to offer

Bhavish Aggarwal, Ole electric’s CEO and Managing Director, shared the information and wrote on X, "Inaugurating record-breaking 4,000 @OlaElectric stores on Christmas 25th December! #SavingsWalaScooter will now be accessible to every city, town and tehsil!Come be a part of the electric revolution at a store near you." 

Ola has taken a major step in the field of Electric Vehicle segment. The company has planned to open 4000 mega stores across the country by December 25, 2024. At present, the company has 800 stores and it will open an additional 3200 stores. Beside this, the company will become the largest distributor in India. 

The move will help reach EV vehicles in each city, town and Tehsil area. 

Bhavish Aggarwal, Ole electric’s CEO and Managing Director, shared the information and wrote on X, “Inaugurating record-breaking 4,000 @OlaElectric stores on Christmas 25th December! #SavingsWalaScooter will now be accessible to every city, town and tehsil! Come be a part of the electric revolution at a store near you.” 

After the announcement, the shares of Ola electric witnessed a surge of 6.85% at Rs 93.41. This displays the confidence of the company in the market. 

To provide a good service to its customers, the company will plan to open a new service centre. This will be based on the Direct To Customer (D2C) formula. The model has helped the company to keep forward in the market. 

The company has explored expansion as it has launched several other scooters like OLA Gig, Ola Gig +, S1Z and S1Z+. The offering price of the scooters begins at Rs 39,999. These scooters are designed to fulfill the needs of people who are living in the city, town and Tehsil area.