OLA Electric Grabs 30% of MS Sold 25k E-Scooter in December | Royal Enfield Acquires 10.35% Stake in Spanish EV maker

OLA Electric Grabs 30% of MS Sold 25k E-Scooter in December | Royal Enfield Acquires 10.35% Stake in Spanish EV maker, as per the media report.

OLA Electric Grabs 30% of MS Sold 25k E-Scooter in December | Royal Enfield Acquires 10.35% Stake in Spanish EV maker

Ola electric sold 25,000 electric scooters in December month 2022

Ola electric two-wheeler manufacturer generates the sale of 25,000 electric scooters in December month this is the best-ever sale that ola scooters get also, ola grabbed 30% of the market share.

Two-wheeler manufacturers also said that the Ola s1 scooter getting huge success in the country and believes that with a fast expansion and network will become the ola two-wheeler giant automaker in the upcoming years.

ola electric has started its B2C (Business to customer )model and chuck by chunk ola expanded its business, currently has 100 EV experience centers around the world, as per the estimation ola electric will be able to set up 200 outlets around the world by the end of march 2023.

Also read: Ola Electric Set To Launch Its Own Lithium-Ion Cell By End Of 2023

OLA Electric Grabs 30% of MS Sold 25k E-Scooter in December | Royal Enfield Acquires 10.35% Stake in Spanish EV maker

Royal Enfield Acquires 10.35% Stake in Spanish EV maker

Royal Enfield parent company Eicher motors have invested 50 million euros in stark future a Spanish-based electric vehicle manufacturing, confirms, Royal Enfield, CEO B Govindarajan.

CEO, Royal Enfield plans to expand its Stark EV technology and plan to develop its own EV platform which could be shared among both companies.

When comes to Stark Future, is a European EV maker company that recently launched its electric two-wheeler avatar called “Stark Varg”. Start Varg is an electric bike with 6kw of the battery pack, it uses a motor that delivers 59bhp or 79bhp of horsepower, brand offers a three-fourth variant that has different technical specs.

A Chennai-based bike maker acquires 10.35% of the stark future, it will give royal Enfield a seat on the company board.

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