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Ola reaches 4,000-store mark with EV network expansion

Financial Express Kochi

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December 26, 2024

OLA ELECTRIC ON Wednesday expanded its network to 4,000 stores across the country, marking one of the fastest rollouts of EV distribution globally.

- RAGHAV AGGARWAL

"Today we are expanding our network to 4,000 stores across every city, town and taluk in India," Ola founder and CEO Bhavish Aggarwal said on X.

With this, the company has opened 3,200 stores in the last month alone. These stores are co-located with service facilities and will provide the customers with sales and after-sales support.

Ola's store expansion is part of its broader strategy to accelerate EV adoption in smaller cities and maintain its leadership position in the electric two-wheeler segment.

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