Ola Electric Reports Total Revenue of Rs 2,782 Crore in FY23 – News18

Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in 2022-23. The total revenue of Ola Electric Mobility Business stood at Rs 456 crore in 2021-22, it said in a statement.

The company said it has set in motion a number of initiatives like new product introductions, sales and service network expansion and strengthening of R&D function for growth and profitability.

Ola currently sells S1 Pro (2nd Generation), S1 Air and S1 X in three variants.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)