Ola Electric Shares Gain 4% as EV Maker Rolls Out First Dealer-Led Stores
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6 Articles
Ola Electric shares gain 4% as EV maker rolls out first dealer-led stores
Ola Electric shares rose nearly 4% after the EV maker launched its first dealer-led stores across seven states. The move comes a month after opening its sales and service network to partners. Ola Electric plans to expand to more than 500 dealerships over the next couple of quarters to strengthen its retail presence.
Ola Electric Expands Network With 1st Dealer-Led Stores
Ola Electric is building its first dealer-led stores across seven states as it transitions away from its own stores to company-led outlets. The EV producer is planning to have 500 dealerships around the country in two quarters to boost local sales and service.
Ola Electric opens first dealer-partner stores across seven states, targets 500-outlet footprint
Ola Electric Mobility has opened its first cohort of dealer-partner stores across seven Indian states, less than a month after opening its network to partners for the first time. The company is targeting a dealership footprint of over 500 outlets over the next couple of quarters.
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