On Vahan dashboard… In first 15 days of Oct Ola Electric sold 5,250 eScooters… this is approx 1,000 more than what it did last mth…. but this is just the tip of the iceberg…

Ola has selected 150 Dealership Partners… each dealer could have 1 store or 3-4 stores.

Each of the dealership would pay Rs 60L to 1 Cr for 1 store as dealership fee. For this they would be supplied by 40 vehicles and 20 vehicles as spare parts, software and service training… and some amount will be held as security deposit.

So till now 150 dealers have been selected… and each of the store will get approx 60 vehicles… meaning this mth… Ola will be delivering approx 9,000 vehicles (150 stores x 60 vehicles) to these shops other than the sales showing on vahan.

Of course not all the 9,000 have been delivered… but they will be delivered by mth end… every day at least 2-3 dealerships are opening up… so it is almost a continous effort.

Once these vehicles reache the stores they will be put up on display and when sale happens the vehicle gets registered on Vahan.

So the vehicles are getting manufactured and distributed… we just cant see it yet… unless you visit a dealer showroom near you.

Pls note that we have used 1 shop per dealer for calculation… not 2 store or even 3 store per dealer.

3 things are very clear… RAMP UP is going on… upgrade is completed… and Roadsters are now visible in dealer shops.

BLINK… and you might miss it!

… and We are not even talking about the Dealership Fees of approx Rs 100-150 crs collected till now.