TL;DR
Ola Electric achieved 5 million units in production and announced aggressive plans for global expansion into Southeast Asia and Europe.
Ola Electric has announced a significant milestone, surpassing 5 million units in cumulative electric scooter production at its Futurefactory in Tamil Nadu. This achievement underscores the company's rapid growth and its leading position in India's booming EV two-wheeler market. Following this production landmark, Ola Electric revealed plans for aggressive global expansion, starting with key markets in Southeast Asia and Europe by late 2026. The company aims to leverage its large-scale manufacturing capabilities and technological advancements to replicate its domestic success internationally, contributing to the global shift towards sustainable mobility. This expansion will likely include strategic partnerships and localized product offerings.