Ola Electric Scooter Dealership Apply Online: Investment Cost, Profit, Contact Number

Ola Electric Mobility also known as “OLA Electric” is one of the most well-known brands of electric two-wheeler vehicles. It is one of the fastest-growing Electric vehicle industries in India. OLA Electric has launched various electrical vehicles used by millions of people. This growing Electric vehicles brand is providing the dealership opportunity for those who are passionate and interested in working with Ola Electric. This article is beneficial for those, who are looking for the details about Ola Electric Scooter Dealership 2024. Here, you all get the details regarding the Ola Electric Scooter Dealership Apply Online including Investment Cost, Profit, and Contact Number.

Ola Electric Scooter Dealership 2024

Let us tell you that, OLA Electric is one of the fastest-growing Electric two-wheeler vehicle companies. The famous products of the company are S1 X, S1 Air, S1 Pro, etc. OLA Electric’s revenue is ₹2,782 crore and the product output is 200,000. The net income of OLA Electric is ₹1,472 crore. ANI Technologies is the parent company of Ola Electric. It is India’s largest electric two-wheeler manufacturer valued at around US$5.4 billion as of September 2023. It plans to launch an electric motorcycle & car by the end of 2024.

Ola Electric Scooter Dealership Apply Online: Investment Cost, Profit, Contact Number

However, you all know that Electric vehicles are rapidly growing daily. People prefer Electric vehicles rather than petrol/diesel vehicles. The government also promotes electric vehicles by giving subsidies to protect the environment and nature. It is the best opportunity for those, who want to work in the Electric Vehicle industry. In this article, we will share the complete information regarding How to Open an Ola Electric Scooter Dealership along with the details of Investment Cost, Profit, and Application Process.

Ola Electric Scooter Dealership Apply Online – Overview

Article Topic Ola Electric Scooter Dealership Apply Online
Category Dealership Inquiry, Investment Cost & Profit
Dealership Ola Electric Scooter/ two-wheeler vehicle
Company Name The Ola Electric Mobility
Headquarter Bengaluru, Karnataka, India
Official website www.olaelectric.com
Industry Electric vehicles
Revenue ₹2,782 crore
Net Income  ₹1,472 crore
Location All over India
Year 2024
Apply Online Link available below

Requirements to Open Ola Electric Scooter Dealership

Here are the complete requirements for the Ola Electric Scooter Dealership/ Franchise, you need to follow up on the below requirements list:-

  • Space Requirements => The first thing you people need is Space/ Area in the preferred location. The location will be at the place near the road and main markets. You need to space of 1500-2000 sq ft for reception, Showroom and so on.
  • Documents Requirements => People have to acquire the essential personal & business-related documents. You also have to acquire Legal documents like a license agreement.
  • Maintenance and Repairs => You have to require the construction of the place and repair and maintenance of this place as the showroom. All things fulfill the criteria of the Ola Electrics.
  • Administrative/Supervisory Skills Required => Look, you need to the highly skilled in Administrative & Supervisory Skills. It is important to grow the sales and maintain the sales. You also have to qualify for the training provided by the company.
  • Staff Requirements => Applicant needs to have a staff of 8-10 to manage all your business. It will include the helper, cleaner, receptionist, salesmen, etc.

Ola Electric Scooter Dealership Investment Cost

To start the Ola Electric Scooter Dealership, people required initial investment. So, you have to require an investment of INR 90 Lakhs to 1 Crore. It will include the Infrastructural Construction Charges, working capital, Franchise Fees & so on. Look at the detailed Franchise Dealership Investment Cost:-

Franchise Fees Rs. 80k- 1 Lacs
Office Area Invest Rs 40,000 (Rent)
Interior and facilities Rs 8-10 lacs
Company Investment: bank guarantee Rs 20- 25 Lakhs
Labor cost RS 4-5 Lacs
Lighting and Sanitary Engineering Rs 2-3 Lacs
License fee & legal document charges Rs 40-50K
Initial stock (30 Ola Electric Scooter) Rs 15- 20 lacs

Ola Electric Scooter Dealership Profit Margin

Many people are looking for the details about whether the Ola Electric Scooter Franchise is Profitable or not. Well, this is a profitable franchise opportunity. People can generate a profit margin of 25-30% per sale. In the initial period, you have to invest regularly for inventory mange. But, once your showroom is established well, then you can start your profit. The ROI time break is approx 12-24 Months.

The net profit is based on the sales, but you can calculate your profit by deducting the expenses from the gross sales. So, if you sell one e-scooter, then you will get the approx 25-30% on one sale. So, you can earn up to INR 2 lacs to 2.5 lacs per month.

How to Apply for Ola Electric Scooter Dealership Online?

To apply for the Ola Electric Scooter Dealership, follow the below instructions/ steps;

  1. Before applying for the Ola Electric Scooter Dealership, you should check the requirements and investment cost.
  2. Then visit the official portal of Ola Electric i.e. https://www.olaelectric.com/.
  3. A home page will open on your screen. Just, click on the Contact Us tab.
  4. You will reach the new page, where you have to fill up the “Ola Electric Scooter Dealership Inquiry Form”.
  5. Enter your name, contact details, and so on. Then, click on the ‘Submit’ button.
  6. Your details will be submitted, now you have to wait for the verification.
  7. After verifying your information, the Ola Electric Officials will contact you shortly.

Documents Required for Ola Electric Scooter Dealership

  1. Aadhaar Card.
  2. Passport-size photos.
  3. Degree/ Graduate in Business Management
  4. PAN card.
  5. Location Proof (If any)
  6. Voter ID or Aadhaar Card.
  7. Some entrepreneurs work on paper.

Ola Electric Scooter Dealership Contact Details

  • Address: 3rd Floor – 4th Block, 17th Main, 100 Feet Road, Koramangala, Bangalore KA 560034 IN
  • Contact Number: N/A
  • Official Website: https://www.olaelectric.com/

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