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Ola vs TVS Electric Scooters - Which One Should You Buy?

Compare Insurance Premium for Ola and TVS iQube Two Wheelers

Ola Electric Company Overview

TVS Motor Company Overview

Market Share of Ola and TVS Electric

Check a brief overview of the market share of both companies in the table below:

Basis

Ola TVS Electric
Market Share 40% market share as of January 2024 19% market share as of February 2024
Units Sold 32,160 units in January 2024 15,279 units in January 2024

  • Ola Electric Market Share: Ola Electric occupies a dominant position in the Indian electric scooter market. In December 2023, it became the first E2W manufacturer to achieve record sales worth 30,000 registrations within a month. Moreover, it crossed these sales figures in January 2024, reaching an all-time high of 32,160 units.  
  • TVS Motor Company Market Share: TVS currently occupies the second place in terms of market share in the electric two-wheeler segment. The sales of its iQube lineup have increased from 12,293 units to 15,181 units between January 2023 and 2024, indicating 45% growth.Additionally, TVS is expanding the availability of its electric scooter sales in markets across Nepal and Europe to improve its sales.

Compare the Segments and Mileage of Ola and TVS Electric Scooters

Find the segment-wise details and mileages of both electric scooters in the table below:

Types of Ola and TVS models by Segment

Parameters

Ola Electric TVS Electric
Electric bikes and scooters OLA S1 X, OLA S1 Air and OLA S1 Pro TVS iQube and TVS X

Comparison of Ola and TVS models by Mileage

Parameters

Ola Electric TVS Electric
Electric bikes and scooters 161-181 km on a single charge 80-145 km on a single charge

Ola currently offers 3 electric scooter models: Ola S1 X, Ola S1 Air, and Ola S1 Pro. The S1 Pro is the flagship model and comes at around ₹1.30 lakhs. The EV manufacturer is also working on releasing EV bikes like the Ola Roadster, Ola Cruiser, Ola Adventure, and Ola Diamondhead in 2024. Furthermore, it plans to expand into EV car manufacturing soon.

TVS offers two electric scooters in India: TVS iQube and TVS X. The TVS iQube is currently one of the most popular EV scooters in the country and is available in 2 variants. With a starting price of ₹1.34 lakh, it has a riding range of 100 Km on a single charge and delivers a top speed of 78 km/hr. TVS X Electric scooter was launched at ₹2.50 lakhs.

Safety Features in Ola and TVS Electric

Here are some of the safety features of Ola and TVS Electric

Ola

TVS iQube
IP 67-rated water and dustproof battery. IP 67-rated water and dustproof battery.
The Anti-Lock Braking System (ABS) prevents the scooter from slipping during sudden brake applications.  The built-in SIM in the dashboard allows you to live-track your two-wheeler’s location through the dedicated app. 
Ola Sense's dynamic vehicle management system ensures optimal performance under a variety of conditions.   The Geofencing system alerts you whenever your scooter crosses specific locations. 
Regenerative Braking extends the driving range of your scooter by capturing kinetic energy and using it to recharge the battery.  Crash/Fall Alert notifies your emergency contacts immediately in case the scooter gets in an accident.
BMS Sensors work 24/7 to detect any battery issues. Anti-Theft Alert notifies you if anyone tries to drag your scooter while it is locked.

After Sales Service & Support of Ola and TVS Electric

Here is a comparison between Ola and TVS based on their sales service and after-sales support:

Ola

TVS iQube
414 service centres all across India Over 4,500 service centres across 3,800+ cities
24/7 roadside assistance 24×7 service availability

Although TVS has established itself as a leading two-wheeler manufacturer over the years, Ola is making a name for itself by making electric vehicles widely available to the Indian market. Thus, both Ola and TVS are viable choices for electric scooters. You can check out the key specs of both two-wheelers and opt for one that best suits your preferences.

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