Key Highlights
- Ola electric Daily orders crossed 1,000 units in the last week of March 2026.
- Ola electric March registrations rose to 10,117 units from 3,973 in February.
- Month-on-month growth exceeded 150% based on VAHAN data.
- Company reported a V-shaped recovery in market share during March.
- Over 80% of vehicles serviced on the same day after operational improvements.
- Ola Electric crossed 1 million cumulative registrations milestone in India.
Ola Electric Mobility Limited has reported a sharp recovery in business performance during March 2026, driven by a surge in demand and operational improvements. The company stated that daily orders exceeded 1,000 units in the final week of the month, indicating strong momentum in its electric two-wheeler segment.
According to the company’s disclosure, registrations rose significantly to 10,117 units in March, compared with 3,973 units in February, reflecting a month-on-month growth of over 150% as per VAHAN data. This rebound also translated into a V-shaped recovery in market share, with the company regaining traction across key markets.
The improved performance has been attributed to structural changes in service operations. Ola Electric noted that more than 80% of its vehicles are now serviced on the same day, supported by enhanced parts availability, faster diagnostics, and tighter operational controls across its network. These changes follow a period of service-related challenges and are aimed at improving turnaround times and customer satisfaction.
A company spokesperson stated that demand trends strengthened steadily throughout March, with acceleration in the latter part of the month. The spokesperson added that improvements in service operations have contributed to better customer experience and stronger conversion rates across its product portfolio.
During the month, Ola Electric also achieved a significant milestone by becoming the first electric vehicle brand in India to surpass 1 million cumulative registrations, according to VAHAN data. This milestone underscores the company’s scale and its role in the country’s evolving EV ecosystem.
To further strengthen market momentum, the company recently introduced its “End ICE Age” campaign, aimed at accelerating electric vehicle adoption through competitive pricing and enhanced ownership benefits. The initiative includes several customer-focused measures such as a service trust guarantee, buyback assurance, and extended warranty offerings of up to eight years across its portfolio.