Ola Electric Doubles QoQ Growth in Q1 FY26; Registers 16,144 Vehicles in June 2026

Ola Electric today announced that it registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 vehicles in Q4 FY26, according to VAHAN data. The quarter concluded with 16,144 registrations in June 2026, reflecting sustained business momentum and the company's strongest monthly performance in recent quarters.

The strong sequential growth demonstrates continued improvement in retail execution, customer demand and product availability, building on the operational initiatives undertaken over the last few quarters. June's performance further reinforces the positive trajectory seen through the quarter, as the company continues to strengthen its position in India's fast-growing electric two-wheeler market.

Ola Electric spokesperson said, "Q1 FY27 marks a significant milestone in our growth journey, with registrations doubling sequentially and June registering 16,144 vehicles - our strongest monthly performance in recent quarters. The sustained momentum reflects the success of our operational improvements, strong product portfolio and continued customer preference for Ola Electric. We remain focused on accelerating EV adoption through technology leadership, manufacturing scale and delivering a differentiated ownership experience."

India's electric two-wheeler market continues to witness strong structural growth, driven by increasing consumer preference for electric mobility, favourable economics compared to ICE vehicles, and growing awareness around energy security and sustainability. As EV adoption accelerates across the country, Ola Electric remains well positioned to lead the transition through its vertically integrated technology and manufacturing platform.

The company continues to expand EV penetration through innovative products, advanced battery technology, manufacturing scale and a robust direct-to-customer distribution network across India.

Shares of OLA Electric Mobility Limited was last trading in BSE at Rs. 43.79 as compared to the previous close of Rs. 40.42. The total number of shares traded during the day was 26398356 in over 42127 trades.

The stock hit an intraday high of Rs. 44.95 and intraday low of 40.50. The net turnover during the day was Rs. 1150259400.00.

Source : Equity Bulls

Keywords

INE0LXG01040 OLAElectricMobility TwoWheelers ThreeWheelers ElectricVehicles SalesVolume Q1FY27