Ola Electric Mobility reported a sharp increase in vehicle registrations for March 2026, with 10,117 units registered during the month according to VAHAN data, compared to 3,973 units in February — a rise of over 150% month-on-month. Daily orders crossed 1,000 units in the last week of March, and the company said its market share showed a consistent month-on-month recovery through the period. The figures were disclosed in a press release filed with the National Stock Exchange and BSE on April 1, 2026, signed by Chief Financial Officer Deepak Rastogi.
The turnaround follows a period of difficulty for the company. Ola Electric had faced sustained criticism from customers and industry observers over service delays, inadequate parts availability, and long vehicle turnaround times at its service centres — issues that had weighed on registrations in the preceding months, most visibly in February's figure of under 4,000 units.
The company said it has since implemented structural changes to its service operations. Over 80% of vehicles are now serviced on the same day, enabled by improvements in parts availability, faster diagnostics, and tighter operational control across its service network. The company indicated that these changes have had a direct impact on customer confidence, which it credited as a driver of the improved order volumes in March.
March also marked a milestone for the company: Ola Electric became the first EV brand in India to cross one million cumulative registrations, according to VAHAN data. The figure represents total registrations since the company began selling vehicles and is being positioned by the company as a significant marker for India's broader EV adoption trajectory.
Alongside the operational changes, Ola Electric launched a marketing and customer assurance campaign titled #EndICEAge — a reference to internal combustion engine vehicles — aimed at accelerating EV uptake through competitive pricing and improved ownership terms. The campaign includes three headline offerings: a Service Trust Guarantee that provides complimentary Ola cab rides to customers in the event of service delays; a Buyback Guarantee that assures a defined resale value on every vehicle sold; and an 8-year extended warranty applicable across its product portfolio. The company described these as industry-first assurances in the Indian EV market.
Whether the March recovery represents a durable trend or a short-term rebound remains to be seen. The electric two-wheeler segment in India has grown rapidly over the past three years, but competition has intensified, with rivals such as TVS Motor, Bajaj Auto, and Ather Energy consistently expanding their market presence. Ola Electric's share of the electric two-wheeler market had declined in the months leading up to March, making the reported recovery in market share a closely watched development.
Ola Electric is India's largest electric two-wheeler manufacturer by cumulative registrations. Its primary manufacturing facility, the Ola Futurefactory, is located in Tamil Nadu and produces both vehicles and key components including battery cells. The company's research and development operations span Bengaluru, the United Kingdom, and the United States. It sells directly to consumers through thousands of stores across India and through its online platform, and describes itself as the operator of the largest company-owned network of automotive experience centres in the country.