Ola Electric Doubles Growth in Q1 FY26; Registers 43,719 Vehicles
Ola Electric Mobility Limited has reported a significant surge in sales, registering 43,719 vehicles during the first quarter of Fiscal Year 2026 (Q1 FY26). This figure represents nearly double the registrations achieved in Q4 FY25, according to VAHAN data. The company also noted that June 2026 saw 16,144 registrations, marking the strongest monthly performance recorded in recent quarters.The substantial sequential growth demonstrates continuous improvement across retail execution, customer demand, and product availability, complementing operational initiatives launched over preceding quarters. This strong momentum positions Ola Electric to strengthen its standing within India's rapidly expanding electric two-wheeler market.
A spokesperson for Ola Electric stated that Q1 FY26 is a major milestone, noting the doubling of registrations and June’s performance as the strongest monthly outcome in recent periods. The sustained pace reflects the success achieved through operational improvements, a robust product portfolio, and strong customer preference for the brand. Ola Electric remains committed to accelerating EV adoption via technology leadership, manufacturing scale, and delivering a differentiated ownership experience.
The growth is situated within India's electric two-wheeler sector, which is seeing structural momentum driven by increasing consumer interest in electric mobility, economic advantages compared to Internal Combustion Engine (ICE) vehicles, and growing awareness regarding energy security and sustainability. Ola Electric maintains its strategic position to lead this transition through its vertically integrated technology platform and manufacturing capabilities.
The company continues to expand EV penetration across India by focusing on innovative products, advanced battery technology, scaled manufacturing, and a robust direct-to-customer distribution network nationwide.
About Ola Electric Mobility Limited
Ola Electric Mobility Limited is identified as India's leading electric vehicle (EV) manufacturer, specializing in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company operates the Ola Futurefactory in Tamil Nadu, which serves as a major EV hub for critical component production. This effort is supported by Ola's Bengaluru-based Battery Innovation Centre (BIC), dedicated to advancing cell and battery technology. With R&D operations spanning India, the UK, and the US, Ola Electric maintains a direct-to-customer distribution network across India, positioning it as the largest company-owned network of automotive experience centers in the country.MPHASIS Stock Price Movement
MphasiS Limited shares slipped by 1.61% today, closing at ₹2126.8 following a subdued trading session. The stock registered a traded volume of 238,074 shares after fluctuating throughout the day between a low of ₹2121.1 and a high of ₹2187.4.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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