Ola Electric Reports Strong March Performance as Daily Orders Surpass 1,000 Units

Ola Electric Reports Strong March Performance as Daily Orders Surpass 1,000 Units

Ola Electric Reports Strong March Performance as Daily Orders Surpass 1,000 Units​

Ola Electric today announced a resurgence in business performance, with daily orders exceeding 1,000 units in the last week of March 2026 and registrations rising to 10,117 units during the month, up from 3,973 units in February. This represents a monthly increase of over 150% in registrations, signaling a sharp recovery in demand momentum. The company also noted a V-shaped monthly recovery in market share.

The improved performance is attributed to structural changes in service operations. The company reports that over 80% of vehicles are now serviced on the same day, facilitated by improved parts availability, faster diagnostics, and tighter operational control. These changes aim to strengthen customer trust and drive demand following recent service challenges.

“We are seeing a clear inflection in demand, with daily orders scaling steadily through March and accelerating meaningfully in the final weeks," said an Ola Electric spokesperson. "This momentum is being driven by the structural improvements in our service operations, which are now delivering faster turnaround times and a significantly better ownership experience.”

Ola Electric also became the first EV brand in India to surpass 1 million cumulative registrations in March, according to VAHAN data.

The company recently launched its #EndICEAge campaign, featuring breakthrough pricing and enhanced ownership experiences. The campaign includes a Service Trust Guarantee with complimentary Ola cab rides in case of service delays, a Buyback Guarantee, and an 8-year extended warranty across its portfolio.

These factors signal a decisive and sustained turnaround, positioning Ola Electric to lead the next phase of EV adoption in India.

About Ola Electric Mobility Limited​

Ola Electric Mobility Limited is India’s leading electric vehicle (EV) manufacturer. It specializes in the vertical integration of technology and manufacturing for EVs and their components. The Ola Futurefactory in Tamil Nadu serves as a significant EV hub, supported by the Bengaluru-based Battery Innovation Centre (BIC). Ola’s research and development efforts span India, the UK, and the US. The company maintains a direct-to-customer distribution network of thousands of stores across India and a robust online presence.

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