Ola Electric Reports Strong March Performance with Orders Surging Past 1,000 Units Daily
Ola Electric announced a robust recovery in March 2026, with daily orders exceeding 1,000 units in the last week of the month and registrations more than doubling.Key Highlights of Ola Electric's March Performance
Registrations increased by over 150% month-over-month (M-o-M) to 10,117 units, compared to 3,973 units in February, according to data from the Vehicle Application Network (VAHAN). The company also reported a V-shaped market share recovery throughout March.| Metric | February 2026 | March 2026 |
|---|---|---|
| Registrations | 3,973 units | 10,117 units |
| Month-over-Month Growth | - | >150% |
The improved performance is attributed to structural changes in service operations. Over 80% of vehicles are now serviced on the same day, facilitated by improved parts availability, faster diagnostics, and tighter operational control. This follows a period of service challenges, where the company implemented operational improvements to reduce turnaround times and enhance customer experience.
"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… As customer confidence strengthens, we are seeing stronger conversion across our portfolio."
Ola Electric also became the first electric vehicle (EV) brand in India to surpass 1 million cumulative registrations, as reported by VAHAN data, marking a milestone for both the company and India's EV ecosystem.
To further accelerate EV adoption, Ola Electric recently launched its #EndICEAge campaign, featuring breakthrough pricing and enhanced ownership experiences. This campaign includes a Service Trust Guarantee, Buyback Guarantee, and an 8-year extended warranty.
These factors collectively signal a sustained turnaround, positioning Ola Electric to lead the next phase of EV adoption in India.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.