Ola Electric said it registered 43,719 electric two-wheelers in the first quarter of FY2026-27, nearly doubling from 22,252 vehicles in the preceding quarter, according to VAHAN data.
The company also recorded 16,144 vehicle registrations in June 2026, making it its strongest monthly performance in recent quarters and reflecting sustained business momentum.
Sequential growth gathers pace
Ola Electric said the sharp quarter-on-quarter growth was driven by continued improvements in retail execution, customer demand and product availability.
The June performance capped a strong quarter for the company, reinforcing the positive momentum generated through operational initiatives implemented over the past few quarters.
The company said it remains focused on strengthening its position in India’s rapidly expanding electric two-wheeler market.
Company highlights operational improvements
Ola Electric spokesperson said, “Q1 FY26 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.”
The spokesperson added, “We remain focused on accelerating EV adoption through technology leadership, manufacturing scale and delivering a differentiated ownership experience.”
Focus remains on expanding EV adoption
Ola Electric said India’s electric two-wheeler market continues to witness strong structural growth, supported by increasing consumer preference for electric mobility, favourable ownership economics compared with internal combustion engine (ICE) vehicles, and growing awareness around energy security and sustainability.
The company said it is well positioned to capitalise on this opportunity through its vertically integrated technology and manufacturing platform, while continuing to expand EV adoption with innovative products, advanced battery technology, manufacturing scale and its direct-to-customer distribution network across India.