Ola Electric reported a strong rebound in business performance, with daily orders crossing 1,000 units in the last week of March 2026.
Vehicle registrations rose sharply to 10,117 units during the month, as per VAHAN data, compared to 3,973 units in February, marking a more than 150% month-on-month (MoM) growth and signalling a decisive resurgence in demand. The company’s market share also witnessed a V-shaped recovery, with steady gains through the month.
Operational overhaul drives demand recovery
The recovery in demand is being driven by a structural transformation in service operations. Over 80% of vehicles are now serviced on the same day, supported by improved parts availability, faster diagnostics, and tighter operational control across the network.
Following earlier service challenges, the company has implemented deep operational changes, resulting in significantly improved turnaround times and enhanced customer experience—key factors in rebuilding customer trust and accelerating demand.
Inflection point in growth
“We are witnessing a clear inflection in demand, with daily orders scaling steadily through March and accelerating meaningfully in the final weeks. This momentum is being driven by structural improvements in our service operations, which are now delivering faster turnaround times and a significantly better ownership experience. As customer confidence strengthens, we are seeing stronger conversions across our portfolio, giving us confidence that this recovery will sustain and scale further,” said Ola Electric, Spokesperson.
Milestone achievement strengthens market position
During March, Ola Electric became the first EV brand in India to cross 1 million cumulative registrations, according to VAHAN data, marking a significant milestone for both the company and the broader electric mobility ecosystem.
#EndICEAge campaign boosts adoption push
Further strengthening its growth momentum, the company recently launched its #EndICEAge campaign, aimed at accelerating EV adoption through competitive pricing and an enhanced ownership experience.
The campaign introduces a range of industry-first ownership assurances, including a Service Trust Guarantee with complimentary Ola cab rides in case of service delays, a Buyback Guarantee with assured value, and an 8-year extended warranty across its portfolio.