Ola Electric Mobility Limited has informed the Exchange regarding a press release dated January 01, 2026, titled "Ola Electric Signals Business Turnaround in December 25 as Service-Led Execution Drives Demand and Market Share Gains".
OLAELEC · price
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Awaiting price reaction for this filing.
Ola Electric reported 9,020 units registered in December 2025, pushing its monthly market share up to 9.3% from 7.2% in November, and nearly 12% in the second half of the month (VAHAN data). The company regained a top-3 EV position in around a dozen states, including Tamil Nadu, Uttar Pradesh, Bihar, and Punjab. Its 'Hyperservice' program improved same-day service completion to 77%, supported by a 250-member rapid-response team and 1,000+ new service hires. Deliveries of the 4680 Bharat Cell-powered S1 Pro+ scooter began in November, and the Roadster X+ motorcycle received government certification in December. Ola Shakti battery storage deliveries are expected to start in the coming months.
Positive near-term signal — rising volumes, recovering market share, and improved service metrics could support sentiment, though execution risks remain as the company pursues both growth and service transformation simultaneously.