Ola Electric registration grows 20% on month in April
This story was originally published at 14:44 IST on 1 May 2026
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NEW DELHI – Ola Electric Mobility Ltd. Friday said registrations grew 20% month-on-month to 12,166 units in April from 10,133 units in March, citing the data from VAHAN portal.
"The commercialisation of our indigenously developed 4680 Bharat Cells has boosted cost efficiencies, with the benefits passed on to customers. We remain focused on building this momentum and driving the next phase of EV (electric vehicle) penetration in India," the company spokesperson said in a press release.
For the December quarter, the company had reported consolidated net loss of 4.87 billion on revenue of INR 4.7 billion. Thursday, shares of the company closed nearly 1% higher at INR 36.56 on the National Stock Exchange. End
Reported by Astha Oriel
Edited by Akul Nishant Akhoury
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