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Ola Electric doubles growth in Q1 FY27, reporting 43,719 vehicles

2 weeks ago 11

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EV company Ola Electric has reported 43,719 vehicle registrations as per VAHAN data for Q1 FY27, nearly doubling from 22,252 vehicles in Q4 FY26.

The company concluded the quarter with 16,144 registrations in June 2026, its strongest monthly performance in recent quarters. Ola Electric attributed its growth to operational initiatives undertaken over the last few quarters.

“Q1 FY27 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. We remain focused on accelerating EV adoption through technology leadership, manufacturing scale and delivering a differentiated ownership experience” said an Ola Electric spokesperson.

Ola Electric has said that India’s electric two-wheeler market continues to witness strong structural growth due to increasing consumer preferences for electric mobility and growing awareness around sustainability.

The company has said that it will continue to expand EV penetration through new products, battery technology, manufacturing scale and a direct-to-customer distribution network across India.

Published on July 1, 2026

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