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Bloomberg Quint

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Image Credit: Bloomberg Quint

Ola Electric Sales At 60,000 Units In Q1, Expects Demand Recovery In Q2

  • Ola Electric's sales in Q1 reached nearly 60,000 units, with a month-on-month growth of 9% in June.
  • The company expects a demand recovery in Q2 and projects delivering over 65,000 vehicles in Q1 fiscal 2026.
  • The growth in registrations signals a positive trend after challenges faced in the previous fiscal year.
  • Despite past service issues and job cuts, Ola Electric's expanding network and improving financial performance indicate positive growth prospects.

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