Archive · 2 Jan 2026

Ola Electric Gains Market Share

Ola Electric Gains Market Share

Ola Electric, a company that makes electric vehicles, announced that it sold more vehicles in December 2025 compared to the previous month.

This is because they introduced a new service called Hyperservice, which helps customers book and manage service appointments for their vehicles easily through an app.

Because of this new service, Ola Electric's market share increased from 7.2% in November to 9.3% in December.

They also added more technicians and improved their parts supply chain.

The company's shares went up by nearly 4% after this announcement, even though they had decreased over the past month.

The chairman of Ola Electric said that they are planning to introduce new technology and vehicles, which will help the company grow in the future.

However, competitors like TVS Motor, Bajaj Auto, and Ather Energy also performed well in the electric two-wheeler market, with TVS Motor leading with a 26% market share in December 2025.

Sources