Electric two-wheeler maker Ola Electric has recorded month-on-month growth in April 2026, with registrations rising to 12,166 units, up from 10,133 units in March, according to VAHAN data. This represents a 20 per cent month-on-month (m-o-m) increase, building on the recovery momentum seen in March.
The company’s performance stood out in a month when the broader electric two-wheeler industry declined by over 22 per cent m-o-m. Ola Electric was the only EV two-wheeler brand to grow month-on-month in April.
Ola Electric spokesperson said, “March marked a strong recovery for Ola Electric and April has continued that momentum. Registrations grew 20 per cent month-on-month even as the market declined sharply, making Ola the only leading EV two-wheeler brand to grow in April. This reflects stronger execution, stabilising operations, and growing customer confidence. 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 penetration in India.”
The company noted that its electric motorcycle portfolio has also seen traction, especially in large motorcycle markets such as Uttar Pradesh, Bihar and Madhya Pradesh. The Roadster X is steadily ramping up and emerging as a meaningful product in the electric motorcycle category.
Ola’s 4680 Bharat Cell-powered products are also seeing increasing adoption. The Roadster X+ 9.1 kWh, powered by Ola’s proprietary 4680 Bharat Cell, delivers up to 500 km IDC range, addressing one of the most important customer needs in the motorcycle category: longer range and reduced range anxiety.
Ola Electric shares have rallied over 60 per cent in a month after hitting an all-time low of ₹21.21 at BSE. The company’s share closed at ₹36.57 at BSE.