Ola Electric

Ola Electric reported a notable recovery in April 2026, registering 12,166 units, a 20 percent increase from 10,133 units in March, according to VAHAN data. This growth comes amid a broader industry contraction, where the electric two-wheeler segment declined by over 22 percent month-on-month. Ola Electric emerged as the only major player to post gains during the period, signaling improving operational stability and rising consumer confidence.

India’s electric mobility landscape received a significant boost as Ola Electric secured Production Linked Incentive (PLI) certification for its Roadster X+ 4.5 kWh electric motorcycle. The milestone marks the company’s formal entry into incentive-backed electric two-wheeler manufacturing under the government’s PLI-Auto scheme. Certification confirms compliance with domestic value addition norms, making the model eligible for financial incentives.

Ola Electric has introduced a nationwide campaign titled #EndICEAge, aimed at accelerating India’s transition from petrol-powered two-wheelers to electric mobility. The initiative highlights the increasing costs and inconvenience associated with petrol dependency while encouraging riders to adopt electric vehicles as a more sustainable and economical alternative. As part of the campaign, the company is offering limited-period incentives exceeding Rs 20,000 on select electric models, including the Ola S1 scooter and Roadster motorcycle.