Ola Electric Reports Record Scooter Sales in February, Gains EV Market Share
Ola Electric sells 65,000+ electric scooters in February 2026, capturing 35% market share and recovering from quality concerns that plagued its 2025 performance.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹79,999 |
| Stage | IPO |
| Sector | Ola Electric |
| Coverage | Startup News |
Ola Electric has reported record-breaking sales of over 65,000 electric scooters in February 2026, marking a significant recovery from the quality and service challenges it faced throughout 2025. The company now commands approximately 35% of India's electric two-wheeler market.
Sales Performance
February 2026 Highlights:
Recovery Story
Improvements Made:
Product Portfolio
Current Lineup:
EV Market Context
India's electric two-wheeler market hit 1.8 million units in 2025, with Ola, TVS, Ather, and Bajaj as the top players. The segment is expected to cross 3 million units in 2026.
IPO Implications
Strong sales numbers bolster Ola Electric's case for a potential IPO in 2026, as investors look for sustained performance and profitability trends.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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