According to the company’s exchange filing on Wednesday, July 1, VAHAN registrations rose to 43,719 units in Q1 FY27, compared with 22,252 units in Q4 FY26, marking a sequential increase of nearly 97%.
The company registered 16,144 vehicles in June, its strongest monthly performance in recent quarters.
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“The sustained momentum reflects the success of our operational improvements, strong product portfolio and continued customer preference for Ola Electric,” an Ola Electric spokesperson said.
The company attributed the growth to improvements in retail execution and operational initiatives undertaken over the last few quarters, adding that June’s performance reinforced its position in India’s growing electric two-wheeler market.
“Q1 FY27 marks a significant milestone in our growth journey, with registrations doubling sequentially and June registering 16,144 vehicles — our strongest monthly performance in recent quarters,” the spokesperson added.
Ola Electric said it remains focused on expanding EV adoption through its vertically integrated technology and manufacturing platform, advanced battery technology, manufacturing scale and direct-to-customer distribution network.
The company added that India’s electric two-wheeler market continues to see structural growth, supported by increasing consumer preference for electric mobility, favourable ownership economics compared with internal combustion engine (ICE) vehicles, and rising awareness around energy security and sustainability.
Shares of Ola Electric Mobility ended 2.65% higher ahead of the update on Wednesday. The stock has gained about 20% so far this year.
