Ola: The rise and wobble of India's EV pioneer Ola

Ola Electric regains top spot in April E2W sales

Ola Electric regains top spot in April 2025 electric two-wheeler (E2W) sales with 11,330 units sold, capturing 23% market share. TVS and Bajaj follow, while Ather Energy gains traction. Hero MotoCorp retains fifth position in India's growing EV market.

Ola: The rise and wobble of India's EV pioneer Ola

Ola, once a rising star, is facing falling sales amid rising competition and regulatory scrutiny.

Challenges Facing Ola Electric Amidst Declining Sales and Regulatory Scrutiny - The Global Herald

Ola Electric, once celebrated as a leader in India's electric vehicle sector, is currently grappling with significant challenges as it faces declining market

Ola: The rise and wobble of India’s EV pioneer Ola

Getty Images Sales of Ola’s electric scooters have fallen sharply It was once the Indian start-up world’s shining star, but Ola is now battling a multitude of crises. Founded in 2010, it quickly became a household name, expanding from ride-hailing to electric vehicles and battery cells, challenging Uber along the way. The company jumped on the AI bandwagon in 2023 with Krutrim, India’s first AI company valued at over $1bn. Marquee global invest…