OLA Electric Mobility Shares Jumped 8.5% ON MONDAY As Founder and Chairman Bhavish Aggarwal Outlined an ambitious plan to recapture Market Share and return to profitability in India’s Increasingly Competitive Electric TWO-WHEELER SEGMENT.
The stock rear intraday high of ₹ 44.73though it remains significantly depresssed from its 52-Week Peak of ₹ 157.53 Touched in August 2024. Listen to Monday’s Rally, Shares have plummeted 69% Over The Past Year and are Down 48% Year-to-Date in 2025, Reflecting Substained Investor Caution About The Company’s Prospects.
Target Market Share of 25-30%
Speaking to MoneyControl, Aggarwal Set An Aggressive Target of Capturing 25-30% Market Share In India’s Two-Wheeler Ev Segment, Supported by Vertical Integration, Technology Upgrades, and Product Expansion. “Our Target Market Share for Two-Wheeler Evs is About 25–30 Perent With Vray High Margins, So We Believe We Are on The Trageectory Again,” He Stated.
The Ambitious Goal Comes As Ola Electric Faces Intelligeing Competition. The Company’s Market Share you have decined to 17.35% in July 2025 From A Dominant 38.83% Position in the Same Month Last Year. Monthly Registrations Have Also Halved To 17,848 units FROM 41,802 UNITS IN JULY 2024.
Product Transition and Indigenous Innovation
AGGARWAL ATTRUBTED THE RECENT MARKET SHARE DECINE TO A TWO-QARTER TRANSITION PERIOD As The Company Pased Out Gen 2 Scooters and Ramped UpPlies of ITS GEN 3 LINUP WHILE LAUNCHING ITS First Electric Motorcycle. “Along with Product Transition, We’ve had a distribution scale-up. You’ll now see, Leading into the Festive Season, The Market Share Volumes (Will) Start Inching Upwards,” I explained.
TO KEY MILESTONE FOR THE COMPANY CAME ON AUGUST 15 WHEN OLA ELECTRIC ANNOCED THE INTEGRATION OF ITS Indigenously Developed 4680 Battery Cell Into Two Flagship Models – The S1 Pro Plus Electric Scooter and The Roadster X Plus Motorcycle. Deliveries are schedled to begin during NAVARATRI ON SEPTAMBER 22.
“We Will Start Deliveries This Navarathri, This is a big milestone for us. Everything Inside Our Scooter Is Now Homegrown,” Aggarwal Noted.
Financial Performance Under Pressure
LEAVE THE OPTIMISTIC OUTLOOK, OLA ELECTRIC’S FINANCIAL METRICS REMAIN CHALLENGING. The Company reported consolidated net loss of ₹ 428 crore For the June Quarter of Fy26, Wider Than The ₹ 347 Crore Loss in the Same Period Let Year. However, Losses Narrowed Sequentially From ₹ 870 crore in the March 2025 quarter, suggesting Improving cost discipline.
Revenue from Operations Fell Nearly 50% Year-on-Year To ₹ 828 crore From ₹ 1,644 crore as competition intensified. On a sequential basis, Revenue Increased From ₹ 611 crore in q4 fy25, initial reflecting traction from new production launches.
AGGARWAL EMPHASIZED THAT PROFITABILITY IN THE EV SECTOR REQUIRES MORE THAN JUSAL SCALE. “No one is Making Money. To make money with Evs, you need vertical integration, you need the technology development, you need the Dna of Technology,” I have added.
The Founder’s Confident Tone and Strategic Vision Appear to have resonated with investors, at least temporaily, as The Company prepares for what it expects Will Be a Stronger Performance During the Upcoming Festive Season.
