Milestone · Mobility & Logistics

Ola Electric sales flat, market share rises in December

By Startup Enthusiast · 1 January 2026

What they do

Ola Electric makes electric scooters and sells them in India

In December 2025, Ola sold 8,402 units (flat) and its market share rose to 9.03%

The overall E2W market fell 19% month-on-month, but Ola held steady while rivals dropped

The overall electric two-wheeler (E2W) market in December 2025 sold 93,000 units, down 19% month-on-month.
TVS Motor led with 24,317 registrations and a 26.14% market share, but its sales fell over 20% from November.
Bajaj Auto sold 18,197 units, down 29% from November, giving it a 19.56% share.
Ather Energy registered 16,391 units, down 20% month-on-month, with a 17.62% share.
Hero MotoCorp sold 10,340 units, down 15.76%, holding 11.12% of the market.
Ola Electric sold 8,402 units (flat compared to November) and its market share rose to 9.03% (up 2 percentage points).
Greaves Electric Mobility sales fell 24.87% month-on-month, ranking sixth.
e-Sprinto nearly doubled its sales to 1,324 units, entering the top 10 with a 1.42% share.

Ola Electric's flat sales and rising share contrast with larger drops from rivals like Bajaj and Ather.
For the full year 2025, the E2W industry grew 11% to 12.75 lakh units from 11.5 lakh in 2024.
Annual leader TVS Motor sold 2.98 lakh units, followed by Bajaj Auto (2.69 lakh), Ather Energy (2 lakh), Ola Electric (1.98 lakh), and Hero MotoCorp (1.09 lakh).

Ola Electric manufactures and sells electric scooters in India.
It competes with TVS Motor, Bajaj Auto, Ather Energy, Hero MotoCorp, and others.
Its market capitalisation is Rs 15,967 crore ($1.8 billion).
Ola Electric sold 1.98 lakh units in the full year 2025.