Ola Electric May registrations climb 23% MoM, outpacing industry
Ola Electric registered 15,139 units in May versus 12,323 in April, a 23% sequential jump that beat the electric two-wheeler industry's 15% MoM growth. Third straight month of recovery, aided by retail network rejig, Roadster traction, and petrol price hikes nudging buyers toward EVs.
Ola Electric's May registrations rose 23% MoM to 15,139 units, outpacing the electric two-wheeler industry's 15% growth. Third consecutive month of recovery driven by retail rejig, Roadster traction, and rising petrol prices shifting consumers to EVs.