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Electric two wheeler sales dip 22 percent in April as Ola Electric gains ground

Technology
Published on 1 May 2026
Electric two wheeler sales dip 22 percent in April as Ola Electric gains ground

April fell 22 percent but Ola sped up 20 percent

India’s electric two-wheeler market cooled in April with registrations down 22% to 1.48 lakh units after a March surge. While the sector broadly declined, Ola Electric bucked the trend, raising sales by 20% and improving its market share. Analysts link the slowdown to the aftershocks of FY26 growth and aggressive March buying by rivals.

  • April electric two wheeler registrations dropped 22% to 1.48 lakh
  • Ola Electric sales rose 20% despite the sector slowdown
  • Ola gained market share as rivals’ demand softened
  • March tactics and FY26 momentum likely inflated earlier results
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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