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Ola Electric surges 20% in April as EV market slips, powered by Bharat Cell technology

Business
Published on 4 May 2026
Ola Electric surges 20% in April as EV market slips, powered by Bharat Cell technology

Only top EV brand growing while the market fell

Ola Electric says April 2026 registrations rose 20% month-on-month, jumping from 10,133 units in March to 12,166 in April, according to VAHAN data. While the overall electric two-wheeler market fell more than 22% MoM, Ola was the only major player to grow, attributing the comeback to improved execution, stable operations, and in-house 4680 Bharat Cell efficiencies.

  • Ola Electric registrations climbed 20% MoM in April 2026
  • Overall EV two-wheeler market fell over 22% MoM
  • Ola was the only top EV brand to post MoM growth
  • Growth tied to 4680 Bharat Cell cost and range benefits
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This summarization was done by Beige for a story published on Startup TalkyStartup Talky

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