BENGALURU, April 1, 2025 — Ola Electric Mobility Limited (NSE: OLAELEC, BSE: 544225) reported a strong recovery in vehicle registrations, clocking
23,430 units in March 2025, according to VAHAN portal data. This performance underscores a rebound in operational momentum following temporary disruptions caused by the transition to in-house vehicle registrations in February.
Recovery in Registration Operations
The company acknowledged that while the internalization of registration processes led to short-term bottlenecks, Ola Electric has made steady progress in clearing the
backlog from February. The remaining registrations from February and March are expected to be completed in
April 2025. The company is currently
scaling up registration operationsand enhancing coordination with external stakeholders to streamline the process.
Gen 3 Portfolio Sees Overwhelming Demand
March also marked the
start of deliveries for Ola Electric’s new Gen 3 portfolio. Customer reception has been described as “overwhelmingly positive,” with demand exceeding initial projections. In response, Ola significantly ramped up Gen 3 production in March and plans to
further accelerate output in April to enhance delivery timelines and improve customer experience.
“We remain focused on execution and delivering a seamless ownership experience,” the company stated in its business update, reiterating its commitment to stakeholder transparency as it stabilizes registration volumes.
Strategic Outlook
Ola Electric continues to see
robust demand across both urban and rural markets, positioning its Gen 3 models as key growth drivers going forward. With registration operations scaling up and the Gen 3 portfolio gaining traction, the company is well-poised for a stronger Q1 FY26.
