Ola Electric claws back… but media strangely ignores it!

Ola YoY is down just 3% in Sept in spite of battery plant closed for 3 mths (Jun-Juy-Aug). Ola is expected to cross 20,000 unit sales in Nov mth and might never look back.

From next mth onwards Ola is expected to perform better MoM and… better YoY performance.

Ola eScooter sales Jan to Sept 2026.

Ola overcame 1st four mths of the yr… of below-13,000 sales to combe back strongly till June when it peaked with 16,144 sales… then due to severe flooding in monsoon and as the battery plants were closed down to upgrade from 2GWh to 6GWh… sales reduced once again in July Aug and Sept… now with monsoon behind… and upgrade to 6GWh (trippled capacity) … lower prices of LFP cells and its higher profit we could indeed see a revived Ola Electric this mth (Oct 2026) onwards.

Of course of the trippled capacity not all the battery will come to 2Wheelers… some of it will go to BESS and Startup companies.

Ola’s Z Series eScooters are expected to debut in Dec… but could be delayed 3mths … keeping with Ola’s traditional delay timeline.

After that OLA is expected to launch its most awaited and low priced eScooter the Gig Scooter.

Then Ola would have completed its whole 2W portfolio… and then move on to 3-Wheeler launch… probably by Dec 2027.

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