Ola Electric Registers 23,430 Units in March 2025, Remains India's Top E2W Brand

Ola Electric, India's leading electric two-wheeler manufacturer, recorded strong sales in March 2025 with 23,430 units registered according to Vahan portal data. The company is currently addressing a registration backlog stemming from its February transition to an in-house vehicle registration system.

March 2025 Registration Update: Clearing the Backlog

Despite the registration challenges, Ola Electric has made significant progress in clearing the backlog created during the February transition. The company reports that:

• The February backlog has been almost entirely cleared
• Daily registration volumes are steadily improving
• Remaining February and March registrations are expected to be completed in April 2025
• Operations are being scaled up to address registration issues

"We are focused on efficient execution and providing a seamless ownership experience," an Ola Electric spokesperson stated. "We will continue to provide updates as registration volumes stabilize."

The company's Gen 3 portfolio, which began deliveries in March 2025, has reportedly exceeded sales expectations. This strong demand has prompted Ola to increase production in March, with further production increases planned for April to expedite deliveries and enhance customer experience.

Ola Electric: Maintaining Leadership in India's E2W Market

Ola Electric maintained its position as India's number one electric two-wheeler brand throughout FY25, despite facing increased competition and challenges. Key highlights include:

• Total sales of 343,260 units in FY25, representing a 4% year-on-year increase
• 30% market share in India's E2W segment for FY25
• Strong start to FY25 with 52% market share in April 2024
• Recovery in January 2025 with 24,353 units sold and 25% market share
• Rapid retail expansion with over 4,000 stores nationwide

The company's performance is particularly noteworthy as India's electric two-wheeler industry crossed the one-million-unit milestone for the first time in FY25, with total sales reaching 1.13 million units – a 20% increase over FY24.

Competition Intensifies in India's E2W Market

While Ola Electric maintains its leadership position, legacy automakers are gaining ground:

• TVS Motor emerged as the second-largest E2W manufacturer with 21% market share
• TVS i-Qube e-scooter sales increased 28% year-on-year to 233,591 units
• Bajaj Auto recorded 112% growth with its Chetak e-scooter, selling 226,030 units
• Bajaj's market share grew from 11% in FY24 to 20% in FY25

Both TVS and Bajaj have aggressively expanded their dealer networks, with TVS increasing from 750 outlets in Q2 FY25 to 900 by the end of Q3, and Bajaj expanding to 4,000 outlets while also leveraging e-commerce channels.

Electric Two-Wheeler Specifications: What Buyers Look For

When considering electric two-wheelers, Indian consumers typically evaluate these key specifications:

With the electric two-wheeler market in India continuing to grow, manufacturers are focusing on improving range, charging infrastructure, and after-sales service to meet consumer demands and maintain competitive advantage.