Strong

Surge

<div><p>The share price of the Indian electric vehicle manufacturer Ola Electric Mobility Limited is witnessing significant gains.</p><p>On Thursday, Ola Electric soared to a high of ₹28.55, up by 10.27% from the previous closing price of ₹25.89. At the time of writing, the stock is changing hands for ₹28.13.</p><h2 id="strong-demand-in-march">Strong Demand in March</h2><p>The share jumps as the Bengaluru-based company experiences strong demand in March.&nbsp;</p><p>In a <a href="https://nsearchives.nseindia.com/corporate/OLAELECTRIC_01042026204929_Intimation_Shareholders_Communication_OEM.pdf" rel="noopener noreferrer nofollow"><span>statement</span></a>, Ola Electric says that daily orders crossed 1,000 units in the last week of the month. Registrations also rose from 3,973 units in February to 10,117 units representing over 150% month-on-month growth.</p><p>“We are seeing a clear inflection in demand, with daily orders scaling steadily through March and accelerating meaningfully in the final weeks,” says Ola Electric’s spokesperson.&nbsp;</p><p>The firm says it is witnessing demand recovery as it implements operational changes following a period of service challenges in recent months. Ola Electric says that over 80% of vehicles are now serviced on the same day with improved parts availability, faster diagnostics and tighter operational control.</p><p>“This momentum is being driven by the structural improvements in our service operations, which are now delivering faster turnaround times and a significantly better ownership experience,” says the spokesperson. “As customer confidence strengthens, we are seeing stronger conversion across our portfolio, giving us confidence that this recovery will further sustain and scale.”</p><h2 id="historic-milestone">Historic Milestone</h2><p>Ola Electric made history in March by becoming the first EV brand in India to reach 1 million cumulative registrations.</p><p>Ola Electric <a href="https://nsearchives.nseindia.com/corporate/OLAELECTRIC_02042026111904_Intimation_Press_Release_Ola_Electric_OEM.pdf" rel="noopener noreferrer nofollow"><span>says</span></a> it will continue to focus on advancing battery technology and accelerating EV adoption as India moves to reduce dependence on imported crude oil.&nbsp;</p><p>“To accelerate India’s transition away from ICE and oil, we are doubling down on batteries and domestic manufacturing,” says the company’s spokesperson.</p></div>

Ola Electric Share Price Jumps on Strong EV Demand Surge

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