Ola Electric’s stock saw a 2% jump following the announcement that a total of 23,430 vehicles were registered in March 2025, as per the VAHAN portal. This strong performance indicates a surge in demand across both urban and rural markets, reaffirming the company’s robust position in the electric vehicle (EV) sector.
The increase in registrations comes after temporary disruptions caused by the company’s transition to in-house vehicle registrations in February 2025. However, Ola Electric has efficiently cleared the backlog, with daily registration volumes steadily improving. The company expects to complete all February–March registrations by April 2025, signaling a return to normal operations.
In addition to the registration surge, the launch of Ola Electric’s Gen 3 portfolio has been a major milestone. Customer response has exceeded expectations, prompting the company to ramp up production to meet the growing demand. With plans to increase production in April 2025, Ola Electric is focused on ensuring timely deliveries and enhancing the customer experience.
Ola Electric shares opened at ₹52.81, with a high of ₹54.30 and a low of ₹52.57 in the latest trading session. The stock has a 52-week high of ₹157.40 and a low of ₹46.37.
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