Ola Electric has successfully completed its ambitious Network Transformation and Opex Reduction Program, a company-wide initiative launched in November 2024 to optimize costs and enhance customer experience. This strategic move has resulted in a sustainable cost reduction of ₹90 crores per month, putting the company on track to achieve Automotive segment EBITDA breakeven by Q1 FY26. The financial impact of these improvements will be fully reflected from April 2025.
As part of this transformation, Ola Electric has streamlined its distribution network, eliminating regional warehouses and shifting to a direct-to-store model for vehicle and spare parts deliveries. Additionally, the company has automated key processes, including vehicle registration, leading to significant efficiency gains. These enhancements have reduced average vehicle inventory from 35 to 20 days, while cutting down customer delivery time from 12 days to just 3-4 days.
The company is in the final stages of optimizing its vehicle registration process, with daily registrations now exceeding 800—surpassing average daily sales recorded in January and February 2025. With all elements of the cost-saving initiative in place, Ola Electric has reinforced its commitment to operational excellence, financial discipline, and an improved customer experience.
These structural advancements position Ola Electric for long-term profitable growth, ensuring it remains a leader in the evolving EV landscape.
