Ola Electric shares settle 4% higher as firm reports higher MoM market share in December

Ola Electric shares trade higher.

• Ola Electric shares up 4% after December market share boost
• Market share climbed to 9.3 percent in December, up from 7.2 percent in November
• Strong demand for 4680 Bharat Cell-powered vehicles and energy storage systems

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Ola Electric Mobility shares on Thursday settled nearly 4 percent higher after the company reported an increase in its month-on-month market share in December.

The stock finished 3.89 percent higher at Rs 37.65 apiece on the NSE.

In a regulatory filing, the company said it registered 9,020 units in December, as per VAHAN data, taking its market share to 9.3 percent in the month from 7.2 percent in November.

It added that its market share in the second half of December rose further to nearly 12 percent, indicating an improvement in demand.

The company said it has deployed a 250-member rapid response team of technicians in high-backlog regions to improve resolution timelines and clear pending service issues.

It also said deliveries of its 4680 Bharat Cell-powered S1 Pro+ 5.2 kWh scooter, which began in November, have seen strong early demand.

The company further added that it has received government certification for its 4680 Bharat Cell-powered Roadster X+ motorcycle in December, extending the platform across scooters and motorcycles.

Ola Electric said its energy business is also expected to scale, with deliveries of its battery energy storage systems likely to begin in the coming months.

Commenting on the development, Ola Electric Chairman and Managing Director Bhavish Aggarwal said the rollout of 4680-cell vehicles and upcoming energy storage deliveries would strengthen near-term execution and the company’s long-term technology roadmap.

Driven by market share gains and demand boost in the month of December 2025, Ola Electric reclaimed its position among the top three EV players in nearly a dozen States, including key EV markets such as Tamil Nadu, Uttar Pradesh, Bihar, Jharkhand, Punjab and Haryana, the company said in an exchange filing.

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