Ola Electric delivered 68,192 two-wheelers in Q1FY26, a drop of 45.5% year-over-year (YoY) from 1.25 lakh deliveries in Q1FY25, as per the company’s shareholder letter. Alongside the decline in deliveries, Ola Electric’s market share also fell to 19.6% in the quarter, down from 48.6% in the June quarter of FY25.
Of its total deliveries in the quarter, 74.7% came from the mass segment, while the remaining 25.3% came from the premium vertical. Meanwhile, the average selling price per unit marginally dropped to Rs 1.21 lakh from Rs 1.23 lakh…
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