Ola Electric Struggles to Raise Funds as Sales and Market Share Plunge
December 2, 2025
Ola Electric is struggling to secure new funding for its EV business due to plunging sales, sinking market share, and negative cash flow.
Ola Electric is struggling to secure new funding for its EV business due to plunging sales, sinking market share, and negative cash flow.
Nov 2025 EV scooter sales fell 19%. TVS leads the market while Ola Electric drops to fifth place. Check the full top 10 rankings here.
Vietnamese automaker VinFast is planning to launch electric two-wheelers in India in 2026, aiming at the growing EV segment after its car debut.
Suzuki is launching the e-Access electric scooter in Dec 2025 in India, which is priced at Rs 1-1.2 lakh. It also offers a 100-150 km range.
Honda Activa Electric, launched earlier this year in India at an ex-showroom price of Rs 1.17 lakh, has seen its production temporarily halted due to zero sales in recent months. According to SIAM data, the company has not manufactured a single unit of the Activa e since August 2025. Alongside it, production of the Honda QC1 has also been stopped owing to unsold inventory. Inventory Remains Unsold The sales figure
Kinetic Engineering begins deliveries of the DX electric scooter (Rs 1.11 lakh). It offers up to 116km range, 90 km/h top speed, and LFP battery tech.
The Yamaha Aerox-E Electric Scooter has launched in India at a starting price of ₹1.60 lakh (ex-showroom).
Yamaha EC 06 comes with a 4 kWh battery pack option with a motor that delivers 6.7 kWh peak power. Gets a claimed top speed of 90 kmph and a range of up to 160 km on a single charge.
Ultraviolette Automotive delayed the delivery of Tesseract; the launch date has been pushed out to Q3 or Q4 of 2026, from January 2026.
