After a sharp drop in previous months, Ola has reclaimed its spot in the top 5 again, which hints at revised brand strategy.
While Ola may have crossed seven-figure sales, the massive drop in year-on-year sales suggests the crown is slipping away.
Greaves joins the top 5 electric two-wheeler manufacturers in February 2026, while Ola Electric drops out of the list.
Ola Electric plans to cut store count to 550 amid falling sales, staff exits, and rising competition in India’s EV market.
Ola Electric Technologies Pvt Ltd continues to suffer pressure in India’s electric two-wheeler sector, with early 2026 registrations showing a slow start to the year. The company reported 7,365 units in January and 2,654 units through mid-February, bringing its year-to-date total to 10,019 units. The subdued momentum follows a weak
