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
During the first half of February 2026, India’s electric two-wheeler market saw a significant shift in momentum, with Ampere Electric outpacing Ola Electric in retail registrations. According to Vahan Portal data for the February electric scooter sales 2026, Ampere sold 2,155 units, just beating Ola Electric, which sold 2,020 units.
Zelio launches the 2026 Logix electric cargo scooter with 150 kg load capacity, smart features, and a starting price of ₹56,551.
Honda is working on a new, locally designed electric scooter for India, leveraging learnings from the Activa e and QC1 to address range, storage, and pricing gaps.
Suzuki launches the e-Access electric scooter in India at ₹1.88 lakh with an LFP battery, 95 km claimed range, and a wide service reach.
Bajaj confirms 2026 Chetak EV launch on January 14 with a new budget version, updated features, and revised pricing.
Simple Energy introduces the Ultra electric scooter with a 400km claimed range and Gen 2 Simple One; prices start at ₹1.4 lakh.
Ultraviolette confirms Tesseract electric adventure bike deliveries will begin in Q2 2026, featuring high-speed performance and long range.
