Shares of electric vehicle manufacturer Ola Electric Mobility witnessed a powerful rally for the second day in a row on Friday, January 02, climbing 9% to hit an intraday peak of ₹40.77 per share. This surge was a direct response from investors to the company's impressive sales performance in the month of December.
Market Share Gains Fuel Investor Confidence
The day's rally propelled the Ola Electric share price to its highest level in one month. This extends a recovery trend that started in the middle of December, culminating in a remarkable 30.5% gain over just 10 trading sessions. The trigger for this optimism was data shared by the company in a regulatory filing on Thursday.
Ola Electric announced a significant month-on-month improvement in its share of the electric two-wheeler market. In December, its market share rose to 9.3%, with sales of 9,020 units as recorded by VAHAN data. This marks a clear increase from the 7.2% market share it held in November 2025.
Furthermore, the company highlighted that its market share in the second half of December 2025 climbed to nearly 12%, indicating a strong finish to the month and a clear uptick in consumer demand.
Reclaiming Top Positions and Enhancing Services
Driven by these gains, Ola Electric stated it has successfully reclaimed its position among the top three EV players in almost a dozen Indian states. This list includes crucial electric vehicle markets such as:
- Tamil Nadu
- Uttar Pradesh
- Bihar
- Jharkhand
- Punjab
- Haryana
Alongside sales growth, the company is focusing on strengthening its customer service backbone. To address service bottlenecks experienced during rapid scaling, Ola launched "Hyperservice," a program promising same-day resolution for most issues. The company claims the initiative has shown impressive results, with 77% of service requests completed on the same day in December 2025.
Product Pipeline and Energy Business Expansion
On the product front, Ola Electric continues to advance. The company began deliveries of its S1 Pro+ 5.2 kWh scooters, powered by the indigenously developed 4680 Bharat Cell, in November 2025. In a further development, it received government certification for its 4680 Bharat Cell-powered Roadster X+ Motorcycle in December 2025.
The company's energy division is also gearing up for growth. According to the filing, deliveries for Ola Shakti (BESS - Battery Energy Storage System) are expected to commence in the coming months, signaling a scaling up of this business vertical.
A Year of Contrasts for Ola Electric
Despite the strong end to the year, 2025 was a challenging period for Ola Electric's stock. The late-year recovery was not enough to offset earlier losses, and the share price ended the calendar year with a steep decline of 58%. This was the most significant fall among major new-age technology stocks listed in India.
The stock has corrected 44% from its one-year high of ₹71.25 and is down a staggering 74.5% from its post-listing peak of ₹157.40 per share. The recent rally, therefore, represents a significant rebound from deeply oversold levels, fueled by concrete operational improvements in sales and service.
