Loading...
Ola Electric Sales Plummet 47% in February 2026, Hit 4-Year Low
LIVE TV
LOCAL
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading more articles...
Home
Local
Live TV
Ola Electric's Sales Plummet to 4-Year Low; Shares Crash 86% from Peak
N
News18
•
05-03-2026, 12:19
Ola Electric's Sales Plummet to 4-Year Low; Shares Crash 86% from Peak
•
Ola Electric's sales plunged to a four-year low of 3,968 units in February 2026, a 47% drop from January.
•
Once a market leader, Ola's share shrunk to 3.7%, falling out of the top-5; Greaves Electric Mobility surpassed it.
•
Company shares hit a record low of ₹21.21, down 86% from its peak, with market cap at ₹10,500 crore.
•
Ola is undergoing a 'structural reset', reducing retail stores from 700 to 550 and cutting costs by up to 50%.
•
Analysts cite service issues and competition; founder Bhavish Aggarwal expects a strong comeback despite challenges.
Read Full Article on News18 in Hindi
✦
More like this
✦
More like this
Ola Electric Shares Plunge 50% in a Year, Store Reduction Strategy Sparks Debate
C
CNBC Awaaz
Ola Electric Shares Plunge as Citi Slashes Target by 51% Amid EV Slowdown
C
CNBC TV18
Ola Electric Launches Upgrade Plan to Win Back Customers Amidst Plummeting Market Share
C
CNBC TV18
Ola Electric Shares Hit 52-Week Low; Brokerage Downgrades to 'Sell', Cuts Target Price
N
News18
Ola Electric's Deliveries Plummet 61% YoY, Losses Widen Amid Deepening Cash Burn
S
Storyboard
Ola Electric Q3: Loss Narrows by ₹77 Cr, Revenue Dips by ₹575 Cr Amidst 'Structural Reset'
C
CNBC Awaaz