Ola Electric Shares Soar 9% on Strong December Performance & Market Share Boost

• Ola Electric shares surged nearly 9% to ₹40.77 on Friday, January 2, driven by signs of improved business performance in December 2025.
• The company registered 9,020 units in December 2025, boosting its market share from 7.2% (Nov) to 9.3% (Dec), hitting ~12% in late December.
• The 'Hyperservice' program, focusing on customer experience and operational efficiency, showed solid initial results.
• Ola Electric re-entered the top-3 EV companies in about a dozen states, including major markets like Tamil Nadu and Uttar Pradesh.
• Deliveries of the 4680-India cell-equipped S1 Pro+ 5.2 kWh scooter began in November 2025, receiving positive market response and government certification.

Why It Matters: Ola Electric's shares surged due to strong December sales, increased market share, and service improvements.