Try GOLD - Free
Ola Electric sales skid to lowest in 36 months
Financial Express Bengaluru
|November 29, 2025
OLA ELECTRIC'S RETAIL sales have fallen to their weakest level in three years, marking a sharp reversal for the electric two-wheeler maker after months of slowing demand.The company sold 7,383 units in November up to the 27th, putting it on track for its lowest monthly volume since September 2022, when registrations slipped below 8,500 units.
The slump is significant when compared with the company’s record sales of 53,647 units in March 2024. Since then, its retail numbers have fallen by about 80%, pushing the company down to the fifth place in the electric scooter market. Ola Electric, which once dominated segment sales soon after its entry in 2021, has been steadily losing share to established rivals.
This story is from the November 29, 2025 edition of Financial Express Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Bengaluru
Financial Express Bengaluru
‘Track record matters more than sponsorship’
NIMESH SHAH, MD & CEO, ICICI PRUDENTIAL AMC
2 mins
December 15, 2025
Financial Express Bengaluru
Startups ride growing demand for Narrow AI
DEMAND FOR NARROW
1 mins
December 15, 2025
Financial Express Bengaluru
FMCG growth slips in November, but rural gallops
“Inflation has begun to stabilise in the second half of the ongoing fiscal.
1 mins
December 15, 2025
Financial Express Bengaluru
Bihar Minister Nitin Nabin is BJP's new working prez
AFTER MONTHS OF waiting, the BJP Parliamentary Board on Sunday appointed Bihar Cabinet Minister and five-term Nitin Nabin as the party’s national working president.
2 mins
December 15, 2025
Financial Express Bengaluru
Ukraine prez drops plans to join NATO
UKRAINE HAS RELINQUISHED its ambition of joining the NATO military alliance in exchange for Western security guarantees as a compromise to end the war with Russia, President Volodymyr Zelenskyy said ahead of talks with US envoys in Berlin.
1 mins
December 15, 2025
Financial Express Bengaluru
FMCG growth slips in Nov, but rural gallops
INDIA'S FAST-MOVING CONSUMER goods (FMCG) market has slipped in November due to price cuts triggered by the GST rate changes.
1 min
December 15, 2025
Financial Express Bengaluru
Medra to expedite drug discovery with AI robots
MEDRA, WHICH PROGRAMS robots with AI to conduct and improve biological experiments, has raised $52 million to build what it says will be one of the largest autonomouslabsin the US.
2 mins
December 15, 2025
Financial Express Bengaluru
'Pvt investment in biopharma needs govt risk-sharing'
India’s bioeconomy has expanded more than sixteen-fold over the past decade, rising from $10 billion to more than $165 billion in 2024, and is projected to exceed $300 billion by 2030.
3 mins
December 15, 2025
Financial Express Bengaluru
Alphabet poised for paper gain
ALPHABET IS SET to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion.
1 min
December 15, 2025
Financial Express Bengaluru
Budget may unveil next round of PSB reforms
FDI hike, phased dilution of govt’s stake to 51% on the table
1 min
December 15, 2025
Listen
Translate
Change font size