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Ola Electric shares in focus as Q1 registrations nearly double sequentially to 43,719 units
Ola Electric Mobility registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 in the previous quarter, driven by strong demand and operational improvements. The company also recorded 16,144 registrations in June, its best monthly performance in recent quarters.
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Electric vehicle sales gain speed as costlier fuel and better infrastructure drive adoption
Electric vehicle sales are accelerating, with e-cars more than doubling registrations in June and the June quarter seeing an 89% surge. This growth is fueled by more model choices, better charging, and rising fuel costs. E-two-wheelers also saw a significant 62% jump, indicating a strong shift towards cleaner mobility across the country.
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Ola Electric Q1 registrations nearly double sequentially; June sales at 16,144
Ola Electric said it remains focused on expanding EV adoption through its vertically integrated technology and manufacturing platform, advanced battery technology, manufacturing scale and direct-to-customer distribution network.
Delhi EV Policy 2026 paves way for hydrogen-powered vehicles
Delhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissions, a major contributor to air pollution. The city plans to introduce two hydrogen-powered buses soon, with the Delhi Transport Corporation collaborating with NTPC for this initiative. This move signifies a significant stride towards cleaner, sustainable public transportation and a future-ready mobility ecosystem for the national capital.
Tata Motors Passenger Vehicles' June sales jump 69%; EV volumes more than double
Tata Motors Passenger Vehicles witnessed a remarkable 69% surge in June sales, reaching 63,083 units, propelled by strong demand and a doubling of electric vehicle sales. Domestic passenger vehicle sales also saw a significant 67% jump. The company's leadership in electric mobility continues to strengthen, with EV volumes more than doubling year-on-year. Tata Motors remains optimistic about sustaining growth, citing a healthy order book and positive customer response.
Nearly half of Indian households need electrical upgrades for EV charging: Report
A significant portion of Indian homes need electrical upgrades to safely charge electric vehicles, a new study reveals. This infrastructure gap could hinder the government's ambitious EV adoption goals, despite policies phasing out petrol and diesel vehicles. The research highlights overlooked challenges in residential charging, from inadequate wiring to parking issues, underscoring the need for robust electrical infrastructure alongside policy support for a successful electric mobility transition.
Hero MotoCorp June dispatches dip 2.3% as domestic sales soften, exports grow
Hero MotoCorp saw a slight dip in June wholesale dispatches, primarily due to weaker domestic sales, though exports surged significantly. While motorcycle sales declined, scooters experienced robust growth. The company's electric mobility arm, VIDA, also showed impressive gains. Despite the monthly slowdown, Hero MotoCorp kicked off the financial year strongly with a substantial 23% rise in first-quarter dispatches, driven by demand across its diverse product range.
Accel, Nikhil Kamath-backed Sarla Aviation completes flight test campaign of demo e-aircraft
Bengaluru-based Sarla Aviation, backed by Nikhil Kamath, has successfully completed flight tests for its electric aircraft technology demonstrator, Sylla. This milestone precedes the planned 2028 launch of their full air taxi, Shunya. Sylla 1.0 validated key engineering objectives, including vertical take-off and hover capabilities, marking a significant step for India's urban air mobility sector.
Ola Electric nearly doubles QoQ registrations in Q1 FY27; June vehicle tally rises to 16,144
Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the April-June quarter to 43,719 units. This impressive growth, driven by enhanced retail operations and better product availability, marks a strong sales momentum. The company attributes this success to its operational improvements and popular product range, anticipating continued expansion in India's EV market.
Ola Electric doubles QoQ growth in Q1 FY26; June vehicle registrations at 16,144 units
Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the previous period. This impressive growth, reaching 43,719 units, is attributed to enhanced retail operations, better product availability, and consistent customer demand. The company anticipates continued expansion in India's electric two-wheeler market, driven by growing consumer preference for sustainable and economical mobility solutions.