Ola Electric Reports Strong March Demand and Ramps Up Gen 3 Production

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Ola Electric Reports Strong March Demand and Ramps Up Gen 3 Production

Ola Electric Mobility Limited ( (IN:OLAELEC) ) just unveiled an update.

Ola Electric Mobility Limited reported a strong demand for its vehicles in March 2025, with 23,430 units registered, indicating a positive market response. The company has been improving its vehicle registration operations after a shift to in-house processes caused temporary disruptions. Ola Electric is also ramping up production of its Gen 3 portfolio due to overwhelming customer demand, aiming to enhance delivery speeds and customer satisfaction.

More about Ola Electric Mobility Limited

Ola Electric Mobility Limited operates in the electric vehicle industry, focusing on the production and sale of electric scooters. The company is known for its innovative approach to sustainable transportation and has a significant presence in both urban and rural markets in India.

YTD Price Performance: -38.57%

Average Trading Volume: 3,687,620

Current Market Cap: 233.6B INR

For detailed information about OLAELEC stock, go to TipRanks’ Stock Analysis page.

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