Service bottlenecks weigh on Ola Electric volumes; regional rebound visible, says Bhavish Aggarwal

Chairman and Managing Director of Ola Electric Bhavish Aggarwal
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SHAILENDRA BHOJAK

The gross sales quantity at Ola Electric have declined in current quarters as service execution gaps dented buyer confidence, Chairman and Managing Director Bhavish Aggarwal acknowledged through the firm’s post-quarter analyst name. Aggarwal stated delays in service accessibility and turnaround occasions weighed on demand and impacted model belief. Nevertheless, he famous that underlying demand stays robust.

In markets the place service bottlenecks have been resolved extra successfully, volumes have rebounded sharply, rising two to 3 occasions, indicating that prospects return as soon as operational points are addressed. He added that the corporate is prioritising long-term service reliability and buyer confidence over short-term market share positive factors.’ “

Income from operations declined to ₹470 crore from ₹1,045 crore, down 55 per cent, whereas E2W deliveries was at 32,680 models.

Aggarwal highlighted that Ola Electric has invested about ₹5,300 crore over the previous few years in manufacturing, battery innovation and analysis and growth, enabling vertical integration throughout motors, batteries, cells, electronics and software program. With capability now supporting as much as a million autos yearly and 6 GWh of cell manufacturing, he stated the heavy funding part is basically full and the main focus is shifting to scaling utilisation. At full capability, the put in base presents a income potential of ₹15,000–20,000 crore.

Ola Electric expects gross sales momentum to enhance as service metrics stabilise and buyer confidence returns. “As we enhance our service and our gross sales get well, we are going to see a sooner roadmap to profitability,” Aggarwal stated. He added that it might take one other quarter to completely institutionalise service processes, noting the corporate has taken a foundational method to fixing front-end operational gaps and is already seeing enhancements in service supply and value constructions. Fixing service, he stated, will permit the product benefit to shine.

Revealed on February 17, 2026