Ola Electric Stock Rises 4% on Strong December Market Share Gains

lectric Mobility shares closed 3.89% higher at ₹37.65 on the NSE, buoyed by the company's report of improved month-on-month market share in December 2025. According to VAHAN data, Ola registered 9,020 units last month, boosting its share to 9.3% from 7.2% in November. The second half of December saw an even stronger performance, with share nearing 12%, signaling rising demand for its electric scooters. To tackle service backlogs, Ola deployed a 250-strong rapid response team in key regions, aiming to speed up resolutions. Deliveries of the new 4680 Bharat Cell-powered S1 Pro+ 5.2 kWh scooter, launched in November, have exceeded expectations. Additionally, the company secured government certification for its Roadster X+ motorcycle on the same platform. Ola's energy arm is gearing up for growth, with initial battery storage system deliveries slated for the coming months. Chairman Bhavish Aggarwal noted that these 4680-cell advancements and energy expansions will enhance execution and long-term tech strategy. The gains propelled Ola back into the top three EV players in over a dozen states, including Tamil Nadu, Uttar Pradesh, Bihar, Jharkhand, Punjab, and Haryana.