Is OLA Electric drowning or recouping?

Over the last couple of months, everyone writing about #OLAelectric is busy writing it's obituary, commenting about the huge LOSS reported in Q4FY25 or the big drop in sales over the recent months.

Here is something OLA Electric's shareholders can have HOPE with:

The way sales figures for OLA Electric have progressed over the month of June'25 so far, is certainly noteworthy.

As per #VAHAN Database, till the 18th of June, OLA's sales had averaged at just 476 units per day. At that point OLA was on the verge of being overtaken by #AtherEnergy. OLA Electric's market share for the month had dropped to 15.9% at that point, compared to 27.8% for #TVSmotor, 24.1% for #BajajAuto & 14.6% for Ather Energy.

Since the 19th of June, OLA's sales have shown good progress. For the next 7 days, OLA's sales averaged at 755 units per day, helping it's market share improve to 17.6% for June'25 till the 25th of June.

For the next 4 days, OLA's sales have averaged at 1193 units per day!! OLA's market share has further improved to 19.7% for the month till 29th of June. At the same time, TVS Motor's market share has dropped to 25.6% & Bajaj Auto's is down to 22.9%. Ather Energy is still holding steady at 14.6%.

Hopefully OLA Electric will end the month of June with over 20% market share. And if it manages to maintain this momentum in July, it should see it's market share to be back to 25+% level. Let's see. I am keeping my fingers crossed.