Ola Electric experienced a significant decline in its electric two-wheeler market share in 2025, dropping from 36.7% in 2024 to 16.1%. The company sold 1,96,767 vehicles, facing challenges including service delays and inconsistent deliveries. This downturn coincided with established manufacturers like TVS and Bajaj gaining ground, leveraging their dealer networks and after-sales support. Ola Electric also reported a net loss of Rs 418 crore in Q2 FY26, with revenue from operations decreasing by 43% year-on-year.