New Delhi, May 4 -- Ola Electric Mobility shares rose over 3% on Monday, 4 May, after the company reported strong month-on-month growth for April 2026.

According to VAHAN data, registrations increased to 12,166 units in April from 10,133 units in March, indicating a steady pickup in demand.

This indicates a 20% increase month-on-month, continuing the recovery trend observed in March, according to a statement from Ola Electric.

The company's results were notable in a month when the general electric two-wheeler market declined by more than 22% month-on-month, it mentioned.

Ola Electric was the sole major EV two-wheeler brand to register growth month-on-month in April, demonstrating enhanced consumer confidence, stabilising operations, a...