Ola Electric Piloting Same Day Registration & Delivery Of EVs

Bhavish Aggarwal-led Ola Electric is piloting a new service dubbed ‘Hyper Delivery’ that will see the company offer same day registration and delivery of its escooters.

Ola Electric is initially piloting the service in Bengaluru and will scale it up across India during this quarter in a phased manner, it said in a statement. 

The move is a continuation of the company’s strategic decision to “leverage AI for automation and move its vehicle registration process in-house”.

“Ola Electric has implemented AI to automate the majority of the steps in a registration process, thereby enabling it to eliminate the middlemen associated with the typical registration process. This has enabled the company to introduce the initiative of #HyperDelivery,” the company said.

Shares of Ola Electric ended today’s trading session almost flat at INR 54.06 on the BSE.

What Is Behind The New Initiative?

Ola Electric was the de facto leader in the Indian two-wheeler EV space in FY25, having clocked 3.44 Lakh vehicle registration and a 30% market share during the fiscal. However, cracks started to emerge towards the end of the fiscal. 

Amid mounting competition from legacy automotive players Bajaj Auto and TVS Motor, the EV giant’s market share withered to 12% in February and then improved somewhat to 18% in March 2025. However, the dip was not unexpected. 

In February, Ola Electric informed the bourses that it was witnessing delays in EV registrations due to its ongoing negotiations with registration agencies. Part of the company’s larger plan to curb losses and strengthen margins, the negotiations went south as one of the vendors, Rosmerta Digital Services, filed an insolvency petition against subsidiary Ola Electric Technologies for unpaid dues. 

Acting quickly, the EV maker settled the case and has now lined up plans to deploy AI to move the registration process in-house. On the back of this, Ola Electric now plans to clear the backlog by April-end.

The latest move will also help the company address complaints about allegations of delays in providing service and deliveries. 

However, the Aggarwal-led company has also been grappling with multiple other issues, with the biggest one probably being mounting losses. 

Ola Electric’s Strategy To Improve Bottom Line

The company’s path to profitability will be built on three pillars – product portfolio expansion, sales & network expansion and automation, it said in an investor presentation on Tuesday (April 1).

It must be noted that the Bhavish Aggarwal-led company added over 3,200 stores to its existing EV distribution network in December, taking the total tally to 4,000. 

In the presentation, the EV maker said that this has helped it bring down its service turnaround time by around 56% in the last few months. While it took the company 2.5 days on an average to resolve service requests in September 2024, this improved to 1.1 days in January-February 2025, it said.

The company expects its vehicle inventory will decrease to 20 days in the June quarter of the ongoing fiscal year (Q1 FY26) from 35 days in Q4 FY25. It also projected that its delivery time would reduce to 3-4 days in Q1 FY26 from 12 days in Q4 FY25.

It is pertinent to mention that Ola Electric forayed into the ebike market with the launch of Roadster X series in February. Prior to that, it also unveiled the Gen 3 portfolio of its Ola S1 scooters.

Last year, reports surfaced that Ola Electric was working on an electric three-wheeler, potentially named ‘Raahi’, with plans to launch it in 2026. In the presentation, the company said that its product map for Q2 FY26 and beyond includes the launch of three-wheeler passenger and cargo vehicles.

Recently, the EV maker’s board also approved an infusion of INR 199 Cr in its battery manufacturing subsidiary Ola Cell Technologies.

On the back of all these, the company is looking to improve its bottom line and turn profitable. In Q3 FY25, Ola Electric’s net loss widened 50% year-on-year (YoY) to INR 564 Cr. Meanwhile, operating revenue declined 19% YoY to INR 1,045 Cr during the quarter.