Mumbai: Ola Electrical witnessed a major decline in its electrical two-wheeler gross sales in March 2025, registering 23,430 items, which is a 56 per cent drop in comparison with the identical interval final yr. The corporate attributed the autumn to disruptions attributable to its transition to in-house automobile registrations, which had began in February.

Nonetheless, Ola Electrical claimed that demand remained sturdy throughout each city and rural markets. The electrical automobile producer had confronted registration delays in February as a consequence of renegotiations with third-party service suppliers, Rosmerta Digital Providers Non-public Restricted and Shimnit India Non-public Restricted, which impacted its month-to-month VAHAN registration figures.

In a press release on Tuesday, Ola Electrical stated that it has almost cleared the backlog from February and expects to finish the remaining February-March registrations in April 2025. The corporate additionally assured that it’s ramping up its registration operations and actively coordinating with exterior stakeholders to smoothen the method.

Regardless of the annual decline, Ola Electrical’s March 2025 gross sales have been a major enchancment from February, rising by 171 per cent month-on-month. The corporate additionally commenced deliveries of its Gen 3 portfolio throughout the month, with an amazing response from prospects.

Ola stated it has elevated manufacturing of its new fashions and can proceed to scale up in April to boost supply speeds and enhance buyer expertise. 

Nonetheless, Bajaj Auto emerged as a robust performer in March, registering a 93 per cent year-on-year (YoY) development with 34,863 items offered. The corporate benefited from the Gudi Padwa pageant, which was celebrated in March this yr as an alternative of April, driving buyer purchases.

Moreover, Bajaj’s newly launched Chetak scooter on the 3S platform has contributed to value efficiencies and margin enhancements. 

TVS Motor additionally reported development in its electrical two-wheeler gross sales, with a 14 per cent YoY enhance, promoting 30,454 items in March. The corporate’s I-Qube, now out there with a smaller battery pack, has gained recognition. 

Then again, Ather Vitality noticed an 11 per cent decline in YoY gross sales as a consequence of sturdy pre-buy demand below the FAME 2 scheme in March 2024, which had boosted final yr’s figures.

Hero MotoCorp and Greaves Electrical made vital features on a month-on-month foundation. Hero MotoCorp noticed a 196 per cent leap in gross sales in comparison with February, reaching 7,977 items, whereas Greaves Electrical, which sells Ampere-branded two-wheelers, registered a 52 per cent month-on-month development, largely pushed by the success of its newly launched Magnus scooter.