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Ather Expands Service Network to 500 Locations While Ola Electric Reduces Retail Presence
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Ather Doubles Service Network to 500 as Ola Electric Shrinks Retail Footprint
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Storyboard
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18-03-2026, 10:57
Ather Doubles Service Network to 500 as Ola Electric Shrinks Retail Footprint
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Ather Energy expands its service network to 500 centers, nearly doubling from 277 in FY25, targeting 700 outlets by FY26.
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Ola Electric reduces its physical store network to approximately 550 locations, a significant shift from its earlier ambition of 4,000 stores.
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Ather reported Rs 954 crore revenue in Q3 FY26, narrowing losses by 57%, while Ola Electric's revenue dropped 55% to Rs 470 crore.
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In February 2026, Ather recorded 20,581 vehicle registrations (18.43% market share), becoming a leading EV two-wheeler manufacturer.
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Ola Electric registered 3,968 units in the same period (3.55% market share), falling out of the top five.
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