Ola Electric shares witnessed a significant growth of nearly nine percent in today trading session as the company reported a notable recovery in its market share for the month of December Investors reacted positively to the latest figures which showed that the electric vehicle manufacturer registered nine thousand and twenty units according to data from the Vahan portal The company share in the market climbed from seven point two percent in November to nine point three percent in December showing a strong upward trend During the second half of the month the market share reached approximately twelve percent which indicates an increase in customer demand and effective operational execution A major factor contributing to this turnaround is the implementation of the Hyperservice program which aims to improve customer service speed and resolution The company also noted that they have regained a top position among electric vehicle players in several states across India including Uttar Pradesh Tamil Nadu and Bihar Further positive momentum came from the start of deliveries for the S1 Pro Plus model and the certification of new motorbikes powered by Bharat Cell technology which strengthens the future product pipeline for the firm
Read More: Ola Electric Stock Jumps After Substantial Gain in December Market Share
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