Ola Electric, a manufacturer of electric two-wheelers, saw its shares rebound significantly in April, climbing 61.63% after a challenging six-month period. The company reported a 20% increase in sales, with 12,166 units registered in April compared to 10,133 in March, according to VAHAN data. This growth is notable as Ola was the only leading electric vehicle (EV) two-wheeler brand to achieve month-on-month sales growth in a market that experienced an overall 22% decline. The company attributes this resurgence to its expanding EV motorcycle portfolio, particularly the Roadster X, which is gaining traction in key markets like Uttar Pradesh, Bihar, and Madhya Pradesh. Despite this positive momentum, analysts caution that it is premature to declare a complete turnaround, emphasizing the need for consistent sales performance and improvements in service quality. Ola has reported that over 80% of vehicles are now serviced on the same day, which could help restore customer confidence if maintained. Investors are advised to observe sales trends over the coming months to determine the sustainability of this recovery.