Ola Electric, an electric vehicle manufacturer in India, saw its share price climb 72.09% to ₹40.66 per share within just 15 days. This surge follows a significant increase in demand, with vehicle registrations rising from 3,973 units in February to 10,117 units in March, representing over 150% month-on-month growth. The company has also achieved a major milestone, becoming the first EV manufacturer in India to surpass one million cumulative registrations. Additionally, Ola Electric announced that its in-house lithium iron phosphate (LFP) battery is now production-ready, which is expected to lower vehicle costs and enhance EV adoption. The recent launch of the S1 X+ electric scooter, priced at ₹1,29,999, is part of the company's strategy to introduce advanced battery technology to the mass market. Positive investor sentiment is further bolstered by the Delhi government's draft EV Policy (2024-2030), which sets ambitious electrification targets and proposes an outlay of ₹40,000 crore to support the sector. As Ola Electric prepares for its upcoming Q4FY27 earnings report, the market is keenly anticipating insights into its growth trajectory.