Ola vs Ather: Who Is Actually Selling More in 2026?
Ola Electric against Ather Energy on Vahan registrations — September 2026 standings, the month-by-month record, and whether the gap is opening or closing.
Where the race stands
In September 2026, Ather Energy registered 30,822 two-wheelers against Ola Electric on 13,457 — a gap of 17,365 units, 129% clear.
Every figure here counts two-wheelers only, from Vahan's own vehicle-class filter: nothing else either company registers is mixed in.
From January to September 2026, Ola Electric has registered 1,07,927 units (−36.4% year on year) and Ather Energy 2,61,894 (+80.1%). Ather Energy is ahead by 1,53,967 units on the year.
The gap has been broadly stable over the last six months.
Over the 33 months in our record, Ola Electric has finished ahead 18 times and Ather Energy 15 times.
Ola Electric vs Ather Energy — monthly registrations
Every month from January 2024 to September 2026, plus October so far (dashed)
Registrations per month, the gap between them, and who took the month.
| Month | Ola Electric | Ather Energy | Gap | Winner |
|---|---|---|---|---|
| Sep 2026 | 13,457 | 30,822 | 17,365 | Ather Energy |
| Aug 2026 | 13,948 | 29,138 | 15,190 | Ather Energy |
| Jul 2026 | 14,243 | 30,704 | 16,461 | Ather Energy |
| Jun 2026 | 16,295 | 31,529 | 15,234 | Ather Energy |
| May 2026 | 15,307 | 28,651 | 13,344 | Ather Energy |
| Apr 2026 | 12,401 | 29,021 | 16,620 | Ather Energy |
| Mar 2026 | 10,289 | 36,629 | 26,340 | Ather Energy |
| Feb 2026 | 4,176 | 21,914 | 17,738 | Ather Energy |
| Jan 2026 | 7,811 | 23,486 | 15,675 | Ather Energy |
| Dec 2025 | 9,403 | 18,635 | 9,232 | Ather Energy |
| Nov 2025 | 8,893 | 22,201 | 13,308 | Ather Energy |
| Oct 2025 | 16,439 | 30,246 | 13,807 | Ather Energy |
| Sep 2025 | 13,862 | 19,620 | 5,758 | Ather Energy |
| Aug 2025 | 19,464 | 19,469 | 5 | Ather Energy |
| Jul 2025 | 18,449 | 17,834 | 615 | Ola Electric |
| Jun 2025 | 20,699 | 16,018 | 4,681 | Ola Electric |
| May 2025 | 18,969 | 14,102 | 4,867 | Ola Electric |
| Apr 2025 | 20,208 | 14,342 | 5,866 | Ola Electric |
Registrations inside two-wheelers only (Vahan vehicle-class filter).
Frequently asked questions
Who sells more, Ola Electric or Ather Energy?
How many two-wheelers did Ola Electric sell in September 2026?
How many two-wheelers did Ather Energy sell in September 2026?
What data is this comparison based on?
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
