SoftBank Sells Another 2.15% Stake In Ola Electric

Core Insights - Ola Electric is facing significant challenges including regulatory scrutiny, increased competition in the electric two-wheeler (E2W) market, revenue contraction, and heavy losses [1][5] Stake Reduction - SoftBank Group has reduced its stake in Ola Electric from 15.68% to 13.53% by selling 9.46 Cr shares, or 2.15%, through open market transactions between September 3, 2025, and January 5, 2026 [2][3] - This divestment marks the second significant stake reduction by SoftBank in the past six months, having previously offloaded another 2.15% stake between July and September 2025 [3] Financial Performance - Ola Electric's net losses narrowed by over 15% to INR 418 Cr in Q2 FY26 from INR 495 Cr in the same quarter last year, but revenue declined by 43% year-on-year to INR 690 Cr [5] - The company's market share in the E2W segment fell to 16.1% in 2025 from 36.7% the previous year, as competitors like TVS Motor and Bajaj Auto gained ground [6] Strategic Moves - To address operational challenges, Ola Electric launched its first Hyperservice Centre in Bengaluru, with plans for nationwide expansion [7] - The company is also focusing on the mass rollout of vehicles powered by its in-house manufactured 4680 Bharat Cell battery pack to improve margins and scale [7] Market Activity - Ola Electric's shares have been on a downward trend, hitting an all-time low of INR 30.79 on December 18, 2025, and closing at INR 39.49, down 2.42% in the latest trading session [6][7]