Ola Electric Vehicles

Ola Electric has kicked off a plan to raise up to Rs 2,000 crore by selling a stake in its battery arm, Ola Cell Technologies (OCT), according to the sources. OCT owns the Tamil Nadu-based lithium-ion cell manufacturing plant with 1.5 GWh of operational capacity and plans to scale to 6 GWh by the end of this financial year. Investment bank Avendus and Motilal Oswal are mandated to run the fundraising process, sources said. The development comes amid Ola Electric's efforts to restructure operations and shore up its balance sheet as it works towards its business turnaround. The stake dilution plans will also determine the market valuation of a crucial battery infrastructure asset that has not yet been ascertained, sources said, adding that the asset's unique nature has attracted inbound interest from financial investors, including some leading sovereign wealth funds. The gigafactory, with an upfront investment of Rs 3,500 crore, marks a significant step toward localising battery cel

Ola Electric on Tuesday announced Holi Mahotsav, ushering in a new beginning for India's electric motorcycle journey. On the auspicious occasion of Holika Dahan, which celebrates the start of a new season, the company announced that its Roadster range now starts at just Rs 79,999. This brings electric motorcycles directly at par with popular entry segment ICE motorcycles, the company said in a statement. The company's Roadster X portfolio comes in 2.5 kWh, 3.5 kWh and 4.5 kWh configurations, now priced at Rs 79,999, Rs 92,999 and Rs 99,999 respectively, it added. The Roadster X+, available in 4.5 kWh and 9.1 kWh configurations, is now priced at Rs 1,09,999 and Rs 1,89,000, respectively. As part of its Holi offers, Ola Electric has also introduced Muhurat Mahotsav for today and tomorrow, featuring special limited-time festive offers available exclusively during the designated 90-minute 'shubh muhurat' windows, it stated. Customers will be able to access limited units at a specia

Ola Electric's Q3FY26 revenue fell 55% amid a steep drop in scooter volumes, triggering a 7% slide in its stock as brokerages flagged prolonged turnaround risks and ongoing market share erosion

Ola Electric's Q3 revenue decline was due to a steep drop in the company's scooter sales to 32,680 units from 84,029 units in Q3FY25

India's EV retail market expanded in January 2026, with passenger vehicles and two-wheelers posting strong year-on-year growth amid rising demand, FADA data showed

Ola Electric said it would lay off around 5 per cent of its workforce as part of a restructuring aimed at boosting profitability through greater automation

Ola Electric on Friday said it has secured the Bureau of Indian Standards certification and licence for Ola Shakti in a 6kW/9.1 kWh battery pack powered by 4680 Bharat Cell. Ola Shakti is the country's first residential BESS (Battery Energy Storage System) solution, which is designed, engineered, and manufactured in India. As part of this certification, Shakti underwent a comprehensive set of electrical and mechanical safety-critical tests, including short-circuit and overload protection, safeguards against fire and thermal hazards and protection from electric shock, the Bengaluru-based company said in a statement. It also underwent environmental stress testing, sonic pressure hazard evaluation, mechanical hazard assessment, and other applicable tests in accordance with BIS standards, it added. "With the BIS certification of Shakti 9.1kWh, we are ready to deliver our first residential BESS units. This is an important step in our journey as we reimagine how India will store and cons

Ola Electric on Wednesday announced the expansion of its 4680 Bharat Cell platform. As part of the initiative, businesses and startups can now directly purchase the 4680 Bharat Cells, or the 1.5kWh 4680 Bharat Cell battery pack for application across automotive, humanoids, drones, and portable medical equipment. With this announcement, the company will enable startups and businesses to innovate and scale rapidly with new energy storage solutions designed, engineered, and manufactured in India, the Bengaluru-based firm said in a statement. The company also announced that its residential Battery Energy Storage System (BESS) solution, Ola Shakti is now available for purchase with deliveries for 6kW/9.1kWh starting end of January 2026, and 3kW/5.2kWh starting mid-February 2026. Furthermore, the company said it has also begun deliveries of its flagship motorcycle, Roadster X+ 9.1kWh powered by the 4680 Bharat Cell, offering a range of up to 500 km on single charge. In addition to this,

Ola Electric shares surged today after the company announced the launch of its first शक्ति unit from its state-of-the-art Gigafactory in Krishnagiri, Tamil Nadu.

With 9,020 units registered in December 2025 (as per VAHAN data), Ola Electric increased its month-on-month market share to 9.3 per cent, up from 7.2 per cent in November.

Electric-scooter maker lifts monthly share to 9.3% as Hyperservice rollout helps it return to the top three players in several states

Roadster X+ becomes India's first electric motorcycle approved with an indigenously developed 4680 Bharat Cell battery pack

Ola Electric on Sunday said it has scaled up deliveries of its 4680 Bharat Cell powered S1 Pro+ (5.2 kWh) across Tamil Nadu, Kerala, Telangana, and Karnataka. The company has commenced deliveries across Coimbatore, Kochi, and Hyderabad, along with continued ramp-up in Bengaluru, Ola Electric said in a statement. The S1 Pro+ (5.2 kWh) is the first product powered by the company's indigenously manufactured 4680 Bharat Cell battery pack, delivering more range, higher performance and enhanced safety, it added. "Customers are now taking deliveries of the scooters powered by our own 4680 Bharat Cell, and the rollout is picking up strong momentum. With deliveries scaling across multiple states, we are now gearing up to take the 4680 Bharat Cell powered vehicles nationwide, reaching every corner of the country," an Ola Electric spokesperson said. With its own 4680 Bharat Cell battery packs in the vehicles, Ola Electric is now India's first company to fully own the cell and battery pack ..

Around 10:00 AM, Ola Electric shares continued to trade higher, up 2.97 per cent at ₹36.42 per share. By comparison, BSE Sensex was trading 0.24 per cent lower at 85,206.77 levels.

Ola Electric will convert existing service facilities into Hyperservice Centres offering same-day servicing at no additional cost, with the first centre now operational in Bengaluru

Transaction removes all promoter share pledges, company says control and strategy remain unchanged

Bhavish Aggarwal monetises a small part of his stake, lifting a key overhang while retaining roughly 34 per cent ownership

Ola Electric on Sunday said it has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore. This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience, the Bengaluru-based firm said in a statement. Under Hyperdelivery initiative , customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day, it added. Earlier this year, the company announced that it has moved its vehicle registration process completely in-house. "Hyperdelivery adds another layer of ease and convenience for customers who want to purchase our vehicles. When we introduced it earlier this year,we completely changed the way Indians bought their vehicles," a company spokesperson stated. And today the company starts offering that same ease of ownership for customers who want the 4680 Bharat Cell powered vehicl

Ola Electric is preparing to recruit about 1,000 senior service technicians and specialised professionals as the company moves into the next phase of its Hyperservice programme, according to people familiar with the plan. The expansion will substantially bolster the firm's after-sales workforce of around 2,000 and follows weeks of rapid-response efforts to clear service backlogs in key markets. "This is the second, more structural leg of Hyperservice," a senior company official said, requesting anonymity. "The taskforce was the firefight. This phase is about ensuring we don't have to go through it again." Unlike a typical hiring expansion, the upcoming drive focuses on senior and specialist roles - from EV diagnostics experts to service centre managers and customer-facing advisors. Insiders say the objective is to upgrade capability rather than merely increase headcount, targeting roles that influence repair accuracy, centre operations, and first-contact customer experience. "We a

Ola Electric has initiated a major service reboot, deploying a 250-member rapid-response team across the country to address its after-sales backlogs and stabilise customer support, as per company sources. The team comprises technicians and operational specialists led by the core leadership team, to clear pending repairs and improve spare-part availability for the company's fast-growing electric scooter base. "The company's Hyperservice initiative is aimed at fundamentally transforming how electric two-wheelers are serviced in India. The company has nearly cleared service backlogs in Bangalore under this initiative, and will replicate this framework in other cities across the country," said a source involved in this service effort, on condition of anonymity. The newly mobilised taskforce has been coordinating closely with service centres, backed by real-time communication channels to address all kinds of delays ranging from battery replacements to routine repairs, the source said. A