Page 3 - Ola Electric Mobility Ltd News

Why did Ola Electric share price hit a 5% upper limit today? Find out here

Ola Electric shares rose today following the launch of Ola शक्ति, its first residential Battery Energy Storage System (BESS).

Ola Electric shares jump 5% on likely foray into energy storage market

According to a report by PTI, Ola Electric is likely to enter the energy storage market, which is expected to reach over $30 billion by 2030

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Ola Electric likely to foray into India's $30 billion energy storage market

Ola Electric is likely to enter the energy storage market, which is expected to reach over USD 30 billion by 2030, sources said. Ola Electric Chairman and Managing Director Bhavish Aggarwal has hinted at a major announcement on October 17, suggesting the company's entry into the segment. In a tweet, Aggarwal stated that power in India is transitioning "from utility to deep tech - intelligent, portable, and personal", signalling a potential shift beyond the company's core electric vehicle business. Industry sources speculate the announcement could involve Battery Energy Storage Systems (BESS) for homes and businesses, leveraging Ola's existing 4680 Bharat Cell technology from its Tamil Nadu Gigafactory. The timing aligns with growing demand for distributed energy solutions. If Ola is indeed entering the BESS market, the company would benefit from existing infrastructure that reduces traditional entry barriers. Its 5 GWh Gigafactory capacity could be repurposed for storage applicat

Ola Electric's ferrite motor gets nod, cuts rare-earth dependence

India's largest EV maker secures certification for a ferrite motor that removes rare-earth magnets, tackling cost and supply-chain challenges in electric mobility

Ola Electric freezes at 5% upper circuit after 24% fall from September high

Ola Electric up 5% on heavy volumes; till 12:49 PM, a combined 18.36 million equity shares changed hands and there were pending buy orders for 812,000 equity shares on the NSE and BSE.

Ola Electric launches festive Muhurat Mahotsav with scooters from ₹49,999

Ola Electric on Tuesday announced a festive campaign with prices of its S1 scooters and Roadster X motorcycles starting at Rs 49,999 for nine days starting September 23. Under Ola Muhurat Mahotsav, the customers now stand a chance to own Ola's scooters and motorcycles daily at never-before-seen prices, the Bengaluru-based electric two-wheeler maker said in a statement. Under the Muhurat Mahotsav, S1 X 2kWh and Roadster X 2.5kW will be priced at Rs 49,999, and S1 Pro+ 5.2kWh, and Roadster X+ 9.1kWh will be priced at Rs 99,999, it added. Both S1 Pro+ 5.2kWh and Roadster X+ 9.1kWh come with 4680 Bharat Cell battery packs. The company said it will offer limited units of the S1 and Roadster at these prices on a first-come, first-served basis, with Muhurat time-slots being announced on the brand's social media handles each day. "The Muhurat Mahotsav is not just about never-before prices, it's about making world-class EVs accessible to every Indian household, while celebrating our shared

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Stocks to Watch today, September 22, 2025: From IT stocks to MRF, here is a list of shares that will remain on investors' and traders' radar on Monday

Ola Electric aims to halve delivery timelines ahead of festive season

Ola Electric is gearing up for the festive season with an aggressive production and inventory push, aiming to slash vehicle delivery timelines by more than half, from the current handover period of 12-14 days, sources said. Reducing delivery timelines and improved handover experience have been identified as a key priority for the company this season. The company is working to ensure customers do not face the long waiting periods seen in earlier cycles. "The festive season is critical, and delivery speed will be the differentiator," a source said. Over the past few quarters, Ola has steadily shifted from a discount-driven industry playbook to a model anchored in profitability and sustainable growth. While rivals are expected to continue offering deep festive discounts of 10-12 per cent, often at the cost of burning cash, the company has stayed consistent with its focus on improving EBITDA margins. Ola Electric has sold over one million vehicles, nearly double of its closest rival

Ola Electric hits 1 mn production mark, launches special edition RoadsterX+

Ola Electric on Tuesday said it has rolled out one-millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu. Ola Electric commenced production in 2021 and has achieved this landmark in under four years, driven by strong demand for its S1 portfolio of electric scooters, and the recently launched Roadster X electric motorcycles. To mark the milestone, the company has rolled out a special edition RoadsterX+ in a midnight blue, with sporty red accents across dual tone seat, rims and the battery pack. "This marks the celebration of every Indian who trusted us and believed in our mission. In four years, we've gone from an idea to becoming India's EV two-wheeler leader," a company spokesperson said. The Bengaluru-based firm has built at scale and proved that world-class products can be designed, engineered, and manufactured right here in India, the spokesperson added. "This milestone is a testament to how far we've come, and we're just getting started! Our mission is clear: ..

Ola Electric files PLI claim of Rs 400 crore, boosting financial prospects

Ola Electric has filed a claim of around Rs 400 crore incentive under the government's production-linked incentive (PLI) scheme, reinforcing its compliance with rigorous localisation and regulatory requirements, according to sources. As per industry sources, Ola has filed the claim with eligible sales of about Rs 3,000 crore for FY25, translating into an expected incentive of nearly Rs 400 crore. The incentive, calculated at a rate of 13 to 14 per cent, is expected to significantly strengthen the company's liquidity position and deliver a positive impact on its financial performance in the coming quarters, the sources close to the development said. Notably, Ola was the only two-wheeler Original Equipment Manufacturer (OEM) to receive the PLI incentive last year, marking a significant milestone for the company and the industry. Continuing this momentum, Ola has emerged as the top achiever in PLI-eligible sales in the two-wheeler category for two consecutive years, underscoring its .

Ola Electric stock price slips 21% in 1 week; why EV 2W under pressure?

Between August 12 and September 3, in 14 trading days, the stock price of Ola Electric had zoomed 73 per cent.

Ola Electric auditor flags 'material weakness' in inventory controls

Ola Electric's auditor flagged weak inventory controls at its main unit, as SoftBank and automakers cut stakes and regulators probe sales and consumer complaints

Ola Electric Mobility shares slip 6% as SoftBank trims over 2% stake

Ola Electric Mobility shares declined 6 per cent on Friday after SoftBank offloaded 2.15 per cent of its stake in Ola Electric Mobility through open market transactions

SoftBank cuts Ola Electric stake to 15.68% after offloading 2.15%

SoftBank still holds 691.6 million shares in Ola Electric, making it the second largest shareholder in the company after founder Bhavish Aggarwal

Nifty Auto index up 3%; Bajaj, TaMo gain up to 5%; what's behind the rally?

In the past one month, the Nifty Auto index has outperformed the market by soaring 9.5 per cent, as against 0.18 per cent gain in Nifty 50.

Ola Electric zooms 54% in 12 trading days; what's driving EV 2W stock?

In the past five trading days, Ola Electric has outperformed the market by surging 26 per cent, as compared to 1.7 per cent decline in the BSE Sensex.

Stocks in a bull-run: Ola Electric, Uno Minda, 3 others up over 20% in Aug

HBL Engineering, Godfrey Phillips, Ola Electric, Sarda Energy and Uno Minda gained over 20% in Aug. In general, 20% gain is considered a bullish sign; here's a technical check on these 5 stocks.

E2W stocks Ather, Ola Electric rally up to 38% in 1 month; here's why

Ather Energy surged 7 per cent to a record high of ₹458.60, while Ola Electric jumped 5 per cent to a five-month high of ₹57.50 on the BSE

Ola Electric hits 5-month high; up 11% in weak market; stock outlook here

Ola Electric Mobility said earlier that it has secured Production Linked Incentive (PLI) certification for its Gen 3 Scooter Portfolio