Page 4 - Ola Electric Mobility

Can Ola's rare-earth-free motor power India's self-reliant EV revolution?

By replacing rare-earth magnets with ferrite, Ola aims to make EVs cheaper, locally sourced, and less reliant on Chinese supply chains. But key engineering hurdles remain

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 becomes 1st Indian automaker to get govt nod for in-house ferrite motor

Ola Electric on Monday said it has become the first two-wheeler EV manufacturer to receive government certification for its in-house developed rare-earth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets, the Bengaluru-based firm said in a statement. The certification has been granted by Global Automotive Research Centre, Tamil Nadu, after Ola Electric's ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041, that is notified by the Ministry of Road Transport, Government of India, it added. AIS 041 is an Automotive Industry Standard (AIS) issued by the Automotive Research Association of India under the Ministry of Road Transport and Highways. The tests showed that the company's in-house developed ferrite motor's performance matched that of the motors with rare-earth permanent magnet motors in terms of net power for 7kW and 11 kW variants, it said. T

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

Stocks to Watch today, Sept 22: IT stocks, Oil India, SCI, Ola Electric, Vi

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 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

SCO Summit, Modi meets Jinping, Putin; Ola Electric shares rise, Afghanistan quake & more

At the SCO Summit in Tianjin, China, Prime Minister Narendra Modi called for a united global front against terrorism. Member states strongly condemned the April 22 Pahalgam terror attack.

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

Top stocks to buy today, Aug 28: Ola Electric, RattanIndia Entp and more

OLA Electric has witnessed strong volume buying at lower levels and has given a breakout of its falling trendline, signaling the beginning of a bullish trend, said Kunal Kamble of Bonanza

Ola Electric secures PLI certification for Gen 3 scooter portfolio

Ola Electric on Tuesday said its Gen 3 scooter portfolio has received certification under the Production Linked Incentive scheme for the automobile and auto components sector. The certification was granted by the Automotive Research Association of India (ARAI) to all seven Ola S1 Gen 3 scooters. With this milestone, Ola Electric's Gen 2 and Gen 3 scooter portfolio now stands PLI-certified, the Bengaluru-based firm said in a statement. The Gen 3 portfolio, comprising S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh, represents the majority of the company's current sales, it added. As a result, this certification is set to significantly enhance Ola Electric's profitability from Q2 FY26 onwards, it noted. "Securing PLI certification for our Gen 3 scooters, which form the bulk of our sales, is a critical step towards profitability. This will directly strengthen our cost structure and margins, enabling us to deliver sustainable growth," a ..

Ola Electric gains 5% on PLI certification; Q2 profitability boost expected

Ola Electric shares rose 5 per cent on Tuesday, logging an intra-day high at ₹51.1 per share on BSE, after the company secured Production Linked Incentive (PLI) certification for its Gen 3 Scooter