Ola Electric Vehicles

Ola Electric's first dealer-partner stores now open across seven states

Ola Electric on Friday announced the launch of its first cohort of network-partner stores, with dealer-operated outlets in the states of Rajasthan, Tamil Nadu, Maharashtra, Bihar, Telangana, Uttar Pradesh & Madhya Pradesh going live. The stores deepen the company's presence in key regional markets and will serve local demand for Ola scooters and motorcycles in their local markets. The inauguration marks a structural shift in the company's retail strategy. On August 6, Ola Electric opened its sales and service network to dealer partners for the first time, five years after launching its first scooter through a fully company-owned model. Within a month of that announcement today, the first partner stores are open and serving customers, a testament to strong dealer interest in its product portfolio. The transition to a partner-led distribution network enables stronger local market penetration, improved accessibility, and faster customer response across geographies. Manoj Murali, ...

Ola Electric gets ₹95.8 crore PLI boost as it works to cut cash burn

The latest PLI sanction gives Ola Electric incremental liquidity as the company works to lower operating losses and reduce cash consumption

Ola Electric launches S1Z with homegrown LFP cells, starts at ₹79,999

The mass-market scooter comes with 3.1 kWh and 5.1 kWh battery options, offering up to 301 km of IDC range; deliveries are set to begin in December 2026

Ola Electric share price surges 6% after new S1Z electric scooter launch

Ola Electric launches the S1Z, bringing its indigenous Bharat Cell LFP technology to affordable electric scooters.

Ola Electric unveils expansion of Shakti energy storage portfolio

Ola Electric has unveiled an ambitious expansion of its 'Shakti' energy storage portfolio, designed to store energy when it is available and deploy it when it is needed, from keeping a home powered through an outage to managing renewable energy at grid scale. The unveiling was done on India's 80th Independence Day, Ola Electric said in a statement. Built around indigenous LFP battery technology and the company's vertically integrated cell-to-system capabilities, Ola Shakti creates a single architecture across three markets: home energy with Shakti Gen2, commercial and infrastructure energy with Shakti Rack, and industrial and utility-scale energy with Mahashakti, it added. "The use cases of our world-class battery and cell technology will manifest beyond electric mobility," said Bhavish Aggarwal, Chairman and Managing Director, Ola Electric. He further said,"Ola Shakti extends that innovation across every scale, from the home to the grid, helping India store and use clean energy ..

India's EV penetration tops 12% for first time in June, led by e2Ws

India's EV market crossed 12 per cent of overall vehicle retail sales for the first time in June, driven by record electric two-wheeler sales and broad-based growth across segments

Ola Electric faces insolvency petitions from two suppliers over unpaid dues

The suppliers allege the EV maker's operating arm owes more than Rs 40 crore in unpaid dues and have asked the NCLT to initiate insolvency proceedings

Ola Electric doubles QoQ growth in Q1 FY26; June registrations at 16,144

Ola Electric on Wednesday said its electric two-wheeler registrations nearly doubled sequentially in the April-June quarter, aided by improving retail execution, stronger product availability and sustained demand. The company registered 43,719 vehicles in the first quarter of FY2026, up from 22,252 units in the January-March quarter, according to the government VAHAN registration data cited by the company. June vehicle registrations stood at 16,144 units, the highest monthly tally in recent quarters, capping a quarter of steady recovery in sales momentum. "The sustained momentum reflects the success of our operational improvements, strong product portfolio and continued customer preference for Ola Electric," a company spokesperson said. The Bengaluru-based electric scooter maker said the sequential growth was driven by improvements in retail execution, customer demand and product availability following operational initiatives undertaken over recent quarters. Ola Electric said it .

Ola Electric raises ₹780 crore through qualified institutional placement

EV maker exceeded its initial Rs 500 crore target; proceeds will fund debt repayment, growth initiatives and general corporate purposes

Ola Electric reports 23% jump in May registrations on strong demand

Ola Electric's registrations rose to 15,139 units in May, from 12,323 units in April, a 23 per cent month-on-month increase, according to VAHAN data. The company's performance stood out in a month when the broader electric two-wheeler industry volumes grew by 15 per cent month-on-month, Ola Electric said in a statement. This is a third consecutive month of robust sales recovery, which comes on the back of a front-end retail rejig and better operational execution, as Ola's two-wheeler EV portfolio bounces back amid petrol price increases, marking a broader market shift to electric vehicles, it added. "Ola Electric has delivered its third consecutive month of growth, with May registrations rising 23 per cent month-on-month and significantly outpacing industry growth," said an Ola Electric spokesperson. The strong demand environment, coupled with increasing traction for its Roadster portfolio, has helped us maintain the growth momentum, he said, adding that "We remain focused on ...

Ola Electric secures regulatory approval for commercial e-scooter launch

Ola Electric has secured regulatory approval for a new electric scooter aimed at India's commercial mobility market, according to a government certification document, signalling the company may be preparing to enter the fast-growing commercial EV two-wheeler segment as early as this quarter. The homologation, granted by the Automotive Research Association of India (ARAI) in February 2026 under the Central Motor Vehicle Rules (CMVR), covers an L1-category electric scooter powered by a 4-kilowatt motor with a top speed of about 70 kilometres per hour. The vehicle appears to be based on Ola Electric's existing S1 platform but configured for commercial use cases such as food delivery, quick-commerce logistics and urban fleet operations, according to people familiar with the plan. Industry sources said homologation is typically among the final regulatory steps before a product launch, indicating the vehicle could be nearing commercial rollout. The scooter's configuration suggests a focu

Ola Electric eyes sharp Q1 rebound as registrations cross Q4 levels

Ola Electric is on track to nearly double quarterly volumes in the June quarter, with registrations in the first quarter of FY27 already surpassing the company's entire Q4 FY26 tally on the VAHAN vehicle registration portal, signalling a sharp recovery in demand after a weak March quarter. According to VAHAN data, Ola Electric has recorded about 22,600 registrations so far in Q1 FY27, exceeding the 22,221 units registered in Q4 FY26 with around 40 days still remaining in the quarter. The rebound follows what the company previously described as a low-volume quarter marked by an operational reset and service stabilisation efforts. Ola Electric has guided for 40,000-45,000 orders and consolidated revenue of Rs 500 crore to Rs 550 crore in Q1 FY27, implying a near doubling from Q4 levels if current registration trends continue through June. Founder and chairman Bhavish Aggarwal said during the company's post-results call that registrations had risen from around 10,000 units in March to

Why two- and three-wheeler EV startups are pushing for PLI scheme inclusion

Why startups in two- and three-wheeler EV space have escalated their demand for PLI inclusion

Bhavish Aggarwal's second coming? Ola bets big on electric motorcycles

The Ola Electric founder is attempting to rediscover his mojo and galvanise the market for electric motorcycles

Ola Electric's April enrolment up 20% despite dip in 2W EV market

Company bucks 22% industry decline in April with strong MoM growth, driven by improving operations, customer confidence and rising demand for its expanding EV portfolio

Ola Electric delivers 20% MoM growth in April, continues recovery momentum

Ola Electric on Friday announced a strong month-on-month growth in April 2026, with registrations rising to 12,166 units, up from 10,133 units in March, according to VAHAN data. This represents a 20 per cent MoM increase, building on the recovery momentum seen in March, Ola Electric said in a statement. The company's performance stood out in a month when the broader electric two-wheeler industry declined by over 22 per cent MoM, it added. Ola Electric was the only leading EV two-wheeler brand to grow month-on-month in April, reflecting improving customer confidence, stabilising operations, and continued demand for its expanding EV portfolio, the company said. "March marked a strong recovery for Ola Electric, and April has continued that momentum. Registrations grew 20 per cent month-on-month even as the market declined sharply, making Ola the only leading EV two-wheeler brand to grow in April," an Ola Electric spokesperson said. This reflects stronger execution, stabilising ...

Ola Electric unveils S1 X+ amid market share pressure, rival gains

Ola Electric has launched the S1 X+ scooter with a 5.2 kWh battery, aiming to expand reach in the mass market amid declining market share and rising competition

Ola Electric launches LFP cell for EVs, rollout to begin next quarter

Ola Electric on Tuesday announced readiness of its in-house developed lithium iron phosphate (LFP) cell, marking a key milestone in its mission to accelerate electric mobility and build a full-stack energy ecosystem. Developed as part of Ola's vertically integrated battery innovation efforts, the new '46100' format LFP cell is bigger than the current NMC 4680 Bharat Cell and represents a step-change in scale, cost efficiency, and applicability across both mobility and energy storage solutions, and will begin entering its products starting next quarter, the company said in a statement. The announcement comes as Ola Electric's Gigafactory ramp continues to progress strongly, with thousands of vehicles powered by its 4680 Bharat Cells already on Indian roads, collectively clocking millions of kilometers in real-world conditions, it added. This growing on-road validation underscores the reliability and performance of Ola's indigenous cell technology while demonstrating the company's ...

Ola Electric receives PLI certification for Roadster X+ 4.5 kWh e-bike

Ola Electric on Friday said it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) scheme for its electric bike Roadster X+ 11 kW 4.5 kWh. The Certification for Compliance was issued by the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme), Ola Electric said in a statement. With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a significant milestone in the company's expansion into the electric motorcycle segment, it added. The certification confirms a minimum Domestic Value Addition (DVA) compliance for Roadster X+ 4.5 kWh. The model is eligible for incentives under the PLI-Auto Scheme for all Roadster X+ 4.5 kWh units. "The PLI certification for our Roadster X+ 4.5 kWh is a strong validation of our efforts towards deep localisation and buildi

Ola Electric cuts Roadster 9.1 price by ₹60,000, cites cost efficiencies

Ola Electric on Thursday announced a price reduction of Rs 60,000 on its flagship electric motorcycle, Roadster X+ 9.1 kWh powered by its 4680 Bharat Cell. The move has been enabled by rapid economies of scale at its Gigafactory and deep vertical integration of its indigenously developed 4680 Bharat Cell, Ola Electric said in a statement. As cell production has ramped up, cost efficiencies have improved materially, allowing Ola Electric to pass on these benefits directly to customers, it added. The Roadster 9.1 kWh will now be priced at Rs 1,29,999, down from Rs 1,89,999, and would be available in limited units only during specific purchase windows, the company said. Ola Electric said it will transition from open sales of Roadster X+ 9.1 kWh to a limited purchase window model, with vehicles made available in specific time-bound slots and limited quantities. "The first purchase window will open on Friday, April 3, from 6:00 PM to 9:00 PM, with subsequent windows to be announced ...