Ola Electric Vehicles

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 ...

Ola Electric diverts IPO funds from R&D to debt amid mounting pressures

EV maker reallocates ₹575 crore from R&D to debt repayment and growth as sales slow, market share slips and fundraising challenges persist

Ola Electric plans stake sale to raise up to ₹2,000 crore for battery arm

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 launches Holi Mahotsav; Roadster range now starts at ₹79,999

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 hit by volume slump, market share loss as Q3 revenue plunges

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 Q3FY26 result: Loss narrows to ₹487 cr, revenue drops 55%

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

EV retail sales expand in January, with gains across PVs and two-wheelers

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 to cut 5% of workforce amid automation, profitability push

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 secures BIS nod for India's first home battery system

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 announces expansion of 4680 Bharat Cell platform

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,

Why did Ola Electric share price rise 3% in overall subdued market? Details

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.

Ola Electric share price zooms 9% on January 2; should you hold or sell?

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.

Ola Electric's market share rises in December after service overhaul

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

Ola Electric gets certification for 4680 Bharat Cell-powered Roadster X+

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

Ola Electric steps up deliveries of '4680 Bharat Cell' vehicles in 4 states

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 ..

Ola Electric share price jumps 5% after ₹367-crore PLI incentive approval

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 rolls out Hyperservice Centres with same-day service guarantee

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

Ola Electric promoter Aggarwal sells small stake to clear ₹260 cr loan

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