OLA S1

Ola Electric has greenlit a Rs 2,000 crore investment aimed at expanding its battery cell production and advancing in-house technology capabilities, reinforcing its long-term EV strategy.

Ola’s S1 X+ 5.2 kWh scooter receives ICAT certification for its new 4680 Bharat Cell, marking a major step in indigenous EV battery technology.

April 2026 Vahan data shows India’s high‑speed electric two‑wheeler market cooling after March’s peak but still at near‑record levels.

Ola Electric's FY26 has been turbulent: sales plummeted 47% MoM in Feb 2026 to 3,968 units, market share dipped under 6%, and ICRA issued a downgrade citing competition and losses.

Ola Electric strengthens its internal financial structure as its subsidiary allots Rs 127.64 crore in preference shares to a group entity.

Ola Electric’s Roadster X now holds more than half the EV‑motorcycle market in several high‑volume Indian states, highlighting its growing penetration in the bike‑centric regions.