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Ola Electric Mobility announced a ₹1,500 Crore fund infusion into its subsidiary, Ola Electric Technologies. The investment supports business requirements and strengthens the company's electric vehicle value-chain operations.
Ola Electric is infusing ₹500 Crore into its subsidiary, Ola Cell Technologies, to support cell manufacturing operations. The investment will be completed in tranches by May 2027.
Ola Electric Mobility rescheduled its board meeting to May 20, 2026, to consider audited FY26 financial results. The trading window remains closed until May 23, 2026.
Ola Electric Mobility scheduled a board meeting for May 18, 2026. Directors will consider and approve audited standalone and consolidated financial results for fiscal 2026.
Ola Electric received government certification for its 4680 Bharat Cell powered S1 X+ scooter. This validates the technology's safety and performance for mass-market deployment.
Ola Electric reported 20% MoM growth in April 2026, with registrations rising to 12,166 units despite a 22% industry decline. The company highlighted strong traction for its electric motorcycle portfolio and 4680 Bharat Cell-powered products. This performance underscores Ola's continued recovery momentum and market leadership in the Indian electric two-wheeler segment.
Ola Electric Mobility Limited announced that ICRA has revised/reaffirmed credit ratings for its material subsidiaries. Ola Electric Technologies' long-term rating is [ICRA]BBB (Negative), while Ola Cell Technologies received [ICRA]BBB- (Negative) and [ICRA]A3 ratings. These actions reflect the credit profiles of its key manufacturing and cell technology divisions.
Ola Electric Mobility's subsidiary, OET, allotted 12,76,40,000 OCRPS to fellow subsidiary Ola Cell Technologies for ₹127.64 Crore. This preferential allotment via private placement represents the fourth tranche of investment utilizing IPO proceeds, strengthening the group's internal capital structure and operational integration.
Ola Electric Mobility Limited announced that shareholders approved a Special Resolution via postal ballot on April 22, 2026. The resolution authorizes variations in the objects and timeline for utilizing IPO proceeds. The resolution was passed with a 99.97% majority through remote e-voting, as confirmed by the Scrutinizer's Report.
Ola Electric announced the 'Ola Sona Weekend' for Akshaya Tritiya, launching the limited-edition gold-plated Ola Sona S1 Pro. The company also introduced the Gen 3 S1 X and Roadster X+ at introductory prices, offering benefits worth up to ₹50,000 across its portfolio. These moves aim to drive mass-market adoption of its indigenously developed 4680 Bharat Cell technology.
Ola Electric launched the S1 X+ 5.2 kWh scooter featuring indigenously developed 4680 Bharat Cells. The model offers a 320 km range and 125 km/h top speed. It debuted at an introductory price of ₹1,29,999. This launch signifies the company's vertical integration into cell manufacturing for the mass market.
Ola Electric Mobility Limited announced that the High Court of Bombay at Goa has quashed orders and a bailable warrant previously issued against its CEO by the South Goa District Consumer Commission. The Court ruled that the Commission exceeded its jurisdiction. This legal update resolves a prior intimation dated February 17, 2026.
Ola Electric launched the new S1 X+ 5.2 kWh electric scooter featuring in-house 4680 Bharat Cell technology. The scooter offers a 320 km range and 125 km/h top speed, priced at ₹1,29,999 until April 15, 2026. This launch underscores the company's vertical integration strategy to make long-range EVs more accessible.
Ola Electric announced the readiness of its in-house developed 46100 LFP battery cells, which will integrate into products starting next quarter. The company is also scaling its Gigafactory capacity from 2.5 GWh to 6 GWh. This milestone advances its vertical integration strategy and aims to improve EV affordability and energy storage capabilities.
Ola Electric has announced the launch of its 46100 format LFP cells, which will be integrated into vehicles starting next quarter. Developed at its Gigafactory, this larger cell format aims to reduce vehicle costs and accelerate EV adoption by strengthening the company's internal energy stack.
Ola Electric has secured PLI certification for its Roadster X+ 4.5 kWh motorcycle, making it the first in the Roadster portfolio to comply with Domestic Value Addition norms. This certification enables the model to receive government incentives under the PLI-Auto Scheme, supporting the company's localization and vertical integration strategy.