Ola Electric

Ola Electric has introduced “Ola Insiders,” a structured community initiative designed to bring customers closer to product development and brand decision-making. The program aims to create a feedback-driven ecosystem where select users gain early access to features, events, and company updates. The move signals a strategic shift toward community-led innovation in India’s rapidly expanding electric vehicle market.

Ola Electric has appointed Deepak Rastogi as its new chief financial officer, marking a significant leadership move as the electric vehicle maker scales operations and sharpens its focus on financial discipline. Rastogi’s appointment comes at a critical juncture, with Ola Electric expanding manufacturing capacity, investing in product development and preparing for long-term capital planning.

Ola Electric has announced the return of its much-anticipated Muhurat Mahotsav, a signature sales event celebrating electric mobility and consumer engagement. The initiative aims to promote Ola’s expanding portfolio of electric scooters and vehicles, offering exclusive deals, festive-themed experiences, and community engagement activities. The revival signals Ola’s confidence in India’s growing EV market and its commitment to strengthening customer loyalty.

Ola Electric has received Rs 366.78 crore under the government’s production-linked incentive scheme, reinforcing its position as a key player in India’s rapidly expanding electric vehicle ecosystem. The incentive reflects the company’s manufacturing scale-up and compliance with domestic value addition norms. For the broader industry, the disbursement underscores the government’s commitment to building a competitive, homegrown EV manufacturing base.

Ola Electric has achieved profitability in its auto business, marking a pivotal moment in the company’s growth trajectory as it sharpens focus on operational efficiency and manufacturing scale. The electric vehicle maker reported improved margins driven by cost optimization, better supply chain management, and a strong sales momentum in its two-wheeler segment. This milestone reinforces Ola Electric’s strategic shift toward financial discipline and long-term sustainability as it prepares for its upcoming public listing.

Ola Electric has launched its nine-day "Muhurat Mahotsav" festive sale, offering unprecedented discounts on select electric vehicles (EVs). Beginning September 23, 2025, the campaign features entry-level models like the S1 X (2kWh) scooter and Roadster X (2.5kWh) motorcycle at ₹49,999, while premium variants such as the S1 Pro+ (5.2kWh) and Roadster X+ (9.1kWh) are available at ₹99,999. Units are released in limited time slots daily, creating a first-come, first-served opportunity for buyers.

Ola Electric unveiled a major capital infusion at its Annual General Meeting (AGM), signaling a strategic push to scale operations, enhance research and development, and expand its electric vehicle (EV) ecosystem. The funding will support production capacity, charging infrastructure, and technological innovation in battery and mobility solutions. Analysts note that this capital raise positions Ola Electric to consolidate its market leadership in India’s rapidly growing EV sector while exploring global opportunities.

Ola Electric appears to be staging a robust recovery, with nearly 60,000 vehicle registrations reported in the first quarter of FY 2026—a 9% month-on-month rise in June. The company’s quarter-over-quarter revenue is estimated to have grown approximately 25%, driven by renewed demand, backlog clearance, and expansion beyond Tier-I cities. With total deliveries expected to exceed 65,000 units, Ola is well-positioned to meet its guidance of Rs 800–850 crore for Q1.

Ola Electric has officially launched its Roadster X Series, a new line of electric motorcycles produced at the company’s state-of-the-art Futurefactory in Krishnagiri, Tamil Nadu. This rollout signifies Ola’s transition from a scooter-centric portfolio to an aggressive expansion into the premium electric motorcycle segment. The Roadster X, available in multiple battery configurations and cutting-edge features like brake-by-wire technology and MoveOS 5 integration, is aimed at redefining performance and user experience in India’s rapidly growing EV market.