Ola Electric Mobility Limited has informed the Exchange regarding a press release dated November 16, 2025, titled "Ola Electric Commences Test Rides of 4680 Bharat Cell-Powered Vehicles at Flagship Stores Across India".
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Awaiting price reaction for this filing.
Ola Electric has started offering test rides of electric vehicles powered by its indigenous 4680 Bharat Cell battery technology at its flagship stores across India. The 4680 Bharat Cell is the company's in-house developed lithium-ion battery cell, aimed at reducing reliance on imported cells and improving cost efficiency. Launching public test rides indicates that the technology has moved past internal testing and is nearing commercial production and retail availability. This is a key step in Ola Electric's plan to vertically integrate battery manufacturing within its EV lineup.
Positive for shareholders as it signals tangible progress on Ola's indigenously developed battery technology and a step closer to commercialization, potentially improving cost competitiveness and margins in the EV segment.