Ola Electric Mobility Limited has informed the exchange regarding a press release dated May 8, 2026

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AI summary

Ola Electric has received government certification from ICAT, Manesar for its S1 X+ (5.2 kWh) electric scooter under CMVR, 1989. The scooter is powered by Ola's indigenously developed 4680 Bharat Cell battery and delivers a 320 km IDC range with a top speed of 125 km/h. It becomes the longest range product in Ola Electric's mass market scooter portfolio. The certification followed rigorous testing for vehicle-level safety, performance, and regulatory compliance. This milestone enables Ola to bring high-performance EV technology to a wider set of customers across India, especially beyond urban centres.

Likely market impact

This certification clears a key regulatory hurdle for the S1 X+ 5.2 kWh, strengthening Ola Electric's mass market EV portfolio. For shareholders, successful deployment of the in-house 4680 Bharat Cell technology at scale could reduce dependency on external battery suppliers and improve margins.