Ola Electric Mobility Limited has informed the Exchange regarding General Communication to Shareholders dated August 16, 2025.

Ola Electric shared an update with shareholders on its annual event 'Sankalp 2025', held on August 15, 2025, themed around its 'India Inside' vision. The company unveiled multiple new products and technology updates, including its indigenously developed 4680 Bharat cell going live in the Roadster X+ 9.1 kWh and S1 Pro+ models with deliveries starting September 2025, a new rare-earth-magnet-free Ferrite motor to address supply chain risks, and MoveOS 6 software with features like traffic sign recognition and voice assistant in 11 Indian languages launching January 2026. The company also introduced its Gen 4 platform offering 76% higher peak power, 25% lower weight, 15% better energy efficiency, and 41% lower cost versus Gen 1, and launched the S1 Pro Sport at an introductory price of Rs. 1,49,999. Ola reported a Q1 FY2026 gross margin of 25.6% and expects robust margins in FY2026 with further improvement from Gen 4 roll-out in FY2027, while the Auto segment is expected to turn operating cash flow positive later this year with minimal growth capex required.