OLAELECNSEOla Electric Mobility LimitedMinimalNeutral
Announced Mon, 13 Apr · 13:49 IST

Ola Electric Mobility Limited has informed the Exchange regarding a press release dated April 13, 2026, titled "Ola Electric Launches S1 X+ 5.2 Kwh With 4680 Bharat Cells; Makes Long Range EV Scooters More Accessible For Every Indian".

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AI summary

Ola Electric has launched a new electric scooter model called S1 X+ with a 5.2 kWh battery pack, featuring the company's indigenously developed 4680 Bharat Cell technology. The scooter offers a 320 km range, 125 km/h top speed, and an 11 kW mid-drive motor. It has been launched at an introductory price of ₹1,29,999, valid until April 15, 2026. This launch brings Ola's in-house cell technology to the mass market for the first time, supporting the company's vertical integration strategy from cell development to vehicle manufacturing. The company positions this as a major step toward making long-range EVs accessible to all Indian consumers.

Likely market impact

The launch expands Ola Electric's mass-market EV portfolio with competitive specifications at an accessible price point. It demonstrates the company's ability to leverage indigenous battery technology across its product range, potentially strengthening its competitive position in India's EV market.