Ola Electric Mobility Limited has informed the Exchange regarding a press release dated May 08, 2026, titled "Ola Electric Receives Government Certification for Its 4680 Bharat Cell Powered S1 X+ 5.2 kWh Scooter".

Regulatory Product ApprovalBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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prior close

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%+2.2% vs market

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On the reaction day the stock moved 2.2 pts more than Nifty Smallcap 250 and 2.5 pts more than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Ola Electric has received government certification from ICAT (International Centre for Automotive Technology), Manesar for its S1 X+ 5.2 kWh electric scooter under the Central Motor Vehicle Rules (CMVR), 1989. The scooter, powered by Ola's indigenously developed 4680 Bharat Cell battery, delivers a 320 km IDC range and top speed of 125 km/h, making it the longest range product in Ola Electric's mass market portfolio. The certification involved comprehensive testing covering vehicle safety, performance, and regulatory compliance. This milestone allows Ola to expand its vertically integrated battery technology across the mass market segment, making EVs more practical for customers beyond urban centres.

Likely market impact

The government certification enables Ola Electric to commercially launch this extended-range mass market scooter, potentially accelerating sales volumes and EV adoption outside metros. This strengthens Ola's competitive position in India's growing EV market with its proprietary battery technology.