Ola Electric

Ola Electric, India’s leading electric two-wheeler manufacturer, is reportedly preparing to enter the high-performance segment with a sports-focused electric scooter. The move aligns with the company’s broader strategy to expand its product portfolio beyond mass-market offerings and tap into the growing premium EV segment. While details remain under wraps, industry sources indicate that the upcoming model could feature advanced battery technology, faster acceleration, and a sportier design aimed at performance enthusiasts.

Ola Electric posted an impressive 35.5% surge in revenue for the first quarter, reflecting sustained demand for its electric scooters and expanding market footprint. Notably, the company’s core automotive business achieved EBITDA profitability during this period — a milestone that underscores improved operational efficiency and disciplined cost management. As the company continues to invest in technology, manufacturing capacity, and nationwide charging infrastructure, these results highlight a promising shift toward financial self-sufficiency.

Ola Electric has rolled out its much-anticipated MoveOS 5 software update, reinforcing its position as a pioneer in India’s electric two-wheeler segment. The latest upgrade brings a host of advanced features to its popular S1 scooter lineup, including improved navigation, smarter regenerative braking, and refined performance modes. Simultaneously, Ola offered a fresh glimpse of its upcoming Roadster X, a more powerful, sport-oriented e-motorcycle aimed at urban commuters seeking performance without compromising sustainability.

Ola Electric has officially launched deliveries of its highly anticipated Roadster X series, a landmark entry into India’s electric motorcycle segment. With prices starting at Rs. 99,999 and top variants offering over 500 km of range on a single charge, the lineup is designed to revolutionize urban commuting. The first 5,000 customers are being offered benefits worth Rs. 10,000, including extended warranties and service perks. This launch underscores Ola’s growing ambitions in the EV market and marks a significant milestone in India’s transition to clean mobility.

Ola Electric Mobility has enlisted Ernst & Young (EY) to bolster regional compliance as the company undertakes a significant overhaul of its distribution strategy. The move comes as the electric vehicle (EV) manufacturer shifts from a warehouse-based distribution system to a direct-to-store retail model. By phasing out intermediaries, Ola Electric aims to enhance inventory turnover, reduce delivery times, and improve the overall customer experience.

Ola Electric has reported impressive sales of 23,430 units in March 2025, according to the VAHAN portal, signaling robust demand in both urban and rural markets. Despite facing temporary disruptions due to a shift to in-house vehicle registrations in February, the company has made significant progress in clearing the backlog. Ola Electric is also ramping up production of its Gen 3 portfolio, with deliveries already underway.