Ola Electric Share Price

Ola Electric, an electric mobility firm, has its roots in Bengaluru and was established in 2017, with Bhavish Aggarwal at the helm. The company's shares are publicly traded on Indian stock exchanges; they're listed as (NSE: OLAELEC) on the National Stock Exchange and (BOM: 544225) on the Bombay Stock Exchange. The business is focused on electric two-wheelers, supported by technologies developed around the broader EV ecosystem.

Ola Electric Business Segments And Revenue Model

At present, Ola Electric’s business is organised around three product categories: scooters, motorcycles, and energy solutions. The scooter portfolio is represented by the S1 range, while motorcycles are being introduced as the Roadster series. Besides these, the company also works in the energy space through battery storage and solar-enabled charging products.

A significant share of revenue comes from selling electric two-wheelers through its direct sales model. Accessories and charging solutions are also part of the picture, and the company's newer ventures in energy and software-driven mobility are slowly becoming a more significant revenue stream.

Ola Electric Key Milestones

• 2017: Ola Electric made its debut in the electric mobility sector, starting in Bengaluru.
• 2021: Construction of the Ola Futurefactory commenced, and deliveries of the initial S1 Pro scooters began around the same time the factory opened its doors.
• 2022: The first retail outlet opened during the year, research capabilities were strengthened, and S1 Air joined the scooter lineup.
• 2023: Store presence expanded to 500 locations, while the Gigafactory took shape alongside battery work centred on 4680 cell technology. The S1 Pro Gen 2 was also introduced.
• 2025: Deliveries under the Roadster motorcycle range were planned for the second half of the year.

Ola Electric ESG And Sustainability

• The company links its sustainability priorities with the wider adoption of electric mobility and lower-emission transport.
• Manufacturing facilities follow practices aimed at better energy use, lower waste generation, water conservation, and responsible sourcing of materials.
• Employee welfare measures cover workplace safety, learning opportunities, diversity, and inclusive participation across operations.
• ESG disclosures are crafted to meet regulatory demands and align with chosen United Nations Sustainable Development Goals (SDGs).
• The company boasts several certifications, including ISO 9001:2015, which pertains to quality systems, and ISO/IEC 27001:2013, which covers

Ola Electric Awards And Recognitions

• At the 49th International Convention on Quality Control Circles (ICQCC) 2024, the company received five Gold Awards, recognizing its manufacturing quality and operational excellence at the Ola Futurefactory.
• Recognized as the Electric Future of India at the India Energy Storage Alliance (IESA) Industry Excellence Awards.
• Honoured with the WomenIN Leadership Award at the UK-India Awards, acknowledging its contributions to fostering diversity and leadership within the electric mobility sector.
• Received international design and innovation recognition, including the IHS Markit Innovation Award at CES and the German Design Award.