Ola Electric Mobility Limited — Important, 05-02-2025: Product launch

Ola Electric has launched its new Roadster X series of electric motorcycles, available in five variants with prices starting at ₹74,999. Notably, the Roadster X+ 9.1 kWh variant boasts a range of 501 km per charge. The motorcycles feature industry-first technologies such as patented brake-by-wire and flat cables for enhanced performance and efficiency, with deliveries set to begin in mid-March. This entry into the motorcycle market reflects Ola's strategy to deepen EV penetration in India, potentially enhancing its competitive position and driving increased consumer interest in electric two-wheelers. Investors may view this as a positive outlook, with opportunities for growth in the expanding EV market.