Ola Electric Mobility Limited — Updates, 05-02-2025: Press Release (Revised)

Ola Electric has launched its Roadster X series of electric motorcycles, aiming to redefine the motorcycling segment in India. The series includes five variants, starting at an introductory price of ₹74,999, with the high-end Roadster X+ 9.1 kWh model offering an impressive range of 501 km per charge. Notable technology advancements include patented brake-by-wire technology and industry-first flat cables, enhancing performance and reliability. Deliveries are set to commence from mid-March. This strategic expansion into motorcycles reflects Ola Electric's commitment to driving EV adoption and enhancing mobility solutions across urban and rural landscapes. The proactive approach in launching a diverse and innovative product line could position the company favorably in the rapidly growing EV market, presenting potential growth opportunities for investors. Watch closely for developments as the company scales its offerings and capitalizes on the EV trend.