Ola Electric Mobility Limited (OLAELEC)
Ola Electric Mobility Limited has informed the exchange regarding a shareholders communication dated August 29, 2026
Shareholders communication dated August 29, 2026: Ola Electric opens bookings for S1Z scooter range starting at ₹79,999. S1Z features indigenous Bharat Cell LFP technology with 426 patents, manufactured at Tamil Nadu Gigafactory. The battery cost is structurally reduced via in-house LFP cells, offering up to 301 km range (IDC) and MoveOS 5 experience. First dealer-operated Ola stores to open soon, with S1Z as the initial product. Focus on value segment to expand EV adoption across India.
Source: Original filing PDF
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