Ola Electric Mobility Limited (OLAELEC)
Product launch
Ola Electric launched the all-new S1Z electric scooter range on August 28, 2026. The S1Z features 3.1 kWh and 5.1 kWh variants with IDC ranges of up to 179 km and 301 km, respectively, powered by Ola's indigenous Bharat Cell LFP technology. Introductory prices are ₹79,999 and ₹99,999 (ex-showroom). Deliveries start December 2026 (3.1 kWh) and March 2027 (5.1 kWh). The scooter includes MoveOS 5 software and advanced features like cruise control and OTA updates.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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