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News on Medial
Ola Electric launches electric motorcycles
YourStory
·
11m ago
Medial
Ola Electric has entered the electric motorcycle market with the launch of its Roadster series. The company unveiled the Roadster, Roadster X, and Roadster Pro models at its annual event. Prices start at Rs 74,999 for the Roadster and go up to Rs 1,99,999 for the Roadster Pro. Ola Electric also teased its upcoming Sportster and Arrowhead models. The company aims to accelerate EV adoption in the motorcycle segment and plans to integrate its own cells in vehicles starting next year. Ola Electric also showcased its Bharat 4680 cell and battery pack.
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Ola Electric launches Roadster X series, deliveries to begin mid-March
YourStory
·
6m ago
Medial
Ola Electric, led by Bhavish Aggarwal, has begun pre-orders for its electric motorcycles, Roadster X series, with deliveries starting mid-March. The Roadster X+ 9.1kWh variant includes the 4680 Bharat Cell. These motorcycles reflect Ola's commitment to deepening the EV revolution in India, following their successful electric scooters. Available in various kWh models, prices range from ₹74,999 to ₹1,54,999. Aggarwal emphasized customer safety and faster electrification of motorcycles.
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Bhavish Aggarwal shares Ola Electric’s design philosophy, says ’function defines form’ in nature | Mint
Livemint
·
11m ago
Medial
Ola Electric Mobility's CEO, Bhavish Aggarwal, shared the company's design philosophy in a social media post. Aggarwal emphasized the importance of function over form and how nature serves as the best inspiration in creating balanced products. He mentioned the ongoing debate in the automotive industry regarding form versus function and highlighted that everything in nature has evolved to maximize its function. Ola Electric recently went public and focuses on manufacturing electric vehicles, including scooters and motorcycles.
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Ola trolled for ‘4th largest EV company’ claim after fine print ‘excludes China’: ‘What’s the need, good story…’
Livemint
·
11m ago
Medial
Ola Electric CEO Bhavish Aggarwal faced backlash from netizens when he claimed that his company is the "world's fourth-largest EV company by revenue" during a recent event. However, he failed to mention that the ranking excluded China. Many social media users criticized Aggarwal for making exaggerated claims and pointed out the fine print on the presentation slide. Memes and trolls mocking the omission quickly spread on platforms like Twitter. Ola Electric recently launched a new series of motorcycles as part of its efforts to accelerate EV adoption.
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Ola Electric’s February sales included models that were not rolled out at the time
YourStory
·
4m ago
Medial
In February, Ola Electric included unreleased e-scooter models and the yet-to-launch Roadster X motorcycles in its sales figures, reporting 10,866 e-scooters and 1,395 bikes as part of 25,207 orders. The Ministry of Road Transportation and Highways asked for clarification on this discrepancy, as the Vahan portal showed only 8,390 units sold. Ola claims the figures are based on full payment from customers. Regulatory scrutiny followed due to these inconsistencies.
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Royal Enfield launches electric bike segment
YourStory
·
9m ago
Medial
Royal Enfield has unveiled its first electric bike under a new brand, Flying Flea, which is expected to be available in 2026. The two models introduced are the classic-styled Flying Flea C6 and the scrambler-styled Flying Flea S6. Royal Enfield plans to introduce more electric vehicles in the coming years and will produce battery packs and motors in-house, while sourcing battery cells externally. The company has invested in an EV manufacturing plant in Chennai and has a dedicated team for developing electric motorcycles. Royal Enfield currently dominates the global middle-weight bike segment.
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Ola Electric begins production of Roadster electric motorcycles
YourStory
·
6m ago
Medial
Ola Electric has started producing its Roadster series of electric motorcycles, first showcased at the Sankalp 2024 event. The lineup includes Roadster, Roadster X, and Roadster Pro, priced from Rs 74,999 to Rs 1,99,999. Roadster X is the fastest in its category, available in multiple kWh variants, while Roadster is a commuter model. Roadster Pro boasts a 52 kW motor with significant torque and a high top speed. The company offers an eight-year battery warranty and charging network access.
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Ola Electric launches #HyperDelivery for same-day vehicle registration, delivery
Economic Times
·
4m ago
Medial
Ola Electric has launched #HyperDelivery, a same-day registration and delivery service for its electric two-wheelers, starting in Bengaluru with plans to expand across India. Customers can now complete the process online or at an Ola Electric Store, facilitating a smooth, quick purchase experience, thanks to AI automation and in-house registration. This initiative aims to enhance customer satisfaction, despite the company facing scrutiny over vehicle registration discrepancies and trade certificate compliance issues.
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Ola Electric rolls out software upgrade to enhance performance for S1 scooters, Roadster X bikes
Economic Times
·
28d ago
Medial
Ola Electric is rolling out the MoveOS 5 software upgrade for its S1 scooters and Roadster X motorcycles. This in-house developed update enhances performance, reliability, and range, promising a more refined and responsive riding experience. The upgrade, superior to the Gen 3 platform, optimizes the motor control unit. It will be available to all S1 and Roadster X users via an over-the-air update starting this week, reflecting Ola's commitment to continuous innovation.
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Royal Enfield to invest ₹1,000 cr in EVs, petrol bikes
Livemint
·
1y ago
Medial
Eicher Motors, the maker of Royal Enfield motorcycles, plans to invest ₹1,000 crore this fiscal year to build its first electric motorcycle factory and expand its petrol-driven motorcycle portfolio. The company aims to gain a larger share of the global mid-weight motorcycle market, which saw over 1 million units sold in FY23. Royal Enfield is focused on developing uniquely differentiated electric motorcycles with a strong brand DNA and has started investing in product development, infrastructure, and testing. In the Indian market, the company's market share for motorcycles above 125cc reached nearly 30% in FY23.
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Ola Electric market share drops more than 30% in last two months
Entrackr
·
11m ago
Medial
Electric scooter manufacturer Ola Electric, which recently went public, has registered a major downfall in its market share among the electric two wheelers segment in the past two months. Ola Electric market share subsequently slipped to 39% in July and further down to 33% in August (month-to-date), according to investment banking and capital markets firm Jefferies. At the same time, TVS regained market share at 19% at August (MTD) against 15% in Q1 FY25. Ola Electric has emerged as the dominant OEM in India’s electric two-wheelers market as its market share rose from 21% in FY23 to 35% in FY24 and further to 49% in Q1 FY25, the report added. Jefferies attributes expansion of product portfolio and aggressive pricing to the rise in Ola Electric’s market share. During FY24, Ola Electric sold 3,29,618 scooters, almost 2X as compared to FY23. This also reflected in the company’s scale which grew nearly two-fold to Rs 5,010 crore in FY24 from Rs 2,631 crore in FY23. As per the report, Bajaj’s market share has also risen from 11% in FY24 and 12% in Q1 FY25 to 18% in August MTD. Hero is still lagging among incumbents with 5% market share in August while Honda has no-play in the electric space. Meanwhile, the Bhavish Aggarwal-led company has announced plans to launch affordable electric motorcycles Roadster which will be ready for delivery by Diwali next year. Despite the fall in volume, the electric two wheeler space continues to be dominated by Ola Electric followed by TVS, Bajaj Auto, Ather Energy and Hero MotoCorp. Interestingly, Jefferies’ report has not mentioned anything on Ather, which recently turned unicorn and is on the verge of becoming the second public company from the EV startup ecosystem. Currently, Ola Electric’s shares are trading at Rs 128, up from the initial public offering price of Rs 76 per share.
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