Ola Electric Mobility shares gain 6% after launch of scooters with indigenous Bharat Cell tech

The company said the S1Z brings Ola’s indigenous 46-series LFP cell platform technology, developed at its Battery Innovation Centre and manufactured at the Ola Gigafactory, to its most accessible scooter range. The range is targeted at the country’s largest EV-buying segment.

With the introduction of indigenous LFP chemistry, Ola said it is redefining expectations of what an accessible electric scooter can offer while advancing its vision of building India's EV ecosystem from the cell upwards.

Available in 3.1 kWh and 5.1 kWh variants, at an introductory pricing of ₹79,999 and ₹99,999 (ex-showroom), respectively, the S1Z demonstrates how Ola's vertically integrated EV ecosystem is translating into tangible customer value. The 3.1 kWh and 5.1 kWh variants can deliver a range of up to 179 km and 301 km, respectively (IDC).

The Bhavish Agarwal-led firm further said that deliveries of the 3.1 kWh variant are scheduled to begin in December 2026, while the 5.1 kWh variant will commence deliveries from March 2027.

“It is the first scooter range to bring our made-in India LFP technology to the heart of the market, where millions of customers make their mobility decisions. We believe affordability shouldn’t mean settling for less. As we continue building India's EV ecosystem from cell to vehicle, products like the S1Z will play a critical role in taking our mission of bringing EVs to every Indian household,” said Bhavish Aggarwal, Chairman & Managing Director, Ola Electric.

By developing and manufacturing its Bharat Cell LFP technology in-house, Ola Electric has been able to significantly lower battery costs—the single largest cost component of an electric vehicle, making next-generation battery technology accessible at mass-market price points, the company said.

About the features

Powered by MoveOS 5, the S1Z brings Ola's latest software intelligence to the mass segment. The scooter comes equipped with features including cruise control, advanced regenerative braking, reverse mode, GPS, over-the-air (OTA) software updates, geo, time and mode fencing, ride statistics and energy insights through the Ola Electric App, delivering a smarter, more connected and personalised ownership experience.

The S1Z range also features ‘Easy Park,’ allowing users to get in and out of tight parking spaces with a simple twist of the wrist.

Ola also said that the S1Z will be the first product range to ramp up through the firm's next phase of retail expansion through its first dealer-operated stores, beyond a company-owned retail network.

Ola Electric share price trends

At 1:36 PM, Ola Electric shares were trading at ₹39.12 apiece on the National Stock Exchange, jumping 3.96%. At close, the stock settled 3.59% higher at ₹38.98 per share.

From the beginning of the year, Ola Electric shares have gained over 4%. Over a month’s time, the stock has soared 5%, while for a six-month period, it has climbed nearly 63%.

Shares of the firm had hit a 52-week high of ₹71.25 on September 4, 2025, and a 52-week low of ₹22.25 on March 16, 2026.

According to NSE data, as of August 28, 2026, Ola Electric Mobility has a total market capitalisation of ₹17,972.11 crore.