Ola Electric shares jump 4% as firm gets govt certification for 4,680 Bharat Cell powered S1 X+ 5.2 kWh scooter

Ola Electric Mobility shares climbed over 4% to touch an intraday high of ₹36.64 apiece on Friday, May 8, as the company said it has received government certification for its 4,680 Bharat Cell-powered S1 X+ 5.2 kWh scooter.

The Bhavish Agarwal-led company said in a regulatory filing that its mass-market electric scooter, the S1 X+ (5.2 kWh), powered by the indigenously developed 4680 Bharat Cell battery pack, has received approval under the Central Motor Vehicle Rules (CMVR), 1989, from the International Centre for Automotive Technology (ICAT), Manesar, a government-certified testing agency.

Ola Electric further added that with this certification, the S1 X+ 5.2 kWh becomes the longest-range product in its mass market scooter portfolio, marking a significant milestone in expanding access to high-performance EV technology across the country.

The certification has been issued following a comprehensive validation programme covering vehicle-level safety, performance, and regulatory compliance tests as mandated under CMVR. The scooter underwent rigorous testing, including constructional and functional safety, range validation, and other critical parameters, ensuring adherence to the highest regulatory standards.

The S1 X+ 5.2 kWh delivers a 320 km IDC range along with a top speed of 125 km/h, powered by an 11 kW mid-drive motor with integrated MCU.

“The government certification of the S1 X+ 5.2 kWh is a significant milestone as we bring our in-house developed 4680 Bharat Cell technology to the mass market at scale. As the longest-range scooter in our mass market portfolio, it delivers a strong combination of range, performance, safety, and reliability, making EVs a practical choice for a much wider set of customers across India,” said a spokesperson from Ola Electric.

With the certification of the S1 X+ (5.2 kWh), Ola Electric continues to expand the deployment of its in-house developed 4680 Bharat Cell technology across its scooter and motorcycle portfolio, further strengthening its vertically integrated approach spanning cell development, battery pack engineering, and vehicle manufacturing.

Ola Electric share price

At 2:50 PM, Ola Electric Mobility shares were trading at ₹36.24 apiece on the National Stock Exchange, rising 3.28%.

Over a month’s time, the stock has gained nearly 20%, while it has tumbled 18% in the last six months. From the beginning of the year, Ola Electric Mobility has fallen 3.5%.

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.

The company has a total market capitalisation of ₹15,967.2 crore, according to data on the NSE.