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Ola Electric soars on launching S1Z with indigenous Bharat Cell LFP technology

28 Aug 2026 Evaluate

OLA Electric Mobility is currently trading at Rs. 39.14, up by 1.49 points or 3.96% from its previous closing of Rs. 37.65 on the BSE.

The scrip opened at Rs. 37.78 and has touched a high and low of Rs. 39.75 and Rs. 37.44 respectively. So far 7097087 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.24 on 04-Sep-2025 and a 52 week low of Rs. 21.21 on 02-Mar-2026.

Last one week high and low of the scrip stood at Rs. 39.75 and Rs. 36.04 respectively. The current market cap of the company is Rs. 18101.70 crore.

The promoters holding in the company stood at 32.97%, while Institutions and Non-Institutions held 16.27% and 50.77% respectively.

Ola Electric Mobility has launched the all-new S1Z, the first scooter range in India to bring the company's indigenously developed Bharat Cell LFP technology to the mass market. The S1Z brings the company’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, for the country's largest EV buying segment.

The S1Z has been designed around a simple belief that customers in the value segment should never have to compromise on technology, safety or performance. With the introduction of indigenous LFP chemistry, the company 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 Rs 79,999 and Rs 99,999 (ex-showroom), respectively, the S1Z demonstrates how the company’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 kms and 301 kms respectively (IDC).

By developing and manufacturing its Bharat Cell LFP technology in-house, it 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 S1Z is the first proof of this strategy, bringing safer, longer-lasting LFP chemistry to millions of Indian riders without compromising on affordability. The S1Z will be offered in four colours: White, Anthracite, Sky Splash Blue and Matcha Green and rides on 12-inch wheels across all variants. 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.

Ola Electric Mobility is an electric vehicle company that primarily manufactures electric vehicles and certain core components for electric vehicles such as battery packs, motors, and vehicle frames at the Ola Future factory.

OLA Electric Mobilit Share Price

38.98 1.33 (3.53%)
28-Aug-2026 16:59 View Price Chart
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