Ola Electrical has unveiled the S1 Professional Sport scooter (INR 1.5 Lakh), that includes its in-house 13 kW rare-earth-free motor and 4680 Bharat Cell
Costs of S1 Professional Plus and Roadster X Plus have been lower to INR 1.7 Lakh and INR 1.9 Lakh, respectively. Ola has teased the premium DiamondHead electrical motorbike (INR 5 Lakh, 2027 launch)
Regardless of turning its auto enterprise EBITDA optimistic in June, Ola Electrical’s Q1 FY26 losses widened to INR 428 Cr on a 50% income drop, with deliveries halving year-on-year
At Ola Electrical’s flagship annual occasion Sankalp, founder and chairman Bhavish Aggarwal at present (August 15) made a slew of recent bulletins.
Whereas addressing the gathering at Ola Gigafactory in Tamil Nadu’s Krishnagiri, Aggarwal unveiled the electrical car (EV) maker’s new S1 Professional Sport mannequin, priced at almost INR 1.5 Lakh.
The brand new electrical scooter options Ola Electrical’s in-house 13 kW Feriite motor that delivers a peak energy of 16 kW and 71 Nm of torque. Its deliveries will begin in January 2026.
In a press release, Ola Electrical
mentioned that the brand new motor, designed and developed in-house, will scale back the corporate’s dependence on importing uncommon earth components.
On the battery entrance, the S1 Professional Sport boasts a 5.2 kWh pack with the indigenously developed 4680 battery cell. As per the corporate, the brand new escooter has a prime velocity of 152 kmph and an Indian driving cycle (IDC) vary of 320 km.
Not stopping there, Aggarwal introduced the mixing of Ola Electrical’s in-house 4680 battery cell into two of its key fashions – S1 Professional Plus electrical scooter and Roadster X Plus motorbike. The deliveries of the autos, fitted with new cells, will start publish Navratri (October 2), Aggarwal added.
This follows the operationalisation of Ola Electrical’s 110-acre Ola Gigafactory, which has kicked off with an preliminary capability of 5 GWh and is slated to be scaled as much as 100 GWh in phases. The EV maker beforehand delayed plans to combine its homegrown battery cells over the necessity to stabilise new car platforms and enhance manufacturing effectivity.
In the meantime, he additionally introduced a value lower for the 2 aforementioned fashions. The retail value of the S1 Professional Plus has dropped to INR 1.7 Lakh from INR 2 Lakh, whereas the Roadster X Plus now prices INR 1.9 Lakh, down from INR 2.24 Lakh.
The occasion additionally noticed Ola Electrical teasing its upcoming motorbike, DiamondHead. The brand new ebike will function its “superior” battery cell know-how and Silicon, an AI chip developed by Krutrim. Aggarwal mentioned that the premium electrical motorbike will probably be rolled out for supply by 2027 and may have a price ticket of INR 5 Lakh.
“At Ola Electrical, we now have been on a journey to construct the way forward for vitality and mobility in India. This 12 months’s Sankalp, and our imaginative and prescient of India Inside, is accelerating this mission by commercialising 4680 Bharat Cell and rare-earth-free motors later this 12 months… We’re increasing our product portfolio with the S1 Professional Sport and the S1 Professional+ & Roadster X+ with our personal cells,” Aggarwal mentioned.
The bulletins come at a time when the EV maker has been making an attempt to get its home so as. Ola Electrical’s auto enterprise turned EBITDA optimistic in June. Alongside, the corporate has been rejigging its distribution mannequin and focussing extra on after-sales service and product high quality.
Nonetheless, Ola Electrical’s consolidated internet loss widened 23% to INR 428 Cr in Q1 FY26 from INR 347 Cr within the year-ago interval. Consolidated income from operations additionally tanked almost 50% to INR 828 Cr within the quarter underneath assessment from INR 1,644 Cr in Q1 FY25.
Deliveries declined to 68,192 EVs in Q1 FY26 from 1.25 Lakh in the identical quarter final 12 months.
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