The company said it has scaled up deliveries of 4,680 Bharat Cell-powered vehicles across Tamil Nadu, Kerala, Telangana, and Karnataka, while commencing deliveries in Coimbatore, Kochi, and Hyderabad and ramping up volumes in Bengaluru.
Bharat Cell rollout gathers pace
Ola Electric on Sunday said it has scaled up deliveries of its 4680 Bharat Cell-powered S1 Pro+ (5.2 kWh) across Tamil Nadu, Kerala, Telangana, and Karnataka, PTI reported. The company has commenced deliveries across Coimbatore, Kochi, and Hyderabad, along with continued ramp-up in Bengaluru, it said in a statement.The S1 Pro+ (5.2 kWh) is the first product powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, delivering more range, higher performance and enhanced safety, it added.
“Customers are now taking deliveries of the scooters powered by our own 4680 Bharat Cell, and the rollout is picking up strong momentum. With deliveries scaling across multiple states, we are now gearing up to take the 4680 Bharat Cell powered vehicles nationwide, reaching every corner of the country,” an Ola Electric spokesperson told PTI.
With its own 4680 Bharat Cell battery packs in the vehicles, Ola Electric is now India’s first company to fully own the cell and battery pack manufacturing process in-house, marking a major milestone in building a fully integrated EV ecosystem in India, the company said.
Ola Electric currently offers an expansive portfolio of S1 scooters and Roadster X motorcycles.
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PLI incentive provides backdrop
Separately, the company has recently secured a Rs 366.78 crore incentive under the Production Linked Incentive Scheme for Automobile and Auto Components for the financial year 2024-25.
According to a regulatory filing, Ola Electric Technologies, a wholly owned subsidiary of Ola Electric Mobility, received a sanction order dated December 24 from the Ministry of Heavy Industries, Government of India. The order pertains to the release of a demand incentive to IFCI Limited, which has been designated as the disbursing financial institution for the scheme.
The incentive amount of Rs 366.78 crore has been sanctioned against the company’s Determined Sales Value for FY 2024-25, in line with the PLI-Auto Scheme aimed at promoting domestic manufacturing and advanced automotive technologies.
“The sanction of Rs 366.78 crore under the PLI-Auto Scheme is a strong endorsement of Ola Electric’s manufacturing capabilities and our commitment to building world-class EV technology in India,” an Ola Electric spokesperson said, adding that the incentive recognises efforts in scaling domestic production, deepening localisation, and driving innovation across the electric mobility value chain.
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