DRHP

We are in the business
of innovating electric mobility

And accelerate sustainable transportation solutions

Defining the Future of Mobility

We are a pure EV player in India and are building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. We manufacture EVs and certain core EV components like battery packs and motors at the Ola Futurefactory. Our business focuses on capturing the opportunity arising out of electrification of mobility in India and we also seek opportunities to export our EVs in select international markets in the future

Our operating and financial metrics

	Unit	Fiscal 2024	Fiscal 2023	Fiscal 2022
Unit Sales	Units	3,29,618	1,56,251	20,948
Revenue from operations	₹ Million	50,098.31	26,309.27	3,734.23
Loss before tax	₹ Million	(15,844.00)	(14,720.79)	(7,841.50)
EBITDA⁽¹⁾	₹ Million	(10,401.91)	(11,970.98)	(7,175.52)
E2W Market Share⁽²⁾	%	35	21	6

Note:

(1) EBITDA is defined as our loss for the period/year, before tax expenses, finance costs and depreciation and amortisation expenses.

(2) Source: Redseer Report

Key Financial Metrics

Employee benefits expense as % of Total Income

Asset Turnover

Scooter Volumes

R&D expenses

Employee benefits expense and other expenses as % of Total Income

Adjusted Gross Margin

Total Income

R&D spend

Monthly registrations of Ola Electric Scooter (#Units)

Largest E2W Players within 9 months of commencing deliveries of our first vehicle model in December 2021

Our Market Opportunity

India is the 2nd largest 2W market globally and the 3rd largest 4W market globally by sales volumes

India is emerging as a manufacturing powerhouse of EVs and expected to reach a market size of US $19 billion to US $21 billion for E2W and US $9 billion for E4W

India’s favorable policy environment is also accelerating electrification of mobility led by improved EV penetration across vehicle segments

Approximately 18% of vehicles manufactured in India in Fiscal 2023 were exported and E2W exports are likely to be a global market opportunity of 100-110 million units per annum over time

We believe that we are well-positioned to address this large market opportunity in EV led by our vertical integrated approach, focus on technology, R&D, execution ability and eligibility to avail certain government incentives

Our Business Model

Our business model is founded on three key scalable platforms: (1) R&D and technology platform with in-house design and development across technologies, (2) Adaptable manufacturing and supply chain platform, and (3) D2C omnichannel distribution platform. Our model is vertically integrated across R&D and technology, manufacturing, supply chain sales, service, and charging facilities.

Our R&D and technology platform

Consists of the following technologies which are interconnected (a) software including our in-house developed operating system, MoveOS (b) electronics (c) motor and drivetrain (d) cells and battery packs and (e) manufacturing technology. This enables the development of an adaptable platform architecture for use in different EV models in the future which helps in control over product and performance, cost, and a fast time to market. For example) Our latest EV models S1 Air and S1X+ use the same battery packs and our models Ola S1 Pro and Ola S1 Air share the same mid-drive motor.

Control over product and performance

Cost control

Fast go-to-market

Manufacturing Technology

Our manufacturing and supply chain platform

Consists of a vertically integrated manufacturing ecosystem across core EV components like battery packs and motors, a resilient and common supply chain with a focus on co-location & localization, and flexible assembly lines. This combined with our capabilities of scaled manufacturing in coordination with our network of suppliers helps us drive lower costs and optimized capital expenditure for different EV models in our portfolio and in the future. For example) The core components like battery packs and motors of our EV models Ola S1 Pro, Ola S1 Air, and Ola S1 X+ are manufactured on the same assembly line

Flexible assembly lines

Scaled manufacturing driving low cost

Resilent supply chain

Vertically integrated manufacturing

Electronics

Motor & Drivertain

Cell and Battery

Our D2C omnichannel distribution platform

Consists of an integrated company-owned sales and service network, a charging network, and a digital-first online purchase platform. These capabilities give us expanded reach and greater control over the customer experience. Our different EV models in the portfolio use the same distribution platform and are scalable for future EV models allowing us a faster go-to market and optimized investment in infrastructure. For example) Our EV models Ola S1 Pro, Ola S1 Air, and Ola S1 X+ share the same sale, service, and charging network.

Increased reach and scale

Control over customer experience

Increased margins

Direct to customer

Integrated sales, service & charging network

Online purchase

National presence

Our business ecosystem

R&D and Technology

Software

Electronics

Motor & Drivetrain

Cell and Battery

Manufacturing

Manufacturing
and Supply Chain

Online purchase

Ola Electric Store

Service centers

Charging Network

Value added services

Go to Market

Ola EV Hub

Futurefactory

Cell and Battery

Supplier Co-location

Our products

Scooters

Ola S1 Pro: Our flagship premium EV scooter offering, featuring an extended driving range of up to 195 km, a top speed of 120 km per hour and a range of smart technologies on a 7-inch touchscreen.

Ola S1 Air: Our second premium EV scooter offering, featuring a driving range of 151 km with a 6 kW peak motor power and a range of smart technologies on a 7-inch touchscreen.

Ola S1 X+: Retailing at a lower price than the Ola S1 Air, the Ola S1 X+ features a driving range of 151 km and comes in seven different colors. This model also includes smart connectivity features such as keyless unlock and a 5-inch segmented display.

Ola S1 X (2 kWh) and Ola S1 X (3 kWh) : Our mass-market EV scooters that feature a driving range of up to 151 km and a 3.5-inch segmented display available in two battery capacity configurations: 2kWh and 3kWh

Ola S1 Pro: Our flagship premium EV scooter offering, featuring an extended driving range of up to 195 km, a top speed of 120 km per hour and a range of smart technologies on a 7-inch touchscreen.

Ola S1 Air: Our second premium EV scooter offering, featuring a driving range of 151 km with a 6 kW peak motor power and a range of smart technologies on a 7-inch touchscreen.

Scooters

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To access all the amazing features that come with your Ola Scooter
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S1 Pro
Select scooter variant

S1 Pro
S1 Air
S1 X+
S1 X 2 kWh
S1 X 3 kWh
S1 X 4 kWh
S1 X+
Select scooter variant

S1 Pro
S1 Air
S1 X+
S1 X 2 kWh
S1 X 3 kWh
S1 X 4 kWh
S1 Air
Select scooter variant

S1 Pro
S1 Air
S1 X+
S1 X 2 kWh
S1 X 3 kWh
S1 X 4 kWh

Price
Top speed
0-40 km/h
0-60 km/h
Certified Range
Modes
Colours
Charging Time
Battery warranty
Base Warranty
Peak Power
MoveOS
Key Type
₹1,34,999

EMI starts at ₹3,299
Order Now
Top speed
120 km/h
0-40 km/h
2.6 s
0-60 km/h
4.3 s
Certified Range
195 km
Modes
Eco, Normal, Sports & Hyper
Colours
Gerua
Charging Time
6.5 hrs
Battery warranty
8 yrs/1,25,000 kms
Base warranty
3 yrs/50,000 kms
Peak Power
11kW
MoveOS
yes
Key Type
Digital Key
₹94,999

EMI starts at ₹2,299
Order Now
Top speed
90 km/h
0-40 km/h
3.3 s
0-60 km/h
5.5 s
Certified Range
151 km
Modes
Eco, Normal, Sports
Colours
Gerua
4 kWh
Charging Time
7.4 hrs
Battery warranty
8 yrs/1,25,000 kms
Base warranty
3 yrs/50,000 kms
Peak Power
6kW
MoveOS
yes
Key Type
Digital Key
₹1,00,499

EMI starts at ₹2,699
Reserve for ₹999
Top speed
90 km/h
0-40 km/h
3.3 sec
0-60 km/h
5.7 sec
Certified Range
151 km
Modes
Eco, Normal, Sports
Colours
Porcelain White
2 kWh
3 kWh
Charging Time
5 hr
Battery warranty
8 yrs/1,25,000 kms
Base warranty
3 yrs/50,000 kms
Peak Power
6kW
MoveOS
no
Key Type
Digital Key

{ "s1_pro": { "top_speed": "116 km/h", "0_40_range": "2.9 s", "0_60_range": "4.5 s", "certified_range": "181 km", "modes": "Eco, Normal, Sports & Hyper", "showshorm_price": "1,34,999", "emi_start": "EMI starts at ₹3,099", "ordernow_txt": "Order now", "battery_capacity": "4 kWh", "peak_motor_power": "8.5 kW", "moveos": "Yes", "charging_time": "6.5 Hrs", "key_type": "Digital Key", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "" }, "s1_pro_gen2": { "top_speed": "120 km/h", "0_40_range": "2.6 s", "0_60_range": "4.3 s", "certified_range": "195 km", "modes": "Eco, Normal, Sports & Hyper", "showshorm_price": "1,34,999", "emi_start": "EMI starts at ₹3,299", "ordernow_txt": "Order now", "battery_capacity": "4 kWh", "peak_motor_power": "11 kW", "moveos": "Yes", "key_type": "Digital Key", "charging_time": "6.5 Hrs", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "" }, "s1_3kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 s", "0_60_range": "5.5 s", "certified_range": "151 km", "modes": "Eco, Normal, Sports", "showshorm_price": "94,999", "emi_start": "EMI starts at ₹2,299", "ordernow_txt": "Order now", "battery_capacity": "3 kWh", "peak_motor_power": "6kW", "moveos": "Yes", "key_type": "Digital Key", "charging_time": "7.4 hrs", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "" }, "s1_x_2kwh": { "top_speed": "85 km/h", "0_40_range": "4.1 s", "0_60_range": "8.1 s", "certified_range": "95 km", "modes": "Eco, Normal, Sports", "showshorm_price": "69,999", "emi_start": "EMI starts at ₹1,899", "ordernow_txt": "Order now", "battery_capacity": "2 kWh", "peak_motor_power": "6kW", "moveos": "No", "key_type": "Physical Key", "charging_time": "5 hrs", "battery_warranty": "3 yrs/50,000 kms", "from_label": "" }, "s1_x_3kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 s", "0_60_range": "5.5 s", "certified_range": "151 Km", "modes": "Eco, Normal, Sports", "showshorm_price": "77,999", "emi_start": "EMI starts at ₹2,249", "ordernow_txt": "Order now", "battery_capacity": "3 kWh", "peak_motor_power": "6kW", "moveos": "No", "key_type": "Physical Key", "charging_time": "7.4 hrs", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "" }, "s1_x_4kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 s", "0_60_range": "5.5 s", "certified_range": "193 Km", "modes": "Eco, Normal, Sports", "showshorm_price": "1,01,999", "emi_start": "EMI starts at ₹2,499", "ordernow_txt": "Order now", "battery_capacity": "4 kWh", "peak_motor_power": "6kW", "moveos": "No", "key_type": "Physical Key", "charging_time": "6.5 hrs", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "" }, "s1_air_4kwh": { "top_speed": "90 km/h", "0_40_range": "-", "0_60_range": "-", "certified_range": "165 km IDC", "modes": "Eco, Normal, Sports", "showshorm_price": "1,07,499", "emi_start": "EMI starts at ₹1,999", "ordernow_txt": "Reserve for ₹999", "battery_capacity": "4 kWh", "peak_motor_power": "4.5 kW", "charging_time": "-", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "From" }, "s1_air_3kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 sec", "0_60_range": "5.7 sec", "certified_range": "151 km", "modes": "Eco, Normal, Sports", "showshorm_price": "1,00,499", "emi_start": "EMI starts at ₹2,699", "ordernow_txt": "Reserve for ₹999", "battery_capacity": "3 kWh", "peak_motor_power": "6kW", "moveos": "No", "key_type": "Digital Key", "charging_time": "5 hrs", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "" }, "s1_air_2kwh": { "top_speed": "90 km/h", "0_40_range": "-", "0_60_range": "-", "certified_range": "85 km IDC", "modes": "Eco, Normal, Sports", "showshorm_price": "84,999", "emi_start": "EMI starts at ₹1,999", "ordernow_txt": "Reserve for ₹999", "battery_capacity": "2 kWh", "peak_motor_power": "4.5 kW", "charging_time": "-", "battery_warranty": "8 yrs/1,25,000 kms", "from_label": "From" } }

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Brochure

Model comparisons

S1 Pro

S1 X+

S1 Air

Overview

Top speed

120 km/h

90 km/h

0-40 km/h

2.6 sec

3.3 sec

0-60 km/h

4.5 sec

5.5 sec

5.7 sec

Certified Range

195 km

151 km

True Range (Eco mode)

180 km

125 km

True Range(Normal mode)

143 km

100 km

Home Charging Time

6.5 Hrs

7.4 hrs

5 hrs

Battery warranty

8 years

Motor Power (Nominal/Peak)

5.5kW / 11kW

2.7kW / 6kW

2.7 / 6kW

Boot Space

34 L

Instrument cluster

17.78 cm (7) Touch screen

12.7 cm (5)/ Segmented LCD

17.78 cm (7) Touch screen

Screen Resolution

800 * 480

Headlamps/Tail Lamp

LED / LED

Power and Performance

Top speed

120 km/h

90 km/h

Certified Range

195 km

151 km

Drive Modes

Eco, Normal, Sports & Hyper

Eco, Normal & Sports

Motor Type

Mid Drive IPM

Hub Motor

0-40 km/h

2.6 sec

3.3 sec

0-60 km/h

4.6 sec

5.5 sec

5.7 sec

Peak Motor Power

11 kW

6 kW

Rated Motor Power

5.5 kW

2.7 kW

Battery Capacity

4 kWh

3 kWh

Charger Type, Capacity

Portable 750 W

Portable 500 W

Portable 750 W

Home Charging Time

6.5 hrs

7.4 hrs

5 hrs

Battery warranty

8 years

True Range (Eco mode)

180 km

125 km

True Range(Normal mode)

143 km

100 km

Brakes, Wheels and Suspensions

Frame Type

Tubular & Sheet metal

Tubular

Front Suspension

Twin telescopic

Rear Suspension

Mono shock

Dual Shock

Front Brake Type

Disc

Drum

Rear Brake Type

Disc

Drum

Braking System

CBS

Wheel Type

Alloy Wheel

Steel

Dimensions

Kerb Weight

116 kg

108 kg

Boot Space

34 L

Overall Length

1861 mm

1860 mm

Overall Width

850 mm

Overall Height

1288 mm

1298 mm

Wheelbase

1359 mm

Seat Height

805 mm

Seat Length

738 mm

Ground Clearance

160 mm

Features

Side Stand Alert

Reverse Mode

Eco Mode

Sport Mode

Hyper Mode

OTA Updates

Music

Remote Boot Unlock

Bluetooth

GPS Connectivity

Navigation

Predictive Maintenance

Cruise Control

Vacation Mode

Advanced Regen

{ "s1_pro": { "top_speed": "116 km/h", "0_40_range": "2.9 sec", "0_60_range": "4.5 sec", "certified_range": "181 km", "true_range": "170 km", "true_range_normal": "135 km", "home_charging_time": "6.5 hr", "motor_power": "5.5 / 8.5kW", "boot_space": "36 L", "instrument_cluster": "17.78 cm (7) Touch screen", "screen_resolution": "1280 * 768", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal, Sports & Hyper", "motor_type": "Mid Drive IPM", "peak_motor_type": "8.5 kW", "rated_motor_power": "5.5 kW", "battery_capacity": "4 kWh", "charger_type_capacity": "Portable 750 W", "true_range_eco_mode": "170 km", "true_range_normal_mode": "135 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Single Fork", "rear_suspension": "Mono Shock", "front_brake_type": "Hydraulic Disc (220mm)", "rear_brake_type": "Hydraulic Disc(180mm)", "abs_cbs": "CBS", "wheel_type": "Alloy", "kerb_weight": "121 kg", "overall_length": "1859 mm", "overall_width": "713 mm", "overall_height": "1161 mm", "wheelbase": "1359 mm", "seat_height": "800 mm", "seat_length": "738 mm", "ground_clearance": "165 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "yes", "ota_updates": "yes", "music": "yes", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_pro_gen2": { "top_speed": "120 km/h", "0_40_range": "2.6 sec", "0_60_range": "4.3 sec", "certified_range": "195 km", "true_range": "180 km", "true_range_normal": "143 km", "home_charging_time": "6.5 hrs", "motor_power": "5.5kW / 11kW", "boot_space": "34 L", "instrument_cluster": "17.78 cm (7) Touch screen", "screen_resolution": "800 * 480", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal, Sports & Hyper", "motor_type": "Mid Drive IPM", "peak_motor_type": "11 kW", "rated_motor_power": "5.5 kW", "battery_capacity": "4 kWh", "charger_type_capacity": "Portable 750 W", "true_range_eco_mode": "180 km", "true_range_normal_mode": "143 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin telescopic", "rear_suspension": "Mono Shock", "front_brake_type": "Disc", "rear_brake_type": "Disc", "abs_cbs": "CBS", "wheel_type": "Alloy Wheel", "kerb_weight": "116 kg", "overall_length": "1861 mm", "overall_width": "850 mm", "overall_height": "1288 mm", "wheelbase": "1359 mm", "seat_height": "805 mm", "seat_length": "738 mm", "ground_clearance": "160 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "yes", "ota_updates": "yes", "music": "yes", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_3kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 sec", "0_60_range": "5.5 sec", "certified_range": "151 km", "true_range": "125 km", "true_range_normal": "100 km", "home_charging_time": "7.4 hr", "motor_power": "2.7kW/ 6kW", "boot_space": "34 L", "instrument_cluster": "12.7 cm (5)/ Segmented LCD", "screen_resolution": "-", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Hub Motor", "peak_motor_type": "6 kW", "rated_motor_power": "2.7 kW", "battery_capacity": "3 kWh", "charger_type_capacity": "Portable 500 W", "true_range_eco_mode": "125 km", "true_range_normal_mode": "100 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin telescopic ", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "108 kg", "overall_length": "1860 mm", "overall_width": "850 mm", "overall_height": "1298 mm", "wheelbase": "1359 mm", "seat_height": "805 mm", "seat_length": "738 mm", "ground_clearance": "160 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "no", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_x_2kwh": { "top_speed": "85 km/h", "0_40_range": "4.1 sec", "0_60_range": "8.1 sec", "certified_range": "95 km", "true_range": "84 km", "true_range_normal": "71 km", "home_charging_time": "5 hrs", "motor_power": "2.7kW/ 6kW", "boot_space": "34 L", "instrument_cluster": "10.92cm (4.3) Segmented LCD", "screen_resolution": "-", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Hub Motor", "peak_motor_type": "6 kW", "rated_motor_power": "2.7 kW", "battery_capacity": "2 kWh", "charger_type_capacity": "Portable 500 W", "true_range_eco_mode": "84 km", "true_range_normal_mode": "71 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin telescopic", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "101 kg", "overall_length": "1860 mm", "overall_width": "850 mm", "overall_height": "1298 mm", "wheelbase": "1359 mm", "seat_height": "805 mm", "seat_length": "738 mm", "ground_clearance": "160 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "no", "remote_boot_unlock": "no", "bluetooth": "no", "connectivity": "no", "navigation": "no", "predictive_maintenance": "yes", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_x_3kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 sec", "0_60_range": "5.5 sec", "certified_range": "151 Km", "true_range": "125 km", "true_range_normal": "100 km", "home_charging_time": "7.4 hrs", "motor_power": "2.7kW/ 6kW", "boot_space": "34 L", "instrument_cluster": "10.92cm (4.3) Segmented LCD", "screen_resolution": "-", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Hub Motor", "peak_motor_type": "6 kW", "rated_motor_power": "2.7 kW", "battery_capacity": "3 kWh", "charger_type_capacity": "Portable 500 W", "true_range_eco_mode": "125 km", "true_range_normal_mode": "100 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin telescopic", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "108 kg", "overall_length": "1860 mm", "overall_width": "850 mm", "overall_height": "1298 mm", "wheelbase": "1359 mm", "seat_height": "805 mm", "seat_length": "738 mm", "ground_clearance": "160 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "no", "remote_boot_unlock": "no", "bluetooth": "no", "connectivity": "no", "navigation": "no", "predictive_maintenance": "yes", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_x_4kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 sec", "0_60_range": "5.5 sec", "certified_range": "193 Km", "true_range": "167 km", "true_range_normal": "134 km", "home_charging_time": "6.5 hrs", "motor_power": "2.7kW/ 6kW", "boot_space": "34 L", "instrument_cluster": "10.92cm (4.3) Segmented LCD", "screen_resolution": "-", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Hub Motor", "peak_motor_type": "6 kW", "rated_motor_power": "2.7 kW", "battery_capacity": "4 kWh", "charger_type_capacity": "Portable 750 W", "true_range_eco_mode": "167 km", "true_range_normal_mode": "134 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin telescopic", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "112 kg", "overall_length": "1860 mm", "overall_width": "850 mm", "overall_height": "1298 mm", "wheelbase": "1359 mm", "seat_height": "805 mm", "seat_length": "738 mm", "ground_clearance": "160 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "no", "remote_boot_unlock": "no", "bluetooth": "no", "connectivity": "no", "navigation": "no", "predictive_maintenance": "no", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_air_3kwh": { "top_speed": "90 km/h", "0_40_range": "3.3 sec", "0_60_range": "5.5 sec", "certified_range": "151 km", "true_range": "125 km", "true_range_normal": "100 km", "home_charging_time": "5 hr", "motor_power": "2.7 / 6kW", "boot_space": "34 L", "instrument_cluster": "17.78 cm (7) Touch screen", "screen_resolution": "800 * 480", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Hub Motor", "peak_motor_type": "6 kW", "rated_motor_power": "2.7 kW", "battery_capacity": "3 kWh", "charger_type_capacity": "Portable 750 W", "true_range_eco_mode": "125 km", "true_range_normal_mode": "100 km", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin Telescopic", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "108 kg", "overall_length": "1860 mm", "overall_width": "850 mm", "overall_height": "1298 mm", "wheelbase": "1359 mm", "seat_height": "805 mm", "seat_length": "738 mm", "ground_clearance": "160 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "yes", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "yes", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_2kwh": { "top_speed": "90 km/h", "0_40_range": "-", "0_60_range": "-", "certified_range": "91 km IDC", "true_range": "-", "true_range_normal": "-", "home_charging_time": "4 hrs", "motor_power": "5.5 / 8.5kW", "boot_space": "36 L", "instrument_cluster": "17.78 cm (7) Digital", "screen_resolution": "1280 * 768", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Mid Drive IPM", "peak_motor_type": "8.5 kW", "rated_motor_power": "5.5 kW", "battery_capacity": "2 kWh", "charger_type_capacity": "Portable 750W", "true_range_eco_mode": "-", "true_range_normal_mode": "-", "frame_type": "Tubular & Sheet metal", "front_suspension": "Single Fork", "rear_suspension": "Mono Shock", "front_brake_type": "Hydraulic Disc (220mm)", "rear_brake_type": "Hydraulic Disc (180mm)", "abs_cbs": "CBS", "wheel_type": "Alloy", "kerb_weight": "115 kg", "overall_length": "1859 mm", "overall_width": "712 mm", "overall_height": "1160 mm", "wheelbase": "1359 mm", "seat_height": "800 mm", "seat_length": "738 mm", "ground_clearance": "165 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "yes", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "no", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_air_4kwh": { "top_speed": "85 km/h", "0_40_range": "-", "0_60_range": "-", "certified_range": "165 km IDC", "true_range": "-", "true_range_normal": "-", "home_charging_time": "-", "motor_power": "2.7 / 4.5kW", "boot_space": "34 L", "instrument_cluster": "17.78 cm (7) Digital", "screen_resolution": "800 * 480", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "peak_motor_type": "4.5 kW", "motor_type": "Hub", "rated_motor_power": "2.7 kW", "battery_capacity": "4 kWh", "charger_type_capacity": "-", "true_range_eco_mode": "-", "true_range_normal_mode": "-", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin Fork", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "107 kg", "overall_length": "1865 mm", "overall_width": "710 mm", "overall_height": "1155 mm", "wheelbase": "1359 mm", "seat_height": "800 mm", "seat_length": "738 mm", "ground_clearance": "165 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "yes", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "no", "vacation_mode": "yes", "advanced_regen": "yes" }, "s1_air_2kwh": { "top_speed": "85 km/h", "0_40_range": "-", "0_60_range": "-", "certified_range": "85 km IDC", "true_range": "-", "true_range_normal": "-", "home_charging_time": "-", "motor_power": "2.7 / 4.5kW", "boot_space": "34 L", "instrument_cluster": "17.78 cm (7) Digital", "screen_resolution": "800 * 480", "headlamps_tail": "LED / LED", "drive_modes": "Eco, Normal & Sports", "motor_type": "Hub", "peak_motor_type": "4.5 kW", "rated_motor_power": "2.7 kW", "battery_capacity": "2 kWh", "charger_type_capacity": "-", "true_range_eco_mode": "-", "true_range_normal_mode": "-", "frame_type": "Tubular & Sheet metal", "front_suspension": "Twin Fork", "rear_suspension": "Dual Shock", "front_brake_type": "Drum", "rear_brake_type": "Drum", "abs_cbs": "CBS", "wheel_type": "Steel", "kerb_weight": "99 kg", "overall_length": "1865 mm", "overall_width": "710 mm", "overall_height": "1155 mm", "wheelbase": "1359 mm", "seat_height": "800 mm", "seat_length": "738 mm", "ground_clearance": "165 mm", "side_stand_alert": "yes", "reverse_mode": "yes", "eco_mode": "yes", "sport_mode": "yes", "hyper_mode": "no", "ota_updates": "yes", "music": "yes", "remote_boot_unlock": "yes", "bluetooth": "yes", "connectivity": "yes", "navigation": "yes", "predictive_maintenance": "yes", "cruise_control": "no", "vacation_mode": "yes", "advanced_regen": "yes" } }

* Terms and conditions apply

All models above include optional charger and S1 Pro includes performance upgrade as accessories. If you wish to opt out of these accessories, contact us at support@olaelectric.com

Motorcycles

On August 15, 2023, we announced a lineup of E2W motorcycles, comprising the Cruiser, Adventure, the Roadster and our flagship motorcycle, the Diamondhead.We expect to begin delivery of the motorcycles in the second half of Fiscal 2025

Adventure

Roadster

Diamondhead

Cruiser

Our Technology

Software

Our in-house developed software stack consists of our real time operating system firmware platform, MoveOS operating system, artificial intelligence (“AI”) platform and applications built on top of these platforms. Each of these platforms are designed to ensure scalability across EV models, supply chain resilience and faster development cycles.

Electronics

We have created a centralized control system for E2Ws that unlocks fast software processing through standardized interfaces and provides integrated human machine interaction and vehicle control.

Motor and drivetrain

We have developed and manufactured in-house, our electric motor and drivetrain, which vary in size and capacity to adapt to different power outputs.

Cell and battery

We assemble our own battery pack, source cells from a supplier and use our in-house designed BMS. We are in the process of developing cell technologies and cell manufacturing processes for use in the Ola Gigafactory, we commenced manufacturing the 4680-form factor cells at the Ola Gigafactory on March 22, 2024.

Manufacturing Technology

Manufacturing based on flexible assembly lines, allowing easy switches between different products with different performance specifications. We also employ manufacturing 4.0 technologies to manage quality control and improve our operational efficiency

Our Manufacturing and Supply chain Capabilties

EV Hub

We are building our EV hub in Krishnagiri and Dharmapuri districts in Tamil Nadu, India, which is expected to span up to 2,000 acres of land and consist of our Ola Futurefactory and our upcoming Ola Gigafactory in Krishnagiri district and co-located suppliers across both locations. Our EV hub is pivotal to our aim to become a hub for manufacturing quality EVs and to build an EV supply chain ecosystem within the EV hub that is efficient and resilient.

Futurefactory

We manufacture our E2Ws and certain E2W components at the Ola Futurefactory. We built the Ola Futurefactory in eight months, reaching a production capacity of one million units per year as of October 31, 2023. It spans across [417] acres of land in Krishnagiri, Tamil Nadu. The Ola Futurefactory is the largest integrated and automated E2W manufacturing plant in India by production capacity, as per the Redseer report. Our Ola Futurefactory is an automated manufacturing facility equipped with modular assembly lines across motor, battery and welding and has an in-house paint shop.

Gigafactory

We have designed and are building our Ola Gigafactory for cell manufacturing. We plan to manufacture the 4680 cell at scale at the Ola Gigafactory, which is currently under construction. We commenced manufacturing the 4680-form factor cells at the Ola Gigafactory on March 22, 2024. It will be located within close proximity to our Ola Futurefactory, within the EV hub. The Ola Gigafactory has a production capacity of 1.4 GwH as of May 31, 2024. We plan to use the net proceeds to expand our capacity to 6.4 GwH by April 2025.

Supply Chain

Our D2C Omnichannel Distribution Network

We operate our own D2C distribution network comprising 870 ola electric stores situated across India, including 431 service centers housed within some of the ola electric stores, as of March 31, 2024, in addition to our Ola Electric website. Our network of ola electric stores was India’s largest automotive company-owned network of ola electric stores as of September 30, 2023 according to the Redseer Report.

Our customers have access to an omnichannel purchase experience through our Ola Electric website, our online platform for D2C sales to customers, which customers can also access at our ola electric stores. Customers can discover our products, reserve test drives and pre-order and purchase EV scooters through the Ola Electric website, and track the status of after-sales services at our service centers through the Ola Electric Companion app. We deliver our vehicles across India.

A strong and resilient supply chain

Direct relationships with suppliers for consistent quality and control over costs

Focus on local suppliers

Supplier Co-location to enable just-in-time manufacturing

Our Journey and
Strong Execution