Latest news with #S1Pro+
Time of India
20 hours ago
- Automotive
- Time of India
Ola Electric showcases Bharat cell, rare earth-free motor at ‘Sankalp'
Ola Electric on Friday launched its first indigenously manufactured 4680 Bharat cell battery and a rare earth metal-free motor at its annual 'Sankalp' event, held at the company's Gigafactory in Tamil Nadu. This was Ola 's first public showcase at the 107-acre lithium-ion cell manufacturing facility. The 4680 Bharat cell, available starting today, offers 10 per cent higher energy density and a battery life of around 15 years, the company claimed. It can be used in Ola vehicles, energy storage devices such as solar units, and even drones. Ola Electric also unveiled the new S1 Pro+ scooter , powered by the 4680 cell, with a top speed of 141 km/h and a promised range of 320 km. Its price has been cut from Rs 1,99,999 to Rs 1,69,999, with deliveries beginning September 22. The company announced Roadster X+, with the new cell and a range of 501 km. Its price has been cut from Rs 2,24,999 to Rs 1,89,999. Ola's second major announcement was a motor built with ferrite instead of neodymium, eliminating the need for rare earth magnets. These magnets, typically the strongest permanent magnets, have become a supply risk for India's auto industry as China tightens exports. 'The next generation of motor technology does not need rare earths. And your company has already built it,' said founder Bhavish Aggarwal at the event. The company also introduced MoveOS 6 , its upgraded operating system that follows MoveOS 5. The new version adds features such as a voice assistant, camera, customisable motor sounds, personalised ride insights, and speed boost. According to Ola, MoveOS 6 will improve energy efficiency by 15 per cent, reduce weight by 25 per cent, and cut costs by 43 per cent. These Gen4 upgrades are scheduled for release early next year. As part of the MoveOS 6 rollout, Ola will launch the S1 Pro Sport, a sport-segment scooter priced at Rs 1,49,999 (tentative), expected in January 2026. The company also revealed its upcoming electric bike, Diamond Head, targeted for mid-2027. Ola has hosted its annual event on August 15 since 2021, when it launched its first S1 electric scooter range. Last year, it introduced its first lineup of electric motorcycles under the Roadster brand, offered in three variants, Roadster Pro, Roadster, and Roadster X, with introductory prices ranging from Rs 74,999 to Rs 2,49,999. Within the Gigafactory, Ola aims to mass-produce its homegrown NMC 2170 lithium-ion cells. At present, it imports cells from LG Chem in South Korea for its electric scooters, according to reports. The latest announcements come as the company faces regulatory scrutiny and a sharp decline in market share. Ola's share in the electric two-wheeler segment has fallen from over 50 per cent a year ago to 16.8 per cent in the first two weeks of July, placing it behind TVS Motor and Bajaj Auto, ET reported on July 28. Financial pressures add to the challenge. Ola Electric reported a net loss of Rs 428 crore in the June quarter, compared to Rs 327 crore a year earlier, though narrower than the Rs 870 crore loss in the March quarter. The company posted operating revenue of Rs 611 crore in the March quarter. With the 4680 Bharat cell, rare earth-free motor , and new vehicle launches, Ola is betting on technology and in-house manufacturing to regain its edge in India's fast-growing EV market.
Business Standard
a day ago
- Automotive
- Business Standard
Ola Electric unveils 'India Inside' vision, new EVs, ferrite motor and MoveOS 6 at Sankalp 2025
Ola Electric Mobility announced a series of product launches and technology updates at its annual Sankalp 2025 event. The company introduced the 4680 Bharat Cell, India's first indigenously developed lithium-ion cell, which will be integrated into its new vehicle line-up. It also unveiled Indias first ferrite motor that eliminates rare-earth magnets, targeted for phased deployment from Q3 FY26. Ola entered the sports scooter category with the launch of the S1 Pro Sport, equipped with 5.2kWh and 4kWh battery packs. The scooter is priced at Rs 1,49,999, with deliveries beginning January 2026. The S1 Pro+ (Rs 1,69,999) and Roadster X+ (Rs 1,89,999) were also introduced, both featuring the Bharat Cell and scheduled for deliveries this Navratri. A booking discount of Rs 10,000 is available until August 17. The company showcased Diamondhead, a prototype electric motorcycle capable of 0-100 kmph in 2 seconds, targeted for a sub-Rs 5 lakh launch in CY27. Ola also unveiled its modular Gen 4 platform, supporting two-, three- and four-wheelers as well as drones and humanoids. Compared to Gen 1, it offers 76% higher peak power, 25% lower weight, 15% better efficiency and 41% cost reduction. Additionally, Ola released MoveOS 6, its AI-powered operating system featuring over 25 functions, including Adaptive Cruise Control, Front Collision Warning, Lane Departure Warning, and multilingual support in 11 Indian languages. The rollout is planned for early 2026. Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The companys consolidated net loss narrowed to Rs 428 crore in Q1 FY26 as against net loss of Rs 870 crore in Q4 FY25. Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY26.
Economic Times
2 days ago
- Automotive
- Economic Times
Ola Electric showcases Bharat cell, rare earth-free motor at ‘Sankalp'
Company Images Ola Electric on Friday launched its first indigenously manufactured 4680 Bharat cell battery and a rare earth metal-free motor at its annual 'Sankalp' event, held at the company's Gigafactory in Tamil Nadu. This was Ola's first public showcase at the 107-acre lithium-ion cell manufacturing facility. The 4680 Bharat cell, available starting today, offers 10% higher energy density and a battery life of around 15 years, the company claimed. It can be used in Ola vehicles, energy storage devices such as solar units, and even drones. Ola Electric also unveiled the new S1 Pro+ scooter, powered by the 4680 cell, with a top speed of 141 km/h and a promised range of 501 km. Its price has been cut from Rs 1,99,999 to Rs 1,69,999, with deliveries beginning September 22. Ola's second major announcement was a motor built with ferrite instead of neodymium, eliminating the need for rare earth magnets. These magnets, typically the strongest permanent magnets, have become a supply risk for India's auto industry as China tightens exports. 'The next generation of motor technology does not need rare earths. And your company has already built it,' said founder Bhavish Aggarwal at the event. The company also introduced MoveOS 6, its upgraded operating system that follows MoveOS 5. The new version adds features such as a voice assistant, camera, customisable motor sounds, personalised ride insights, and speed boost. According to Ola, MoveOS 6 will improve energy efficiency by 15%, reduce weight by 25%, and cut costs by 43%. These Gen4 upgrades are scheduled for release early next year. As part of the MoveOS 6 rollout, Ola will launch the S1 Pro Sport, a sport-segment scooter priced at Rs 1,49,999 (tentative), expected in January 2026. The company also revealed its upcoming electric bike, Diamond Head, targeted for has hosted its annual event on August 15 since 2021, when it launched its first S1 electric scooter range. Last year, it introduced its first lineup of electric motorcycles under the Roadster brand, offered in three variants, Roadster Pro, Roadster, and Roadster X, with introductory prices ranging from Rs 74,999 to Rs 2,49, the Gigafactory, Ola aims to mass-produce its homegrown NMC 2170 lithium-ion cells. At present, it imports cells from LG Chem in South Korea for its electric scooters, according to latest announcements come as the company faces regulatory scrutiny and a sharp decline in market share. Ola's share in the electric two-wheeler segment has fallen from over 50% a year ago to 16.8% in the first two weeks of July, placing it behind TVS Motor and Bajaj Auto, ET reported on July pressures add to the challenge. Ola Electric reported a net loss of Rs 428 crore in the June quarter, compared to Rs 327 crore a year earlier, though narrower than the Rs 870 crore loss in the March quarter. The company posted operating revenue of Rs 611 crore in the March quarter. With the 4680 Bharat cell, rare earth-free motor, and new vehicle launches, Ola is betting on technology and in-house manufacturing to regain its edge in India's fast-growing EV market. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Tariffs, tantrums, and tech: How Trump's trade drama is keeping Indian IT on tenterhooks Good, bad, ugly: How will higher ethanol in petrol play out for you? As big fat Indian wedding slims to budget, Manyavar loses lustre As 50% US tariff looms, 6 key steps that can safeguard Indian economy Stock Radar: JSPL forms Ascending Triangle pattern on weekly charts, could hit fresh 52-week high soon Nifty and business are different species: 5 small-cap stocks from different sectors with upside potential of up to 30% F&O Radar | Deploy Bear Put Spread in Nifty to play index's negative stance amid volatility Wealth creation: Look beyond the obvious in some things; 10 fertilizer sector companies worth watching
Time of India
2 days ago
- Business
- Time of India
Ola Electric showcases Bharat cell, rare earth-free motor at ‘Sankalp'
Synopsis Ola Electric unveiled its first in-house 4680 Bharat cell battery and a motor without rare earth metals at its Sankalp event. The new S1 Pro+ scooter with the new battery was also in the launch line-up. The company also introduced MoveOS 6 with enhanced features. Ola plans to launch the S1 Pro Sport scooter in 2026 and an electric bike in 2027.
&w=3840&q=100)
Business Standard
29-04-2025
- Business
- Business Standard
Discounts and deals for Akshaya Tritiya: Gold, homes, scooters, travel
Akshaya Tritiya, the annual festival considered auspicious for prosperity and investments, is a chance for various companies to roll out offers. Some are giving cash backs on home purchases, free gold on discounted electric scooters, and exclusive shopping deals. Here is more about such offers. Jio Gold offers up to 2 per cent Free Digital Gold Jio Financial Services has launched the first edition of Jio Gold 24K Days, offering customers up to 2 per cent additional digital gold on purchases made via the JioFinance or MyJio apps, starting from as low as Rs 10, from April 29 to May 5, 2025. 24 grams of gold Rs 2.40 lakh cash back 2 BHK homes starting at Rs 1.92 crore, 3 BHK homes from Rs 2.65 crore. 'We're offering not just a premium lifestyle at Sion NX, but also exclusive festive benefits — 24 grams of gold and Rs 2.40 lakh cashback — as a token of celebration,' said Samyak Jain, director, Siddha Group. ALSO READ | Light-weight jewellery to drive gold demand this Akshaya Tritiya: Experts Alta Monte at Malad (W) has announced: 100 grams of gold on every booking for Premium 2, 3, and 4 BHK residences starting at Rs 2.96 crore with 30+ lifestyle amenities. "Akshaya Tritiya has always symbolised prosperity and new beginnings — values that align perfectly with the aspirations of today's homebuyers," said Umesh Jandial, chief business officer at Alta Monte. JP Infra is offering white goods and furniture vouchers for people who buy its houses. 'Our endeavor is to ensure that every customer finds not just a home, but an elevated lifestyle experience,' said Deepak Nair, head of marketing, JP Infra. Ola Electric gives scooter discounts Ola Electric has announced a ' 72-Hour Electric Rush ' offer for its scooters till April 30. The offer has: Discounts of up to Rs 40,000 on the Gen 2 and Gen 3 electric scooters Free extended warranty on all models Same-day scooter delivery in select states Customers can buy Gen 2 S1 X scooter at prices starting Rs 67,499, while Gen 3 scooters like S1 Pro+ start at Rs 1,88,200. Ola Electric said in a statement: 'Customers can enjoy discounts, free extended warranties, and the excitement of riding home on a fully registered scooter within hours, making Akshaya Tritiya celebrations even more special'. Shopping, travel, jewellery deals BOBCARD Limited is offering a wide range of festive discounts across top brands:
