Ola Share Price In Focus As Company Achieves 1 Million Production Milestone

Ola Electric has reached a significant point in its journey by rolling out its one-millionth vehicle from the Futurefactory in Krishnagiri, Tamil Nadu. 

The announcement marks a major achievement in less than 4 years of production, highlighting strong demand for its electric scooters and motorcycles.

Ola Achieves 1 Million Production Milestone

Ola Electric has become India’s first pure-play EV company to achieve the production of one million units. The company commenced production in 2021 and reached this milestone in less than four years. The landmark was marked with the rollout of a special edition Roadster X+ in midnight blue with sporty red accents from the Futurefactory in Krishnagiri, Tamil Nadu.

Special Edition Roadster X+

To celebrate the milestone, Ola Electric introduced a special edition Roadster X+ featuring dual-tone seats, customised rims, and a distinctive battery pack design. The edition also incorporates badges made from recycled copper waste, aligning with Ola’s sustainability goals.

New Product Launches Announced

At its annual ‘Sankalp’ event, the company revealed vehicles integrated with its 4680 Bharat Cell technology. The S1 Pro+ with a 5.2 kWh battery and Roadster X+ with a 9.1 kWh battery are priced at ₹1,69,999 and ₹1,89,999, respectively, with deliveries starting this Navratri. Ola also announced its entry into the sports scooter segment with the S1 Pro Sport, which will be available in January 2026 at an introductory price of ₹1,49,999.

Ola Share Price Performance

Ola Electric share price was trading down by 2.48% at ₹59 as of 2:58 PM on September 16, 2025.

About Ola Electric

Ola Electric is India’s leading electric vehicle manufacturer with a focus on vertical integration across EV technology and manufacturing. The company operates the Futurefactory in Tamil Nadu and the Battery Innovation Centre in Bengaluru, while its R&D extends to India, the UK, and the US. With more than 4,000 stores nationwide and a strong online network, Ola Electric has established itself as the country’s largest company-owned automotive experience centre network.

Read More: NTPC Green Share Price Jump 5% After Starting 100 MW Ircon Renewable Unit! 

Conclusion

Ola Electric’s achievement of producing one million vehicles in under 4 years underscores the company’s rapid scale-up in India’s electric mobility sector. The milestone reflects strong demand for its scooters and motorcycles, as well as its growing manufacturing capabilities at the Futurefactory. 

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