Ola Electric Becomes India’s First Automotive OEM To Get Government Certification For its In-House Developed Ferrite Motor

Ola Electric, India’s largest pure-play electric vehicle (EV) manufacturer, has achieved a significant milestone by becoming the first two-wheeler EV manufacturer in India to receive government certification for its in-house developed ferrite motor. 

This breakthrough development marks a shift in the company’s manufacturing capabilities, allowing it to eliminate reliance on imported rare-earth permanent magnet motors.

Ola Electric's Breakthrough in Ferrite Motor Technology

Ola Electric’s ferrite motor has successfully passed rigorous performance tests conducted by the Global Automotive Research Centre, Tamil Nadu, in accordance with AIS 041, the standard notified by the Ministry of Road Transport, Government of India. The tests confirmed that the ferrite motor’s performance is on par with that of rare-earth permanent magnet motors, offering net power for both 7kW and 11kW variants.

This certification is a significant achievement for Ola Electric, marking the company’s commitment to reducing its dependency on rare-earth elements, which are often subject to supply chain instability and price fluctuations. The ferrite motor offers similar performance, efficiency, and durability at a much lower cost, making it a game-changer in the EV sector.

Impact on Supply Chain and Affordability

One of the key advantages of the ferrite motor is its ability to de-risk supply chain instability by eliminating the reliance on rare-earth materials. By moving away from these imported components, Ola Electric can ensure greater cost control and supply chain reliability, which is crucial for scaling up EV production. The ferrite motor also promises to bring down the overall manufacturing costs, potentially making electric vehicles more affordable for Indian consumers.

Ola Electric first showcased the ferrite motor at its annual ‘Sankalp 2025’ event in August this year, and with this certification, the company plans to integrate the motor into its product lineup, enhancing both performance and sustainability across its range of electric two-wheelers.

Read More: Warranty Cost of EV Companies: How Much of Ola Electric, Ather’s Revenue Goes to Warranties?

About Ola Electric

Ola Electric Mobility Limited is India’s leading electric vehicle manufacturer, with a focus on the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company’s Ola Future factory in Tamil Nadu is set to become India’s largest EV hub, producing electric vehicles and critical components. Ola Electric’s research and development efforts span India, the UK, and the US, aimed at creating cutting-edge EV products and core components.

With over 4,000 company-owned stores across India, Ola Electric has established the largest automotive experience centre network in the country. The company also maintains a robust online presence, further expanding its reach and customer base.

Ola Electric Share Price Performance

On October 6, 2025, Ola Electric share price opened at ₹54.00 on NSE, above the previous close of ₹53.99. During the day, it surged to ₹54.16 and dipped to ₹51.90. The stock is trading at ₹52.99 as of 12:28 PM. The stock registered a moderate decline of 1.85%.

Over the past week, it has declined by 6.95%, over the past month, it has declined by 11.89%, and over the past 3 months, it has moved up by 27.59%.

Conclusion

Ola Electric’s certification for its in-house developed ferrite motor is a significant milestone that will help transform the Indian electric vehicle industry. The company’s focus on reducing reliance on rare-earth materials and its commitment to improving performance, affordability, and sustainability in its EV offerings position it as a leader in the industry.

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