Ola Electric Share Price Gains Over 7%; Reduces Roadster 9.1 Price by ₹60,000 as Bharat Cell Production Scales

Written by: Team Angel OneUpdated on: 2 Apr 2026, 5:40 pm IST
Ola Electric cuts Roadster 9.1 price by ₹60,000 to ₹1,29,999 due to increased Bharat Cell production, introducing limited purchase windows.
Ola Electric Share Price
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Ola Electric has announced a price reduction for its Roadster X+ 9.1 kWh electric motorcycle, thanks to increased production of the 4680 Bharat Cell. This strategic move aims to make electric mobility more accessible amid rising demand. 

Price Reduction and Limited Purchase Windows 

On April 2, 2026, Ola Electric revealed that the price of its Roadster X+ 9.1 kWh will be reduced by ₹60,000, bringing it down to ₹1,29,999.  

This price cut is attributed to the improved economies of scale achieved at Ola's Gigafactory, where the 4680 Bharat Cell is produced.  

The company will now offer the Roadster in limited purchase windows, with the first window opening on April 3, from 6:00 PM to 9:00 PM. 

Increased Demand and Production Efficiency 

The demand for the Roadster X+ 9.1 kWh has surged 5 times during the #EndICEAge campaign, exceeding current supply capacity.  

Ola Electric's spokesperson highlighted the significant cost efficiencies unlocked by scaling Bharat Cell production, allowing these savings to be passed on to customers.  

This aligns with Ola's commitment to promoting long-range electric mobility. 

Read More: Ola Electric Share Price Gains Over 8% as March Performance Shows Strong Recovery with Over 1,000 Daily Order! 

Expansion of Gigafactory and Market Performance 

Ola Electric is expanding its Gigafactory capacity towards 6 GWh to support domestic battery production and further reduce costs.  

The company reported a 150% month-on-month growth in registrations in March, with over 10,117 units registered and daily orders surpassing 1,000 units in the last week. 

Ola Electric Mobility Share Price Performance 

As of April 02, 2026, at 11:59 AM, Ola Electric Mobility share price on NSE was trading at ₹27.90 up by 7.76% from the previous closing price. 

Conclusion 

Ola Electric's decision to reduce the Roadster 9.1 price and introduce limited purchase windows reflects its strategic response to increased demand and production efficiencies. The company's focus on domestic manufacturing and battery technology advancements supports India's transition to electric vehicles. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 2, 2026, 12:08 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers