Ola Electric's New Battery Sparks Stock Volatility

Ola Electric has commenced mass deliveries of vehicles equipped with its proprietary 4680 Bharat Cell battery pack, a significant step in its technological advancement. The flagship S1 Pro+ electric scooter, boasting a 5.2kWh battery, is the inaugural two-wheeler to feature this innovative technology, which is engineered to deliver superior range, performance, and safety standards.

This development makes Ola Electric the first Indian company to achieve complete in-house control over both battery pack and cell manufacturing capabilities. This vertical integration is expected to bolster its competitive edge in the rapidly evolving electric vehicle market.

Meanwhile, the company's stock experienced fluctuations but remained a focus for financial analysts. Following positive outlooks from ICICI Securities and Motilal Oswal, who reiterated bullish stances, the stock is seen with substantial upside potential. Analysts predict a rally of up to 46% from current levels, driven by strong operational momentum and a growing demand for clean energy solutions.