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Ola’s Electric Motorcycle Launch To Take Place In FY26

Published on 19 Jun, 2024, 4:39 AM IST
Updated on 19 Jun, 2024, 5:01 AM IST
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Chinmay Hadkar
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4 min read
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There are plans to launch both high performance and mass market motorcycles

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Ola Electric announced its entry into the electric motorcycle market with plans to launch its first model in the first half of FY26 (between April and September 2025). Ola Electric is already riding the wave of momentum generated by the recent approval of its much-anticipated IPO. This public offering, the first for an Indian EV maker, will provide Ola Electric with the capital needed to fuel its expansion plans. This move aligns with its long-term goal of expanding into the mass-market motorcycle segment.

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Ola Electric Motorcycle Designs

Ola Electric has not only revealed its ambitions for the electric motorcycle segment but has also given us a glimpse into its design philosophy with four concept models – Diamond-head, Adventure, Cruiser, and Roadster. These futuristic designs showcase a range of possibilities for what its upcoming motorcycles might look like. However, a recently leaked design patent suggests a completely different direction. This new design appears more production-ready and could potentially be the first electric motorcycle launched by Ola.

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Ola Electric Motorcycle Patented Design 

The leaked patent reveals a unique electric motorcycle design with a sharp, minimalist body. This is coupled with the simpler hardware components like a telescopic fork and dual shock absorbers. Our assumption is that Ola Electric might be heading to offer an entry-level electric motorcycle. The 17-inch alloy wheels and narrow tyres further reinforce this theory, indicating a focus on efficiency and range, which are key factors for commuter motorcycles.

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Adding to Ola Electric's competitive edge is its development of in-house 4680 battery cells. Currently undergoing trial runs in Ola S1s. Ola Electric's Gigafactory, with a current production capacity of 1.4 GWh and planned expansion to 5 GWh by October, signifies its commitment to indigenously produced battery solutions. These next-generation cells boast increased energy storage and improved thermal management, making them ideal for high-performance applications. We could also see a glimpse of these on the Ola Electric motorcycle. Read More

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Ola Electric's IPO was approved by SEBI, marking the first for an Indian EV maker and the first automotive brand in 20 years. The ₹5,500 crore raised will fund capacity expansion, debt repayment, R&D, and potential acquisitions. This comes as Ola Electric leads the Indian EV two-wheeler market with a 52% share and recently launched the affordable Ola S1 X scooter. Its vision for an end-to-end EV ecosystem is reinforced by its upcoming GigaFactory for cell manufacturing. Read More

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