Ola Electric’s stock got a lift after the government gave the green light to its new Roadster X+ electric motorcycle.
Government certification for Roadster X+
The Ministry of Road Transport and Highways approved the Roadster X+ under the Central Motor Vehicle Rules. This makes it the first Indian electric bike to be certified with a completely in‑house 4680 Bharat Cell battery pack.
- Battery capacity: 9.1 kWh
- Certification involved safety, electrical, performance and environmental tests
- Ola says the bike offers a longer range, better performance, safety and reliability
With this approval, Ola can start delivering the Roadster X+ to customers, a step the company says will speed up electric‑vehicle adoption in India’s two‑wheeler‑focused market.
Scaling up other 4680 Bharat Cell vehicles
Earlier this week, Ola announced it would expand deliveries of its 5.2 kWh S1 Pro+ scooter, also powered by the 4680 Bharat Cell, across Tamil Nadu, Kerala, Telangana and Karnataka.
By producing both the battery cell and the pack in‑house, Ola becomes the first Indian firm to control the entire EV battery value chain, moving toward a fully integrated ecosystem.
Share price reaction
Following the certification news, Ola Electric shares jumped as much as 3.8% during the session, reaching a high of ₹36.78. The stock closed at ₹36.59, about 3% higher than the previous close of ₹35.43.
Despite the day's gain, the shares have fallen about 58% year‑to‑date, reflecting a challenging market environment for the company.
What this means for investors
The certification signals progress for Ola’s electric‑vehicle roadmap and could improve confidence in the company’s ability to launch new products. However, the steep YTD decline reminds investors that the stock remains volatile.
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.