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

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

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