ola electric share price, Stock Market Today: Shares of Ola Electric Mobility surged up to 6% in early trade on Wednesday, buoyed by the company’s announcement of its latest offerings in the electric scooter market. The stock opened at ₹77.71 on the BSE, significantly higher than Tuesday’s close of ₹73.47, and reached an intraday high of ₹77.90.
This rally comes after Ola Electric unveiled its new range of scooters—Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+—on November 26. The new lineup is positioned to make electric mobility more affordable for Indian consumers, with prices starting as low as ₹39,999.
Ola Electric’s New Launches: Democratizing EV Mobility
Ola Electric Mobility is revolutionizing the Indian electric vehicle (EV) landscape with its innovative products and competitive pricing. Here’s what the new launches bring to the table:
| Model | Introductory Price (₹) | Key Features |
|---|---|---|
| Ola Gig | ₹39,999 | Lightweight, city-friendly, affordable |
| Ola Gig+ | ₹49,999 | Enhanced battery, ideal for commuters |
| Ola S1 Z | ₹59,999 | Premium design, robust performance |
| Ola S1 Z+ | ₹64,999 | Top-tier features, extended range |
The company emphasized its commitment to “democratizing electric mobility”, aiming to cater to a wider audience with varied needs and budgets.
Stock Performance Overview
- Opening Price: ₹77.71
- Previous Close: ₹73.47
- Intraday High: ₹77.90 (+6%)
- Market Sentiment: Bullish
The stock’s upward trajectory highlights investors’ confidence in the company’s strategic expansion in the EV segment.
