• OLA Electric, India's leading electric two-wheeler manufacturer, saw its stock rise by 16% in early morning trade, reaching ₹128.30 per share.
• The company unveiled three electric bike models, expanding its presence in the two-wheeler motorcycle segment.
• OLA Electric showcased its indigenously developed Bharat 4680 cell and battery pack, new Gen-3 platform, and MoveOS 5 at its annual launch event.
• The company aims to accelerate the penetration of electric vehicles in the two-wheeler market, targeting a significant boost through its motorcycle offerings.
• OLA Electric's market share reached a record 49% during the June quarter, and it is close to achieving EBITDA breakeven.