Ola Electric Mobility shares experienced a significant uptick on Tuesday, jumping 8.5% to Rs 44.70 despite looming concerns over proposed GST reforms that could potentially impact the electric vehicle (EV) sector. The surge in share price was accompanied by robust trading activity, with 2,482.59 lakh shares changing hands, amounting to a substantial Rs 1,086.38 crore traded on the National Stock Exchange (NSE).

GST Reform Proposals and Potential Impact

The rally comes against the backdrop of Prime Minister Narendra Modi's announcement regarding plans to lower GST rates across several categories by Diwali. One of the key proposals under consideration is the reduction of GST on small cars from the current 28% to 18%. While this move aims to stimulate the automotive sector, it has raised concerns among analysts about its potential impact on the EV market.

Analyst Perspectives

Both HSBC Global Research and Nomura have issued warnings about the possible negative implications for EV companies like Ola Electric Mobility. The analysts suggest that GST cuts on Internal Combustion Engine (ICE) vehicles could widen the price gap between EVs, which are currently taxed at 5%, and traditional ICE vehicles. This price differential could potentially affect the competitive positioning of EV manufacturers in the market.

Ola Electric's Recent Financial Performance

The company's recent financial results paint a mixed picture:

Ola Electric Mobility reported a consolidated net loss of Rs 428.00 crore for the quarter ended June 30, 2025, marking a 23.00% increase from the Rs 347.00 crore loss reported in the same quarter of the previous year. Concurrently, the company's revenue saw a significant decline of 49.60%, dropping to Rs 828.00 crore.

Stock Performance Overview

The stock's performance has been challenging over the past year:

• Year-to-date decline in 2025: 49.00%
• Decline over the past year: 70.00%
• Recent uptick in the past month: 7.00% gain

Despite the overall downward trend, the recent 7.00% gain over the past month and today's 8.50% surge suggest a potential shift in investor sentiment. However, it remains to be seen how the proposed GST reforms and the company's financial performance will influence its stock trajectory in the coming months.

As the EV market continues to evolve and government policies shift, investors and industry observers will be closely watching Ola Electric Mobility's performance and adaptability in this dynamic landscape.

Ola Electric Mobility , a leading player in India's electric vehicle market, has announced a significant leap in its technological capabilities and vertical integration strategy. The company has begun integrating its in-house developed 4,680 Bharat Cell into its vehicles, marking a milestone as India's first indigenously developed lithium-ion cell.

Bharat Cell: A Game-Changer for Ola Electric

The introduction of the Bharat Cell is set to strengthen Ola Electric's market position and improve its profit margins. CEO Bhavish Aggarwal revealed that the integration of these cells into Ola's vehicles has commenced this quarter. The Bharat Cell boasts impressive specifications:

• Over 15 years of battery life
• 5 times the capacity of competing cells
• 80% charging capability within 15 minutes (compared to rivals' 50% charge in 30 minutes)

These advancements could potentially revolutionize the electric two-wheeler market in India, offering consumers longer-lasting and faster-charging vehicles.

New Product Launches and Technological Advancements

At its annual 'Sankalp' event, Ola Electric showcased several new products and technologies:

1. Ola Pro Sport Scooter: This new model is equipped with the Bharat Cell, demonstrating the company's commitment to integrating its indigenous technology into its product line.

2. Ferrite Motor Technology: As part of its vertical integration strategy, Ola has developed ferrite motor technology to replace rare earth magnets. Vehicles featuring this technology are expected to hit the market in the third quarter.

3. MoveOS6 Software: Ola announced the launch of its AI-enabled MoveOS6 software, scheduled for January 2026. This software update is likely to enhance the user experience and performance of Ola's electric vehicles.

4. Diamond Head Electric Motorcycle: The company unveiled a prototype of its Diamond Head electric motorcycle, targeting a mid-2027 launch with a price point under Rs 5.00 lakh.

Implications for the Indian EV Market

Ola Electric's moves towards greater vertical integration and technological self-reliance could have significant implications for the Indian electric vehicle market. By developing key components in-house, such as the Bharat Cell and ferrite motor technology, Ola aims to reduce dependence on external suppliers and potentially lower production costs.

The company's focus on indigenous technology aligns with India's push for self-reliance in critical sectors. If successful, these innovations could boost Ola's competitiveness and potentially accelerate the adoption of electric two-wheelers in the country.

As Ola Electric continues to expand its technological capabilities and product offerings, it will be interesting to see how these developments impact the company's market share and the broader electric vehicle landscape in India.