About Ola Electric
Ola Electric Mobility Limited is India's largest electric two-wheeler manufacturer, founded with the mission to move the world to sustainable mobility. The company designs, manufactures, and sells electric scooters and related technologies.
Our Story
Founded in 2017 by Bhavish Aggarwal, Ola Electric spun off from Ola Cabs to focus on electric vehicle manufacturing. In 2024, the company went public in India's largest IPO of the year, raising over INR 6,000 Crore.
What We Do
Ola Electric manufactures electric scooters including the S1 Pro, S1 Air, and S1 X models. The company also develops battery cell technology, charging infrastructure, and mobility software platforms at its Futurefactory in Tamil Nadu.
Our Mission
To move the world to sustainable mobility by making electric vehicles accessible, affordable, and desirable for every Indian.
Leadership
Ola Electric is led by Founder & CEO Bhavish Aggarwal, who also founded Ola Cabs and is one of India's most prominent entrepreneurs in the mobility space.
Financial Performance
Ola Electric reported revenue of INR 5,000+ Crore for FY2025, with strong growth driven by increasing adoption of electric vehicles in India. The company sold over 400,000 electric scooters in FY2025.
Global Presence
Headquartered in Bengaluru, Karnataka, Ola Electric operates its manufacturing facility (Futurefactory) in Krishnagiri, Tamil Nadu, which is one of the world's largest two-wheeler factories. The company employs 5,000+ people directly.