Ola Electric Unveils Roadster X Bike From Tamil Nadu Plant

EV major Ola Electric has launched its first Roadster X motorcycle from its Futurefactory in Tamil Nadu’s Krishnagiri, the model .

The company aims to deliver these motorcycles across India by the end of this month, with availability expected in April, it said in a statement.

The pricing for the Roadster X series starts at INR 84,999, INR 94,999 and INR 1,04,999 for the X 2.5kWh, 3.5kWh and 4.5 kWh, respectively.

The series extends to Roadster X+ 4.5kWh and Roadster X+ 9.1kWh models priced at INR 1,14,999 and INR 1,84,999, respectively.

“The Roadster X series represents our commitment to taking the EV revolution to the next level. Today’s roll-out celebrates not just a new product, but a new era for us and the industry, as it represents the next phase of revolution in electric mobility,” said Ola Electric’s head Bhavish Aggarwal.

Ola has been under fire after a recent Bloomberg report suggested that it included bookings for yet-to-be launched vehicles in its February sales data, potentially inflating its market share.

The report further said that Ola Electric informed the Ministry of Road Transport and Highways in a March 21 letter that it had counted bookings for 10,866 Gen3 escooters and 1,395 Roadster X motorcycles in its February sales.

Following this, the ministry sought clarifications from Ola on its monthly sales. It also asked the company to revise its February 2025 sales data and include only those vehicles that were invoiced that month.

Countering the controversy around sales data, the EV maker said that the February 2025 sales announcements were based on paid and confirmed orders, not “preliminary bookings”.

Further, it said that 90% of the orders were paid in full at the time of placement during February. The company added that these orders included its new two-wheelers Gen 3 and Roadster X, which went live for purchase during the same month.

Notably, Ola Electric first unveiled its electric motorcycle portfolio, ‘The Roadster Series’, during its annual event in August last year.

In the most recent development, Ola Electric reportedly roped in

EY will help Ola Electric “achieve regional compliance” as the EV manufacturer looks to push the pedal on same-day deliveries with its recently announced “HyperDelivery” offering, an NDTV report said.

It is the second time that the listed company has hired the consulting firm in the past six months. In October 2024, Ola Electric roped in EY India to fix its service-related issues.

Further, Ola Electric was under Central Consumer Protection Authority ( defective vehicle sales, and other customer complaints.

In October last year, the and maintaining the requisite service centres.

In December last year, Ola Electric expanded its distribution network to 4,000 stores as part of its effort to fuel EV access and adoption across India.

On the financial front, Ola Electric’s in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 376 Cr in the year-ago quarter, hurt by lower revenue.

Its operating revenue declined 19% to INR 1,045 Cr in Q3 FY25 from INR 1,296 Cr in Q3 FY24. Sequentially, it fell 14% from INR 1,214 Cr.

Shares of Ola Electric closed the trading session today 0.14% up at INR 50.19 on the BSE.

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