Ola Electric Share Price Surges 24% in Two Days: What’s Driving the EV Stock Rally?
- 20th August 2025
- 12:00:00 PM
- 3 min read
Mumbai | August 20 – Ola Electric shares extended their winning streak for the second consecutive session on Wednesday, jumping over 12% intraday and taking the two-day rally to more than 24%. Investor sentiment turned bullish after founder and CEO Bhavish Aggarwal outlined aggressive growth plans, fresh product launches, and a bold push into battery and motor technology.
As of the last trade, Ola Electric share price stood at ₹50.43 on the NSE, up 12.49% from the previous close. Trading volumes spiked to the highest in a month, with delivery-based buying hitting record levels.
What’s Powering Ola Electric’s Stock Rally?
- 4680 Bharat Cell Rollout: Aggarwal confirmed that Ola’s first scooters powered by the new 4680 Bharat cell will hit the market by Navratri. The battery offers a lifespan of over 15 years, charges to 80% in just 15 minutes, and boasts five times the capacity of rival cells.
- EV Market Share Ambition: Ola Electric is targeting a 25–30% market share in India’s two-wheeler EV segment, driven by vertical integration, new launches, and expanded distribution. Its latest scooter, the Ola Pro Sport, comes equipped with the Bharat Cell.
- Next-Gen Motor Technology: At its Tamil Nadu plant, Ola is developing ferrite motor technology to cut dependence on rare earth magnets, positioning itself as a future-ready EV manufacturer.
- Motorbike Launch Pipeline: Ola’s electric motorbike has seen strong early reception, with the company scaling distribution to 200 stores and nationwide expansion planned by Navratri. Aggarwal also unveiled the prototype Diamond Head performance bike, expected to launch in 2027 at under ₹5 lakh.
Broader Supply Chain Strategy
Aggarwal emphasised that while China remains a major supplier of electrode materials, India is diversifying sourcing to Japan, Korea, and Australia. “India must broaden its supply chain for lithium and manganese to secure its EV future,” he said.
Analysts’ Take
According to Vikram Kasat, Head of Advisory at PL Capital, Aggarwal’s leadership has evolved: “Initially perceived as highly ambitious, sometimes aggressive, Bhavish is now taking a more balanced, responsible stance toward stakeholders. The focus is shifting toward profitable, scalable growth rather than unchecked expansion.”
Market data shows trading volumes at ₹58 crore, compared to a 20-day average of ₹11 crore. Deliverable quantity stood at 14.35 crore shares – the highest in two months – signalling strong institutional and retail participation.
Outlook
With Ola Electric positioning itself at the intersection of cutting-edge battery technology, alternative motor development, and aggressive EV market expansion, investor enthusiasm has clearly found new fuel. Kasat adds the real test will come once product deliveries scale and margins stabilise, but for now, the Ola Electric share price rally reflects growing confidence in India’s EV growth story.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
