Ola Electric Projects Quarterly Opex Surge to ₹2.5–3 Billion

Ola Electric Mobility, India’s largest electric two-wheeler manufacturer, is entering a critical expansion phase. 

The company stated that its consolidated quarterly operating expenses will likely reach ₹2.5–3 billion in the coming quarters. This reflects Ola’s aggressive investment strategy in manufacturing infrastructure, battery innovation, and ecosystem development, aimed at securing long-term market leadership.

Key Highlights

• Opex Forecast: Consolidated quarterly operating expenses projected at ₹2.5–3 billion.
• Gigafactory Progress: Ola’s gigafactory is on track for completion by March 2026, enabling large-scale cell production.
• Battery Breakthrough: Launch of 4680 Bharat Cells into commercial EV products.
• Strategic Focus: Emphasis on structural efficiency, margin improvement, and sustainable growth.
• Market Ambition: Reinforces Ola’s vision to lead India’s EV revolution and expand global competitiveness.

This surge in operating expenses signals Ola Electric’s commitment to building a robust EV ecosystem, balancing near-term financial strain with long-term operational leverage.

Sources: Ola Electric Investor Reports, Moneycontrol, InvestyWise