{"id":139658,"date":"2024-11-27T11:17:31","date_gmt":"2024-11-27T05:47:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=139658"},"modified":"2024-11-27T16:14:59","modified_gmt":"2024-11-27T10:44:59","slug":"ev-stock-jumps-8-after-it-launches-new-ev-scooters","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ev-stock-jumps-8-after-it-launches-new-ev-scooters\/","title":{"rendered":"EV stock jumps 8% after it launches new EV scooters"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-396136557\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>India&#8217;s electric vehicle (EV) ecosystem is rapidly expanding, driven by key players like Tata Motors, Mahindra Electric, Ather Energy, Ola Electric, and Revolt Motors. These companies are not only pushing for innovation in EV design but also focusing on improving battery technology and enhancing charging infrastructure.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-533109218\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The Indian EV market is expected to grow significantly in the coming years, spurred by a strong push for sustainability, government incentives, and rising fuel prices. As manufacturers scale up production, a wider variety of electric vehicles is being made available, catering to different consumer segments, from two-wheelers to electric cars.&nbsp;<\/p><p>The growth potential is significant, with experts predicting that India could become one of the world&#8217;s largest EV markets by 2030, contributing to a greener, more energy-efficient future.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price<\/strong><\/h2><p>The shares of <strong>OLA Electric Mobility Limited<\/strong> are currently trading at Rs. 82 up by 11.76% from its previous close of Rs. 73.42 as of November 27, 2024.<\/p><div class=\"trade-content_5\" id=\"trade-3398617230\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Government Push for EV<\/strong><\/h2><p>The Indian government has been a strong advocate for electric vehicles, launching initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme to incentivize both production and adoption.&nbsp;<\/p><p>State governments have also introduced tax rebates and exemptions on road taxes, which make EVs more attractive to consumers. GST on electric vehicles has been reduced to 5%, which substantially lowers their overall cost compared to conventional vehicles.<\/p><p>&nbsp;Additionally, subsidies on electric vehicle batteries, along with financial incentives for charging infrastructure development, further support the transition to electric mobility. These combined efforts by the central and state governments are playing a crucial role in accelerating the adoption of EVs across India.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent Updates<\/strong><\/h2><h3 class=\"wp-block-heading has-medium-font-size\"><strong>Ola Electric&#8217;s Latest Scooter Launches<\/strong><\/h3><p>On November 26, 2024, Ola Electric, India\u2019s largest pure-play EV company, unveiled its new Gig and S1 Z range of electric scooters, designed to cater to both personal and commercial use across rural, semi-urban, and urban areas.&nbsp;<\/p><p>The new range includes the Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+, available at introductory ex-showroom prices of \u20b939,999, \u20b949,999, \u20b959,999, and \u20b964,999, respectively.&nbsp;<\/p><p>These scooters are built to offer affordable, durable, and reliable electric mobility solutions with features like removable batteries, meeting the diverse needs of customers. Reservations for these models are open starting at \u20b9499, with deliveries slated to begin in April and May 2025.<\/p><div class=\"trade-content-10\" id=\"trade-4128617658\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h3 class=\"wp-block-heading has-medium-font-size\"><strong>Ola PowerPod: A Dual-Purpose Power Solution<\/strong><\/h3><p>Ola Electric also launched the innovative Ola PowerPod, a versatile portable power source. Priced at \u20b99,999, the PowerPod doubles as both a portable battery and an inverter. With a 1.5kWh capacity, it can power small household appliances such as lights, fans, a TV, a Wi-Fi router, and even charge mobile phones. This feature is especially beneficial for users in semi-urban and rural areas where access to stable electricity may be limited, helping to provide sustainable and accessible energy solutions.<\/p><h3 class=\"wp-block-heading has-medium-font-size\"><strong>Ola Roadster Series: Performance Motorcycles<\/strong><\/h3><p>In addition to the scooter range, Ola Electric introduced its Roadster motorcycle series. The series includes the Roadster X (2.5 kWh, 3.5 kWh, 4.5 kWh), Roadster (3.5 kWh, 4.5 kWh, 6 kWh), and Roadster Pro (8 kWh, 16 kWh). Prices for these motorcycles start at \u20b974,999, with segment-first features and impressive performance aimed at revolutionizing the electric motorcycle market.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory. Market Leadership Co. is the largest E-Scooter Manufacturing company in India, with a 31% market share in the E2W sector, selling 329,618 scooters in FY24.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By: Dipangshu Kundu<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-55511304\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>India&#8217;s electric vehicle (EV) ecosystem is rapidly expanding, driven by key players like Tata Motors, Mahindra Electric, Ather Energy, Ola Electric, and Revolt Motors. These companies are not only pushing for innovation in EV design but also focusing on improving battery technology and enhancing charging infrastructure.&nbsp; The Indian EV market is expected to grow significantly [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":118794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-139658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EV stock jumps 8% after it launches new EV scooters - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"India&#039;s electric vehicle (EV) ecosystem is rapidly expanding, driven by key players like Tata Motors, Mahindra Electric, Ather Energy, Ola Electric, and Revolt Motors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/ev-stock-jumps-8-after-it-launches-new-ev-scooters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EV stock jumps 8% after it launches new EV scooters\" \/>\n<meta property=\"og:description\" content=\"India&#039;s electric vehicle (EV) ecosystem is rapidly expanding, driven by key players like Tata Motors, Mahindra Electric, Ather Energy, Ola Electric, and Revolt Motors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/ev-stock-jumps-8-after-it-launches-new-ev-scooters\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-27T05:47:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-27T10:44:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/ev00.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/ev-stock-jumps-8-after-it-launches-new-ev-scooters\/\",\"url\":\"https:\/\/tradebrains.in\/features\/ev-stock-jumps-8-after-it-launches-new-ev-scooters\/\",\"name\":\"EV stock jumps 8% after it launches new EV scooters - 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