Ola Opens 3,200 New Stores, Expands Network To Over 4,000 Facilities

Ola Electric store

Ola Electric, one of India’s largest pure-play electric vehicle companies, has expanded its physical network to over 4,000 stores nationwide, which it claims is a four-fold increase over its existing network.

The EV maker recently opened over 3,200 new stores co-located with service facilities across the country, which it believes will enable it to make faster inroads in not just urban areas but also rural India.

Bhavish Aggarwal, Chairman & Managing Director, Ola Electric, said, “With our newly opened stores co-located with service centres, we have completely redefined EV purchase & ownership experience, setting new benchmarks with our #SavingsWalaScooter campaign. As we continue to scale, we are committed to pushing the boundaries of innovation and accelerating the country’s journey towards #EndICEAge.”

The company also recently showcased the limited edition ‘Ola S1 Pro Sona’ e-scooter, which comes with real 24-karat gold plated elements. The e-scooter will be presented  to the winner of the #OlaSonaContest.

At present, Ola Electric’s product portfolio includes the – Gig and S1 Z scooter range starting at INR 39,999 for the B2B segment and S1 portfolio starting at INR 74,999 for personal commuter segment.

Revolt Motors Secures Order For 1,100 Electric Motorcycles From Bihar Police

Revolt BlazeX

Revolt Motors, a wholly-owned subsidiary of RattanIndia Enterprises, has secured an order to supply 1,100 BlazeX electric motorcycles to the Bihar Police for patrolling operations. The contract represents an expansion of the company's institutional business into law enforcement mobility.

The BlazeX model features a claimed range of up to 150 km per charge and can be recharged using a standard 10A power socket. The vehicle is equipped with a removable battery, under-seat storage for the charger and built-in GPS for fleet location tracking and monitoring.

Delivery of the vehicles is contracted for completion by January 2027, with Revolt Motors targeting completion of deliveries by November 2026. The deployment expands Revolt Motors' operational footprint, which currently includes a network of over 182 dealerships across India.

Anjali Rattan, Chairperson of RattanIndia Enterprises, said, "Securing an order for 1,100 electric bikes from Bihar Police is a significant step for Revolt. Institutional mobility presents a different set of requirements from individual ownership, and engagements of this scale give us an opportunity to take our products into real-world operating environments. We see institutional adoption as an important avenue for expanding the role of electric bikes in India."

Amara Raja Reports INR 5.2 Billion Net Profit For Q2 FY2027

Amara Raja Energy Mobility

Amara Raja Energy and Mobility has announced its financial performance for Q2 FY2027, reporting revenue from operations of INR 38.43 billion, up 13.43 percent increase compared to INR 33.88 billion a year ago.

The profit before tax and exceptional items stood at INR 2.5 billion for the quarter ended September 30, 2026, compared to INR 2.8 billion in the same period of the prior year. For the half-year ended September 30, 2026, revenue reached INR 78.84 billion as against INR 67.38 billion in the previous half-year, while profit before tax stood at INR 5.2 billion.

The company attributed the performance to demand in the automotive battery aftermarket and original equipment manufacturer segments, home energy operations and stationary telecom battery packs.

Harshavardhana Gourineni, Executive Director of Automotive and Industrial, Amara Raja Group, said, "Robust OEM demand across 4W and 2W, together with healthy aftermarket volumes, drove domestic revenue growth of over 10 percent, while Industrial UPS grew over 7 percent. International demand remains strong, but geopolitical shipping disruptions have temporarily limited our ability to fulfil it. As logistics normalise, we are confident of accelerating growth."

Vikramadithya Gourineni, Executive Director of New Energy Business, Amara Raja Group, said, "We continue to see strong volume growth, led by the stationary segment, while our Giga Factory-1 in Telangana remains on track. With the Telecom sector rapidly shifting to lithium, we are confident of sustaining our market leadership through this technology transition. Our BESS plant is also expected to come online next month, further strengthening our capabilities across the energy storage value chain."

Jayadev Galla, Chairman and Managing Director, Amara Raja Group, "We delivered a solid performance this quarter. Our Lead Acid Business continued to perform strongly, supported by broad-based traction across segments, while the New Energy Business maintained its growth momentum. The progress on our Giga Factory remains on track, reinforcing our confidence in building a strong, future-ready energy platform."

Olectra Deploys 35 Electric Buses In Chhatrapati Sambhajinagar

olectra-deploys

Olectra Greentech has introduced 35 air-conditioned electric buses in Chhatrapati Sambhajinagar, which was formally inaugurated by the Chief Minister of Maharashtra, Devendra Fadnavis, on 1 November 2026, at the Divisional Sports Complex.

The e-buses have been deployed to support the Chhatrapati Sambhajinagar Municipal Corporation for modernising public transport network. Operated by Evey Trans, passenger services are scheduled to begin on 2 November 2026, across various urban routes.

The 9-metre electric buses feature monocoque construction, blade battery technology, front and rear air suspension, disc brakes, an Antilock Braking System and regenerative braking.

Passenger amenities include air curtains at doors, CCTV systems, digital destination boards with integrated announcement announcements, vehicle location tracking, USB charging points and digital instrument clusters.

Olectra Greentech operates over 4,500 electric buses across more than 55 cities, accumulating over 750 million green kilometres.

Mahesh Babu, MD, Olectra Greentech, said, "India is making remarkable progress in its transition towards cleaner and more sustainable public transportation. The introduction of 35 Olectra electric buses in Chhatrapati Sambhajinagar is another important step in making clean, reliable and efficient mobility a reality for more people. With 4,500+ Olectra electric buses on the road across more than 55 cities, covering over 750 million green kilometres, we believe the true measure of progress is not just the number of buses deployed, but the positive impact they create on everyday mobility, passenger experience and the environment. We thank the Government of Maharashtra and Chhatrapati Sambhajinagar Municipal Corporation for their continued trust and support. Olectra remains committed to shaping the future of sustainable public transportation through innovation and reliable electric mobility solutions."

EKA Mobility Inaugurates 6 Manufacturing Facilities Supported By INR 35 Billion Investment

EKA Mobility - Pinnacle Industries

Pune-headquartered EKA Mobility and Pinnacle Industries have inaugurated six manufacturing facilities across Maharashtra and Madhya Pradesh as part of the EKA 'Avirbhava' event in Pune.

The group has invested over INR 35 billion in its manufacturing platform, alongside an R&D investment exceeding INR 6 billion. The expansion brings the group's total footprint to 11 manufacturing units across 120 acres, with an annual production capacity of over 40,000 electric commercial vehicles.

The newly opened sites include an SCV plant and a Bus & Trucks plant in Pune, the VDL Pinnacle Engineering plant, the Instor India facility for EV bus body structures and battery enclosures, a Pinnacle Seating and Interiors unit in Pune and Pinnacle's bus and rail seating plant in Pithampur. EKA Mobility reported a YoY sales growth of 1,243 percent in H1 FY27 and holds an order book of over 11,000 buses valued at USD 1.7 billion.

The company operates as a Champion OEM under the Indian Government's Automotive PLI Scheme, backed by 300 intellectual properties and a workforce of 6,000 employees, including 1,000 R&D engineers. Operations are supported by telemetry software EKA Connect, which tracks 1,500 vehicle parameters every half-second while retaining data within domestic servers. Internationally, the firm has deployed electric buses in Zanzibar and small commercial vehicles in Nepal, with assembly plants being established in South Africa and Australia.

Sudhir Mehta, Founder & Chairman, EKA Mobility and Group Companies, said, "EKA Avirbhava marks a defining milestone in our journey of building a future-ready, globally competitive manufacturing ecosystem rooted in India. The inauguration of six manufacturing facilities across our group reflects our unwavering commitment to innovation, indigenous engineering, sustainable mobility, and manufacturing excellence. These facilities are more than infrastructure; they represent our vision of creating world-class capabilities, generating meaningful employment, nurturing talent, and contributing to India’s emergence as a global manufacturing powerhouse. As we take this significant step forward, we remain focused on delivering transformative mobility solutions that create lasting value for our customers, our nation, and future generations."

"We have always believed that commercial EVs are about more than vehicles. The diversity of our product portfolio is not an accident. It is a conscious idea, because to make a real difference, we must impact every Indian and every traveller. That means looking at mobility holistically: goods and passengers, from the first mile to the last mile. Public transport is the backbone of India. Until we make it accessible and affordable for all, we will not have achieved our vision, and no amount of technology matters if it does not reach the people who depend on it every day. Our products, their performance and their profitability are an example of how sustainability can be profitable for all: for the operator, for the passenger and for the country. That is why we have built all this, the plants, the engineering and the technology, in India, for India," added Mehta.