The Roadster Series includes three models: the Roadster Pro, Roadster, and Roadster X, with prices ranging from ₹75,000 to ₹2.49 lakh.
Ola Electric made a significant entry into the electric motorcycle market on August 15, unveiling its inaugural Roadster Series at its annual ‘Sankalp 2024’ event held at the FutureFactory in Tamil Nadu. The launch features three new models:
- Roadster Pro: Priced at ₹1.99 lakh to ₹2.49 lakh, with deliveries slated to begin from Diwali 2025.
- Roadster: Offered at an introductory price of ₹1.05 lakh to ₹1.39 lakh, with deliveries starting in January 2025.
- Roadster X: Available for ₹74,999 to ₹99,999, with deliveries also starting in January 2025.
Pre-booking for all three models starts today.
During his keynote address, Ola Electric CEO Bhavish Aggarwal outlined his vision for the company’s future, underscoring Ola’s commitment to shaping India’s destiny. “Our goal is to build the India of our dreams. We are dedicated to realizing the 2047 vision and shaping the future rather than leaving it to others,” he stated. Aggarwal also reflected on the company’s evolution from its humble beginnings in a Mumbai office to becoming India’s first listed EV company. He proudly noted, “Three years ago, Ola Electric was just a dream. Today, we’re the largest two-wheeler electric vehicle company in the world.”
In an earnings call on August 14, Aggarwal highlighted the company’s new focus on the motorcycle segment, a significant part of the Indian automotive market. He emphasized that Ola Electric is now targeting both mass and premium segments with its new electric motorcycle lineup.
The launch of the Roadster Series follows the company’s recent stock market debut, with shares initially listed at ₹76 per share but later climbing above ₹110 on the BSE as of August 14.
The event also featured a performance by three-time Grammy Award winner Ricky Kej, adding a celebratory note to the occasion.
