Ola Electric shares hit a 20% upper circuit at ₹88.10 after unveiling its most affordable scooters, the S1 Z and Gig series.
Starting at just ₹39,000, these scooters feature a portable battery that doubles as a home inverter with the Ola PowerPod. CEO Bhavish Aggarwal announced the launch on X, highlighting affordability and innovation. The Gig range, tailored for gig workers, includes two models — Gig and Gig+, priced at ₹39,999 and ₹49,999. Reservations are open, with deliveries from April 2025. Shares also gained 14% in the past week.