Trade Unlisted is not regulated by the Securities and Exchange Board of India (SEBI). Investments in unlisted securities involve significant risk, including the risk of complete loss of capital. The filing of a Draft Red Herring Prospectus (DRHP) does not guarantee that an Initial Public Offering (IPO) will occur. Unlisted securities are inherently illiquid, price discovery may be limited, and exit opportunities may not materialize.
Trade Unlisted provides news, insights, and general market information for informational and educational purposes only. The content should not be construed as financial, investment, legal, or tax advice. Trade Unlisted does not act as a broker, investment advisor, fiduciary, or intermediary, and does not endorse, recommend, solicit, or validate any investment opportunity. Users are solely responsible for conducting their own independent due diligence before making any financial or investment decisions.
All information is derived from publicly available sources and market observations. While reasonable care is taken in preparing content, Trade Unlisted makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of the information provided. Users should independently verify all information prior to relying on it.
Ola Electric Secures Key Certification for 4680 Roadster X Powered by Bharat Cell
Certification Received:
• Ola Electric announced that its Roadster X+ electric motorcycle (9.1 kWh) has received government certification under the Central Motor Vehicle Rules (CMVR), 1989 from the International Centre for Automotive Technology (iCAT).
Battery Technology:
• The Roadster X+ is powered by Ola’s indigenously developed 4680 Bharat Cell battery pack, making it the first electric motorcycle in India to be certified with this in-house battery technology.
Regulatory Approval:
• This certification follows comprehensive tests covering safety, electrical performance, environmental compliance, and vehicle functionality as prescribed by the Ministry of Road Transport and Highways (MoRTH) for battery-operated vehicles.
Battery Certification:
• In addition to CMVR approval, the 9.1 kWh Bharat Cell battery pack has also obtained certification from the Automotive Research Association of India (ARAI) under AIS-156 Amendment 4 standards after clearing rigorous safety and durability tests.
Delivery Plans:
• With certification in place, Ola Electric will now begin deliveries of the Roadster X+ model to customers.
Performance and Range:
• The Roadster X+ is claimed to offer a long riding range (up to around 500 km) on a single charge, attributed to the high energy density of the 4680 Bharat Cell technology.
Strategic Deployment:
• Ola Electric is using its in-house developed 4680 Bharat Cell platform across its wider two-wheeler portfolio, including both scooters and motorcycles.
Industry Significance:
• The certification milestone represents a key step toward India’s end-to-end EV technology capability, highlighting domestic battery innovation and local manufacturing progress.
Market Reaction:
• Following the news of certification, Ola Electric’s share price saw upward movement, reflecting investor optimism.
Source: https://inc42.com/buzz/ola-electric-gets-key-certification-for-4680-bharat-cell-powered-roadster-x/
Comments