Ola Electric becomes India's First Automotive OEM to get Government Certification for its In-House Developed Ferrite Motor

Ola Electric, India's largest pure-play EV company, today announced that it became the first two-wheeler EV manufacturer to receive government certification for its in-house developed rareearth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets.

This certification has been granted by Global Automotive Research Centre, Tamil Nadu, after Ola Electric's ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041 that is notified by the Ministry of Road Transport, Government of India.

The tests showed that Ola Electric's in-house developed ferrite motor's performance matched that of the motors with rare-earth permanent magnet motors in terms of net power for 7kW and 11 kW variants.

The ferrite motor delivers efficiency, performance, and durability on par with rare-earth permanent magnet motors, while dramatically lowering costs and de-risking supply chain fluctuations. The company first introduced its ferrite motor at its annual 'Sankalp 2025' event in August this year.

With this certification, Ola Electric will begin integrating the ferrite motor across its product lineup, further enhancing performance, affordability, and sustainability for millions of Indian consumers.

Shares of OLA Electric Mobility Limited was last trading in BSE at Rs. 53.97 as compared to the previous close of Rs. 55.91. The total number of shares traded during the day was 3184642 in over 15088 trades.

The stock hit an intraday high of Rs. 55.00 and intraday low of 53.55. The net turnover during the day was Rs. 172730129.00.

Source : Equity Bulls

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INE0LXG01040 OLAElectricMobility TwoWheelers ThreeWheelers ElectricVehicles OEM GovernmentCertification RareEarthFree FerriteMotor