Ola Electric Mobility Limited · NSE:OLAELEC
Ola Electric Mobility — Investor Presentation (April 2025)
19 slides from Ola Electric Mobility's investor presentation, Apr 1, 2025
Slide 1: Intimation of Investor Presentation to stock exchanges
OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 (Formerly known as Ola Electric Mobility Private Limited) Date: April 1, 2025 To, To, National Stock Exchange of India Ltd., BSE Limited Address: Exchange Plaza, C-1, Block G, Bandra Address: Phiroze Jeejeebhoy Towers Kurla Complex, Bandra (E
Slide 2: Ola Electric April 2025
OLA ELECTRIC APRIL 2025
Slide 3: Disclaimer
DISCLAIMER NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES , EXCEPT TO “QUALIFIED advisors or representatives, nor any such person’s officers or employees guarantee that the assumptions underlying such forward-looking statements are free from INSTIT
Slide 4: Key Highlights
KEY HIGHLIGHTS Key Highlights Ola continues to retain market leadership despite increased competitive intensity Key Milestones for Q4 FY25 # 1 E2W player Revenue and Growth • 344k units registered in FY25 maintaining leadership position with 30% market share Gen 3 Deliveries commenced Best-in-class
Slide 5: Industry EV volume continues to grow
M A R K E T O P P O RT U N IT Y Industry EV volume continues to grow Overall e2W Registrations CAGR % 30% 400K (Q1 FY23 to Q4 FY25E) 340K 280K 220K 160K 100K Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25E e2W Registrations 4
Slide 6: Our key strategies
K E Y U P D AT E S Our key strategies Broadening of Expansion of Distribution Technology innovation & Product portfolio network & Service infrastructure Vertical integration 5
Slide 7: Product roadmap
P R O D U C T E X PA N S I O N Product roadmap S1 PRO+ Gig/ Gig+ S1 SPORTS S2 CITY S2 Sports S3 Grand S2 Tourer S3 Grand Adventure Tourer (Gen 3) S1 PRO (Gen 2) S1 X+, X S1 Z SPORTSTER ARROWHEAD ROADSTER PRO CRUISER ADVENTURE DIAMONDHEAD (Gen 3) S1 X (Gen 2) ROADSTER X, X+ ROADSTER CARGO PASSENGER D
Slide 8: Gen 3 deliveries began in Mar'25 with demand surpassing expectations
P R O D U C T E X PA N S I O N Gen 3 deliveries began in Mar’25 with demand surpassing expectations GEN 2 GEN 3 Ola S1 X Ola S1 Pro Ola S1 X Ola S1 X+ Ola S1 Pro Ola S1 Pro+ ₹ 59,999/ 74,999/ 89,999 ₹ 109,999 ₹ 67,999/ 85,999/ 99,999 ₹ 104,999 ₹ 105,999/ 119,999 ₹ 142,999/ 169,999 Vehicle Retail Pri
Slide 9: Unlocking a much larger TAM through our entry into the Motorcycle segment
P R O D U C T E X PA N S I O N Unlocking a much larger TAM through our entry into the Motorcycle segment ROADSTER X ROADSTER X+ 2.5kWh 3.5kWh 4.5kWh 4.5kWh 9.1kWh Price ₹ 84,999 ₹ 94,999 ₹ 104,999 ₹ 114,999 ₹ 184,999 Motor 7 kW 7 kW 7 kW 11 kW 11 kW Range 140 km 196 km 252 km 252 km 501 km Top Speed
Slide 10: India's largest EV distribution network
D I S T R I B U T I O N E X PA N S I O N India’s largest EV distribution network Tier 4 37% Tier 5 5% Metro 3% Tier 1 10% Tier 3 Tier 2 37% 8% Regional split of New stores 4,000+ touch points 9
Slide 11: Exponential growth of our Sales & Service network
D I S T R I B U T I O N E X PA N S I O N Exponential growth of our Sales & Service network Sales Network Service Network 5,000 5000 1,600 4,436 1,434 1,071 3,750 3750 1,200 2,500 2500 800 3,365 431 1,250 1250 400 870 315 45 0 0 Mar 23 Mar 24 Mar 25 Mar 23 Mar 24 Mar 25 Owned Stores Network Partners
Slide 12: Service Transformation
T R A N S F O R M AT I O N Service Transformation Service Champion Focused execution Service TAT Productivity on Service Expansion of Number of Service centres 30% 3.9 2.6 2.5 3.9 3 Capacity augmentation at 56% Service centres 1.3 1.95 1.1 Technology led enablement 0 0 Sep 24 Jan & Feb 25 Sep 24 Jan
Slide 13: Network Transformation
T R A N S F O R M AT I O N Network Transformation Average Vehicle Inventory Delivery Time 12 Days 36 35 Days 12 43% 67-75% 20 Days 18 6 3 -4 Days 0 0 Q4 FY25 Q1 FY26E Q4 FY25 Q1 FY26E 12
Slide 14: Registration process transformation: Steadily improving Ops
T R A N S F O R M AT I O N Registration process transformation: Steadily improving Ops 1500 1,436 1,285 1,329 1,031 1,131 1,073 1,266 1125 853 887 779 800 750 698 605 491 507 472 485 375 326 257 272 199 119 180 109 70 86 59 16 0 Feb 1 Feb 4 Feb 7 Feb 10 Feb 13 Feb 16 Feb 19 Feb 22 Feb 25 Feb 28 Mar
Slide 15: Energy Efficiency
T E C H N O L O G Y I N N O VAT I O N & V E R T I C A L I N T E G R AT I O N Gen 3 delivers next level of performance, efficiency, safety, and reliability alongside improved margins 53% increase in 10% increase in 31% reduction Peak Power Energy Efficiency in cost Peak Power (kW) Energy Efficiency 1
Slide 16: Industry leading Gross Margin profile
PAT H T O P R O F I TA B I L I T Y Industry leading Gross Margin profile Auto Gross Margin (%) 30% 24% 21% 21% 21% 19% 18% 8% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25E Q1 FY26E * Provisional, unaudited and includes internal estimates 15
Slide 17: Path to Profitability - Structural efficiency across Operating Expenses
PAT H T O P R O F I TA B I L I T Y Path to Profitability - Structural efficiency across Operating Expenses Expenses Walk (INR Cr) 242 64 73 183 178 32 110 29 25 19 Q3 FY25 Avg Monthly Expenses Q3 FY25 Avg Monthly Service & Headcount Network Network Q1 FY26E Avg Monthly Expenses Q1 FY26E Avg Monthly
Slide 18: Ola Gigafactory: Developing in-house cell manufacturing capabilities
CELL Ola Gigafactory: Developing in-house cell manufacturing capabilities Built for fungibility across Cell chemistries Gigafactory Update Phase 1(a) Phase 1(b) Phase 2 Further Phases • Cell trial production reached a milestone with >51k cells manufactured • Module level testing for the integration
Slide 19: Thank You
Thank You OLA ELECTRIC
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