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Ola gets govt nod for motors free of rare-earth magnets
Business Standard
|October 07, 2025
Ola Electric has received government certification for a motorthat eliminates rare-earth magnets in electric scooters, potentially reducing costs and supply-chain dependence for India’s largest electric two-wheeler manufacturer.
Ola Electric has received government certification for a motor that eliminates rare-earth magnets in electric scooters, potentially reducing costs and supply-chain dependence for India's largest electric twowheeler manufacturer.
The ferrite motor, developed in-house and certified by a Tamil Nadu testing facility, matched the performance of conventional rare-earth permanent magnet motors in government-mandated tests.
The firm plans to integrate the technology across its product lineup, addressing cost and sourcing challenges that have constrained electric vehicle (EV) adoption in pricesensitive Indian markets.
This story is from the October 07, 2025 edition of Business Standard.
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