Ola Electric has received government certification for its rare-earth-free ferrite motor. The company stated that it has become the first two-wheeler EV manufacturer to receive such certification for its in-house developed motors.
The electric scooter company said that its breakthrough eliminates reliance on imported rare-earth motors with permanent magnets. This certification was awarded to Ola Electric by the Global Automotive Research Centre in Tamil Nadu after mandatory motor power tests as per AIS 041 notification of the Road and Transport Ministry.
Ola Motor specifications
Ola Electric said that the ferrite motor delivers efficiency, performance, and durability on par with rare-earth permanent magnet motors, while significantly lowering costs and mitigating supply chain fluctuations. The company first introduced its ferrite motor at its annual ‘Sankalp 2025’ event in August this year.
Furthermore, the company stated that the tests demonstrated that its ferrite motor’s performance matched that of motors with rare-earth permanent magnet motors in terms of net power for the 7kW and 11kW variants.
Ola Electric stated that after obtaining certification, it will begin integrating the ferrite motor across its product lineup to further enhance performance, affordability, and sustainability for consumers.
Ola Electric share price
On Monday, the Ola Electric share price was down 1.8 per cent in intra-day trade. In the past month, Ola Electric’s stock has lost 11.9 per cent.