Ola Electric shares climb 6% following the launch of 2 affordable electric scooters

Ola Electric shares are in focus following the launch of two new affordable electric scooter ranges, the S1 Z and Gig, starting at Rs 39,000. The scooters feature removable batteries and are aimed at urban commuters and gig workers. Deliveries will begin in April 2025. Ola's shares rose 5.7%, despite a 41% decline over the past three months, with a market cap of Rs 32,406 crore.