Ola Electric Mobility Limited is an electric vehicle company that was established in 2017. Here, the company mainly manufactures electric vehicles and certain core components for electric vehicles, like battery packs, motors, and vehicle frames, at the Ola Futurefactory.Since August 2021, it has rolled out seven new models and unveiled four. It shipped the Ola S1 Pro, which became the company's first electric model, in December 2021, then delivered the Ola S1 in the subsequent year, then released the Ola S1 Air, the Ola S1 X and, lastly the Ola S1 X+, on August 15, 2023 it unveiled more models of electric as well as various motorbikes from Diamondhead to Roadster as well as the Cruiser.

As of October 31, 2023, the company manages its 'omnichannel distribution network across India, comprising 870 experience centers and 431 service centers (which includes 429 service centers within experience centers) along with Ola Electric's website.Of the total two-wheeler exports from India in FY 2023, almost 75 percent were headed towards Africa, LATAM, and South East Asia, while home supply of E2W was abysmally low.

The business model is based on three scalable platforms: the R&D and technology platform, which has in-house design and development of EV technologies and components; the adaptable production and supply chain platform; and the D2C omnichannel sales platform.The company as of March 31, 2024 has a total number of 959 employees that includes 907 permanent and 52 freelancers with special focus in their work, being devoted to development through research, especially on products, vehicle, software, designing vehicle, and development of the cells.