Business
Future Holds Good For OLA Electric , Report By Goldman Sachs Gives Hints
Ola Electric expects relatively low disruption from rare earth shortages and could gain market share in the near term as a result, Goldman Sachs stated.
Ola Electric could gain market share in the near term with relatively less disruption expected due to rare earth magnets shortage, according to a report by Goldman Sachs.
The company has successfully developed heavy rare earths (HRE) free motors which are scheduled for production deployment in Q3 FY26.
Ola Electric expects relatively low disruption from rare earth shortages and could gain market share in the near term as a result, Goldman Sachs stated.
The company management’s FY26 guidance to sell between 325,000 to 375,000 vehicles and generate revenue of Rs 4,200-4,700 crore in the current fiscal, reflects a conservative yet stable outlook, as the company builds toward breakeven, it stated.
The report also noted that Ola Electric’s momentum on in-house technology development – such as its cost-efficient ABS kit – and its vertical integration in cell manufacturing, is expected to drive structural cost advantages and faster go-to-market execution.