Ola Electric shares hit Rs 44.18 on June 23, rebounding sharply from lows, after its arm won BIS certification for a locally built 46100 cell.

The certified cell is called the LFP 46100. It was developed by Ola Cell Technologies, a wholly owned arm of Ola Electric.

The Bureau of Indian Standards granted it approval under IS 16046 (Part 2):2018, which is India’s equivalent of the internationally recognised IEC 62133-2:2017 safety standard for battery cells.

In addition to the BIS nod, the cell successfully qualified under IS 16893 Parts 2 and 3 and UN 38.3 standards. Ola Electric is the first Indian company to receive this certification for an indigenously developed cell in the 46100 format.

That is not a minor distinction. Getting a battery cell certified in India requires passing a battery of tests at an NABL-accredited lab, covering everything from thermal stress and short circuits to crush, free-fall and vibration. The 46100 cleared all of them.

What makes this cell interesting beyond the regulatory stamp is what it can actually do. It stores over 170 Wh/kg of energy and is being built to last more than 4,000 charge-discharge cycles.

For context, most EV batteries in this segment are rated for 1,000-2,000 cycles. The cell can be used in electric vehicles as well as in stationary energy storage systems.

This certification sits alongside the company’s existing NMC 4680 Bharat Cell, which is already powering thousands of vehicles on Indian roads.

Both the NMC and LFP variants are being developed on a common 46-series architecture at the Ola Gigafactory, which reduces tooling complexity and supports scale.

An Ola Electric spokesperson said the certification ‘reflects the strength of our R&D, engineering, and manufacturing capabilities, while reinforcing our commitment to developing world-class battery technologies in India.’

Ola Electric closed at Rs 43.63 on NSE on 23 June, up 2.61% on the day. The stock has gained over 21% in the past month and is up nearly 16.5% so far in 2026, though it remains below its 52-week high of Rs 71.25 after recovering from a low of Rs 22.25.

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