Ola Electric’s Business Head for Cell Vishal Chaturvedi resigns; says, 'This decision was taken due to...'

Bhavish Aggarwal-led EV maker Ola Electric Mobility has disclosed the resignation of Vishal Chaturvedi, business head for cell operations and a designated senior management personnel.

In a regulatory filing to stock exchanges, Ola Electric Mobility said Chaturvedi stepped down with effect from the close of business hours on December 31, 2025, citing personal commitments.

The disclosure was made in accordance with the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015, along with a November 2024 SEBI circular governing senior management disclosures. The company also enclosed a copy of Chaturvedi’s resignation letter with the filing.

In his resignation letter, Chaturvedi said the decision was taken due to personal commitments and added that he was stepping down “with the highest respect and appreciation for the organisation.”

“I am writing to formally resign from my position as Business Head - Cell with effect from the close of business hours on! December 31, 2025 It has been a fulfilling journey, and I am sincerely grateful for the trust, guidance, and opportunities extended to me during! my tenure with the Company. The collaboration and support received from colleagues, stakeholders, and the leadership team have been truly enriching! and professionally rewarding. This decision has been taken due to personal commitments, and I step down with the highest respect and appreciation for! the organization. I extend my best wishes to Ola Electric for continued success and excellence in the years ahead,” the letter read.

Ola Electric has not announced a successor or interim replacement.

Chaturvedi joined Ola Electric in 2022 and was responsible for overseeing the cell division, a critical vertical as the company builds out its battery and cell manufacturing capabilities. The cell business is central to Ola Electric’s vertical integration strategy and its efforts to improve cost structures and long-term margins.

The company has been scaling the use of its indigenously developed 4680 Bharat Cell across select scooter and motorcycle models. As part of this push, Ola Electric recently received government certification under Central Motor Vehicle Rules norms for its Roadster X+ electric motorcycle, which is powered by the 4680 Bharat Cell battery pack. The certification clears the way for the company to begin deliveries and supports a broader rollout of its in-house cell technology.

Ola Electric has also benefited from government incentives linked to its localisation and manufacturing initiatives. For the financial year ended March 2025, the company secured Rs 366.78 crore under the production linked Incentive (PLI) Scheme for automobiles and auto components.