OLECTRA

| EV Capacity Comes on Stream ⚡🚌

has commenced Phase-I commercial operations at its Greenfield EV manufacturing facility in Seetharampur, Hyderabad, effective December 31, 2025. In Phase-I, the plant begins operations with an annual per-shift capacity of 2,500 electric buses, achieving 50% of the planned per-shift capacity of 5,000 buses per annum. The ramp-up marks a key milestone in scaling domestic EV manufacturing capabilities. The commissioning strengthens Olectra’s position in the electric bus ecosystem, supporting growing demand for clean public transport across states and urban mobility programs. Olectra Greentech operates across composite polymer insulators and electric buses, aligning its business with India’s broader push toward sustainable mobility. Capacity unlocked. Execution underway. ⚡