India, Jan. 31 -- Shares of Ola Electric skyrocketed 14.43% in early trade to INR 76.50 apiece on the BSE today (January 31) after the Bhavish Aggarwal-led company launched its Gen 3 escooter series.

The electric mobility company unveiled 8 new escooters across mass and premium segments, built on the advanced Gen 3 platform, claiming it will give a 20% boost to peak power, reduce costs by 11%, and increase range by 20%.

The Gen 3 electric two-wheeler portfolio includes the S1 Pro+, S1 Pro, and the more affordable S1 X and S1 X+ models - all of which sport Ola's latest EV operating system, 'MoveOS 5'.

While the entry-level S1 X with a 2kWh battery is priced at INR 79,999, Ola's flagship Gen 3 S1 Pro+ with a 5.3 kWh battery will set ride...