Ola Electric
- Business
Ola Electric fast-tracks rollout of 4680 Bharat Cell powered vehicles
New Delhi: Ola Electric on Sunday said it has scaled up deliveries of its 4680 Bharat Cell powered S1 Pro+ (5.2 kWh) across Tamil Nadu, Kerala, Telangana, and Karnataka. The company has…
- Business
Ola Electric secures Rs 366.78 cr PLI-Auto incentive for FY25
New Delhi: Ola Electric on Thursday said it has received a sanction order from the Ministry of Heavy Industries for the release of incentives amounting to Rs 366.78 crore under the production-linked…
- India
Ola engineer ends life in Bengaluru, case filed against Bhavish Agarwal
An engineer employed at Ola Electric died by suicide on September 28 in Bengaluru over alleged mental harassment by his superiors. The deceased was identified as K Aravind. In a statement, Ola…
- India
Ola Electric faces regulatory challenges over showroom expansion: Report
Ola Electric Mobility which is expanding its physical showroom presence is experiencing regulatory hurdles. Since 2022, the Bengaluru-based company has opened around 4000 brick-and-mortar locations. However, a recent investigation by Bloomberg News…
- Automobile
Ola Electric misses cell manufacturing deadline at its Gigafactory
New Delhi: As it continues to struggle on various fronts amid job cuts, Ola Electric Mobility has now failed to kick off cell manufacturing at its Gigafactory on time. According to a…
- Automobile
Ola Electric sees dip in VAHAN registrations in Feb
New Delhi: Ola Electric Mobility Limited is expected to see a decline in VAHAN registrations for February and the company’s sales remain steady, according to the company’s exchange filing on Wednesday. The…
- India
Investors lose about Rs 40,000 crore as Ola Electric shares hit all-time low
Mumbai: As shares of Bhavish Aggarwal-led Ola Electric continue to slide, investors have been impacted heavily as approximately Rs 40,000 crore has been wiped out since the company stock’s peak valuation. Once…
- Automobile
Markets regulator SEBI sends notice to Ola Electric
New Delhi: Electric vehicle (EV) company Ola Electric Mobility Limited has received an administrative warning from the markets regulator, the Securities and Exchange Board of India (SEBI), for violating disclosure norms. The…
- Business
Bajaj Auto overtakes Ola Electric as top 2-wheeler EV company
New Delhi: The New Year welcomed a new two-wheeler (2W) EV leader in India as Bajaj Auto overtook Ola Electric in the month of December in terms of market share. According to…
- Technology
Ola Electric set to lay off 500 employees amid controversies, poor results
New Delhi: Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise. The Bhavish Aggarwal-led…
- Hyderabad
Ola ordered to pay Rs 1.73 lakh to Hyderabad man for faulty EV battery
Hyderabad: Ola Electric has been ordered by the District Consumer Disputes Redressal Commission to pay Rs 1.73 lakh to Hyderabad resident K. Sunil Chowdary, following a complaint about negligence related to a…
- India
Centre critically examining Ola Electric’s claims over solving consumer complaints
New Delhi: Despite Ola Electric claiming that it has resolved 99.1 per cent of the 10,644 complaints filed with the Central Consumer Protection Authority (CCPA) regarding its poor after-sales service, the Department…
- India
Ola Electric condemns arson incident at Kalburgi showroom
New Delhi: Ola Electric on Wednesday condemned the act of arson at its brand store in Kalburgi, Karnataka, by an alleged dissatisfied customer. “There has been an incident of arson yesterday at…
- Business
Ola Electric’s market share drops to 31 pc in August, share extends losses
New Delhi: Bhavish Aggarwal-run Ola Electric clocked its lowest monthly sales this year, dropping 34 per cent sequentially to 27,506 units in August, as its market share nosedived further to 31 per…
- Telangana
Ola electric ordered to pay Rs 1.9 lakh to Telangana customer
Hyderabad: Ola Electric Mobility Private Limited has been ordered to pay Rs 1,92,205 to a Telangana customer for delivering a “defective” e-scooter. The order was passed by the District Consumer Disputes Redressal…
