Ola Electric
- 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…
- 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…
- Business
IPO-bound Ola Electric gets certification for 2nd e-scooter under govt’s PLI scheme
New Delhi: Bhavish Aggarwal-led Ola Electric has received certification for its S1 Pro (Gen-2) electric scooter under the government’s production-linked incentive (PLI) scheme for the automobile and auto component industry. Sources told…
- News
Ola Electric files DRHP with SEBI, aims to raise Rs 5,500 via IPO: Report
New Delhi: Homegrown electric two-wheeler manufacturer Ola Electric has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI), a media report said on…
- Technology
Ola Electric raises Rs 3,200 cr to boost EV biz, build cell manufacturing factory
Bengaluru: Ola Electric on Thursday announced it has closed Rs 3,200 crore in funding as part of its equity and debt round from Temasek-led investors and project debt from the State Bank…
- Business
Ather Energy, Ola Electric see lukewarm response from investors: Report
New Delhi: Despite gaining significant market shares, Indian electric two-wheeler (E2W) market leaders like Ola Electric and Ather Energy are witnessing a lukewarm response from investors amid heavy losses and regulatory uncertainties,…
- Technology
Ola Electric launches entry-level e-scooter; Check price, features
New Delhi: Ola Electric on Tuesday launched its new entry-level electric scooter S1X with an introductory price of Rs 79,999 as it accelerates its challenge to conventional engine counterparts. The company also…
- Business
IPO-bound Ola Electric recorded operating loss of $136 mn in FY23: Report
New Delhi: IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed…