Ola Electric
- 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…
- Automobile
Ola Electric launches new e-scooter for introductory price of Rs 79,999
Bengaluru: Ola Electric on Saturday launched an all-new Ola S1 Air electric scooter at a special introductory price of Rs 79,999. The e-scooter weighs 99 kgs and claims to deliver top speed…
- Automobile
EV maker Ather Energy reportedly raising up to $250 mn to march past rivals
New Delhi: Electric scooter manufacturer Ather Energy is reportedly raising up to $250 million in a new funding round, as the debate on EV fires appears to be finally settling with no…
- Technology
Now Ola Electric’s battery unit head Ashok Saraswat moves on
New Delhi: There is no stopping resignations of senior executives at Ola Electric and now, its head of advanced battery engineering, Ashok Saraswat, has moved on. Saraswat, who joined SoftBank-backed Ola last…
- Automobile
Only 1% Indians plan to buy e-scooters in next 6 months, safety top concern
New Delhi: As the government probes multiple fires in electric two-wheelers, only 1 percent household consumers plan to buy an e-scooter in the next six months amid safety and performance concerns, a…
- Automobile
Bhavish Aggarwal unveils Ola electric car with 500 km range
New Delhi: Ola Founder and CEO Bhavish Aggarwal on Monday shifted gears and entered a new territory by showcasing a homegrown electric car that will arrive in the country by 2024. Aggarwal…
- Automobile
Hero Electric sells close to 9K EV 2-wheelers in July, tops segment
New Delhi: Hero Electric led the EV two-wheeler segment, selling 8,952 vehicles for the entire month, followed by Okinawa Autotech at 8,094 vehicles, the latest VAHAN data has revealed. Ather Energy sold…
- Automobile
Ather Energy, Ola Electric see sharpest drop in EV 2-wheeler sales in July
New Delhi: Hero Electric has piped Okinawa Autotech, Ola Electric and Ather Energy in selling maximum number of EV two-wheelers in the month of July, with Ather Energy and Ola Electric suffering…
- Technology
Ola Electric unveils lithium-ion cell, to begin mass production by 2023
Bengaluru: Ola Electric on Tuesday unveiled an indigenously developed lithium-ion cell — NMC 2170 — and the company will begin the mass production of its cell from its upcoming Gigafactory by 2023.…
- Technology
Another senior Ola executive quits amid several resignations
New Delhi: Shikharr Sood, the head of Ola’s Talent Acquisition, and in charge of talent acquisition for the entire Ola Group, is now reportedly the latest executive to leave the firm. His…
- Technology
Now Ola Electric’s charging network head quits
New Delhi: There is no stopping resignations at Ola Electric and now, Yashwant Kumar, who is Senior Director and Business Head for Charging Networks at the company, has decided to move on.…
- Automobile
Okinawa pips Ola Electric to become No 1 electric 2-wheeler brand
New Delhi: Despite the incidents of fire, electric two-wheeler manufacturer Okinawa Autotech has overtaken Ola Electric to become India’s top electric two-wheeler brand. According to the Federation of Automobile Dealers Associations (FADA),…
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