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Ola Electric

Loss making Ola Electric to raise $734 million via IPO

Indian e-scooter maker Ola Electric is aiming to raise $734 million in the first IPO by an Indian electric vehicle maker. Ola Electric has reported revenue...

Ola Electric Registers 115% Increase in EV Business in FY24

Ola Electric, a prominent player in the electric vehicle (EV) industry, has announced a staggering growth of 115 percent in the fiscal year 2023-24...

Ola Electric Adjusts Sales Goals Amidst Government Incentive Reductions

Ola Electric, a frontrunner in India’s burgeoning e-scooter market, has made significant revisions to its sales targets for the upcoming years, slashing projected figures...

Ola Electric Secures INR 3,200 Crore in Funding for EV Expansion and Lithium-ion Cell Manufacturing Facility

Ola Electric, a pioneering name in the Indian electric vehicle (EV) sector, has successfully concluded a significant funding round, amassing a staggering INR 3,200...

Ola to set up electic cars and lithium ion cells plant in Tamil Nadu

Ola Electric Mobility has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest Rs 7,614 crore to make EV cars...

Ola Electric opens 14 new experience centers in India

Ola Electric has opened 14 new experience centers across 11 cities in India. Ola Electric has opened 3 centers in Bengaluru, two in Pune and...

Ola Electric to start manufacturing electric cars in 2024

Ola Electric, backed by Japan’s Softbank Group as a major investor, said its plans to start manufacturing electric cars in India in 2024. Ola, India’s...

Ola Electric targets 4,000 EV charging points in 2022

Ola Electric is planning to install more than 4,000 charging points for its electric scooters across cities in next year. In a tweet, Bhavish Aggarwal,...