Ola Electric
OLA ELECTRIC NEWS
From market leader to laggard: Can Ola Electric regain its lead?
March 07, 2025 1:45 pm
Once the undisputed leader in India’s electric two-wheeler market, Ola Electric is now battling plummeting sales, quality concerns, and stiff competition from legacy players. Is its dominance slipping away for good?
Ola Electric cuts 500 jobs across verticals
November 22, 2024 3:41 pm
Ola electric restructuring: Ola Electric is looking to optimise workforce with an aim to improving margins and enhance profitability, said a source.
Trouble for Ola Electric: Top consumer watchdog launches probe into product deficiencies after customer backlash
November 15, 2024 1:45 am
The Central Consumer Protection Authority initiated action after the National Consumer Helpline received 10,644 complaints against Ola Electric from September 1 last year to August 31 this year, an official said.
Ola Electric served show-cause notice by consumer rights authority amid social media backlash
October 08, 2024 4:17 pm
Ola Electric has been given a 15-day deadline to respond to the notice, while its shares continue to plunge.
Ola Electric shares surge 10%; hit upper circuit limit
September 17, 2024 5:58 pm
The stock soared 9.71 per cent to settle at Rs 118.10 on the BSE.
Make-in-India push, EV future: Key remarks from Bhavish Aggarwal amid Ola IPO
August 06, 2024 2:04 pm
Ola CEO Bhavish Aggarwal has continued to bat for made-in-India tech solutions to take on big tech companies.
Ola Electric prices IPO at Rs 72-76 per share, to raise over Rs 6,100 crore
July 30, 2024 12:12 am
The IPO will open on August 2 for subscription and close on August 6. Investors can bid for a minimum of 197 equity shares and in multiples of 197 equity shares thereafter.
Ola Electric raises Rs 3,200 crore to fund EV business
October 26, 2023 4:42 pm
Ola Electric announced the successful closure of the funding round from Temasek-led investors and State Bank of India.
Ola Electric aims for IPO by 2023-end, hires Goldman Sachs, Kotak Mahindra Bank: report
May 25, 2023 2:27 pm
Ola Electric, which makes electric scooters, is backed by investors such as SoftBank Group Corp and Tiger Global Management, and was valued at $5 billion in its last fundraise in 2022.
Ola signs MoU with Tamil Nadu for Rs 7.6k cr investment in EV production
February 19, 2023 1:05 am
The MoU was signed days after the state government had announced an ambitious electric vehicle (EV) policy, aimed at attracting investments of up to Rs 50,000 crore and generating 1.5 lakh jobs in the state.
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