Ola to launch 3 new electric bikes in India; expected launch, specifications, price and more
2 years, 1 month ago

Ola to launch 3 new electric bikes in India; expected launch, specifications, price and more

India TV News  

Ola to launch 3 new electric bikes in India; expected launch, specifications, price and more The first model will be priced at approximately Rs 1,50,000 and have a range of 174km on a single charge and a top-speed of 110kmph. According to the latest report, the company is planning to launch three new electric bikes in India and here are more details about the upcoming Ola electric-bikes Ola Electric-Bike Price And Features As per the reports, the first e-bike will be the ‘Out of the World’ model, which will be priced at approximately Rs 1,50,000 and have a range of 174km on a single charge and a top-speed of 110kmph. The top-end model will offer a 174km range with 95kmph top at Rs 1,25,000 The Ola Ranger, the most affordable electric bike in the lineup, will be priced between Rs 85,000 and Rs 1,05,000. The range of Ola's premium electric bike lineup is 91 km and the top speed is 93 kmph.

India Bikes Bike Price Electric Ola Speed Range Priced Electric Bikes Expected Launch Three Variants 91 Km 91 Kmph Ola Ranger  range  ranger  rs  price  priced  speed  specifications  bikes  electric  ola  km  bike  91  expected  launch  india

History of this topic

Ola Electric share price on cusp of breakout. Should you buy THIS discounted stock available at 65% below record high?
1 week, 1 day ago

Ola Electric share price on cusp of breakout. Should you buy THIS discounted stock available at 65% below record high?

Live Mint  

Breakout stocks to buy: Ola Electric share price has been hitting the headlines in the last week for bouncing back strongly from its 512-week lows; after hitting a fresh low of ₹46.37 per share on the NSE, Ola Electric share price registered around 15% rally last week. Ola Electric shares are around 26% below its upper price band of ₹76 …

Ola Electric shares jump 6% after clarification on February sales data mismatch
1 week, 2 days ago

Ola Electric shares jump 6% after clarification on February sales data mismatch

Live Mint  

Ola Electric share price surged by 6% following the company's denial of allegations regarding a significant drop in its sales for February 2025, labeling it a "false narrative" and explaining that the temporary delay in registrations is due to ongoing discussions with vendors. As per the exchange filing, Ola Electric announced that daily registrations have surpassed 50 percent of its …

Ola Electric under scrutiny over mismatching sales and registration data: Report
1 week, 3 days ago

Ola Electric under scrutiny over mismatching sales and registration data: Report

Hindustan Times  

Ola Electric is currently facing increased regulatory scrutiny with the Ministry of Heavy Industries seeking details about discrepancies between the its reported sales and actual vehicle registrations. Ola Electric's S1 Air e-scooters are pictured inside its manufacturing facility in Pochampalli in the southern state of Tamil Nadu, August 15, 2023. As part of the probe, Maharashtra RTO officials inspected multiple …

Ola Electric share price falls 4% on reports of regulatory scrutiny over discrepancy in sales data
1 week, 3 days ago

Ola Electric share price falls 4% on reports of regulatory scrutiny over discrepancy in sales data

Live Mint  

Ola Electric share price declined 4% on Thursday on reports of regulatory scrutiny of discrepancies in EV scooter registrations. This discrepancy follows recent regulatory scrutiny faced by Ola Electric, with transport authorities across multiple states taking action due to the absence of valid trade certificates. Ola Electric Stock Price Trend Ola Electric shares have declined 14% in one month and …

Ola Electric shares likely to be in focus today. Here's why
1 week, 3 days ago

Ola Electric shares likely to be in focus today. Here's why

India Today  

Shares of Ola Electric are likely to be in focus on Thursday after a media report indicated that it is facing fresh regulatory scrutiny. Ola Electric claimed it had sold 25,000 EV two-wheelers in February, but only 8,600 have been registered as per the Vahan portal, added the report. The report also added that as part of the investigation, Maharashtra …

Ola Electric share price drops 6% amid insolvency proceedings against subsidiary by Rosmerta Digital Services
Trending News
1 week, 6 days ago

Ola Electric share price drops 6% amid insolvency proceedings against subsidiary by Rosmerta Digital Services

Live Mint  

Ola Electric share price slumped almost 6% during Monday's trading session after Rosmerta Digital Services Ltd, its vehicle registration service provider, announced on Saturday that it intends to initiate insolvency proceedings against Ola's wholly-owned subsidiary, Ola Electric Technologies Pvt Ltd. Rosmerta Digital Services Ltd, which is an operational creditor of Ola Electric Technologies Pvt Ltd, has filed a petition under …

Ola Electric deliveries delayed over price renegotiation with vehicle registration agencies: Report
2 weeks, 2 days ago

Ola Electric deliveries delayed over price renegotiation with vehicle registration agencies: Report

Hindustan Times  

Ola Electric's decision last month to renegotiate contracts with two of India’s largest vehicle registration agencies resulted in delayed deliveries. The waiting period ended up increasing to 20-45 days from 5-7 days before February, according to a Mint report which cited managers at seven Ola Electric stores across New Delhi, Mumbai and Bengaluru as saying. Ola Electric also needs these …

Ola Electric announces Holi flash sale, with discounts up to ₹26,750 on the S1 Air
2 weeks, 3 days ago

Ola Electric announces Holi flash sale, with discounts up to ₹26,750 on the S1 Air

Hindustan Times  

Ola Electric has announced a limited-time Holi flash sale offers for its S1 range of electric scooters. Ola Electric founder Bhavish Aggarwal and design head Kripa Ananthan reveals the Gen 3 electric scooter range Under this, customers can avail discounts of up to ₹26,750 on the S1 Air and ₹22,000 on the S1 X+, with the models now starting at …

Ola S1 range gets offers of up to Rs 26,750 under Holi Flash sale, also Rs 10,500 more benefits
2 weeks, 3 days ago

Ola S1 range gets offers of up to Rs 26,750 under Holi Flash sale, also Rs 10,500 more benefits

India Today  

Electric two-wheeler manufacturer Ola Electric has announced its limited-time Holi flash sale offers for its popular S1 range of electric scooters. The company is also offering discounts of up to Rs 25,000 on the rest of its S1 range, including all the scooters from its latest S1 Gen 3 range. New buyers of the S1 Gen 2 scooters can avail …

Ola Electric claims cost reduction program will save ₹90 crore a month, achieve EBITDA break even for next quarter
2 weeks, 4 days ago

Ola Electric claims cost reduction program will save ₹90 crore a month, achieve EBITDA break even for next quarter

Hindustan Times  

Ola Electric announced on Wednesday that it has successfully finished implementing a company-wide cost cutting program, resulting in savings of ₹90 crore a month. One of the Ola Electric employees seen at the EV maker's assembly line at its facility Futurefactory near Chennai, developing the S1 and S1 Pro electric scooters. Dubbed the Network Transformation and Opex Reduction Program, its …

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives
3 weeks, 3 days ago

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

The Hindu  

Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle manufacturer in India to receive incentives under the Production Linked Incentive Scheme for Automotive and Auto Component. The PLI-Auto Scheme, launched by the Government of India, aims to boost domestic manufacturing in the automotive sector and promote the adoption of …

Ola Electric misses battery production deadline despite PLI ACC scheme support; Stock down 6.8% in last five sessions
Trending News
3 weeks, 5 days ago

Ola Electric misses battery production deadline despite PLI ACC scheme support; Stock down 6.8% in last five sessions

Live Mint  

The Bhavish Aggarwal-led electric vehicle maker Ola Electric Mobility Limited announced on Tuesday, March 4, that it had missed the deadline for the “Programme Agreement” between the Ministry of Heavy Industries and a wholly-owned subsidiary of the automaker. Ola Electric will be the first to commercially manufacture lithium-ion cells in India under the government's ACC PLI scheme, the spokesperson added. …

Ola Electric shares crash 5% to 52-week low amid reports of over 1,000 job cuts by company
3 weeks, 6 days ago

Ola Electric shares crash 5% to 52-week low amid reports of over 1,000 job cuts by company

Live Mint  

Shares of two-wheeler electric vehicle manufacturer Ola Electric crashed 5% to a fresh 52-week low on Monday, March 3, amid reports that Bhavish Aggarwal-led company is looking to lay off over a thousand employees and contract workers to contain losses. This would be the second round of job cuts in under five months by Ola Eletric, which reportedly laid off …

Ola Electric to lay off over a thousand employees amid declining sales
3 weeks, 6 days ago

Ola Electric to lay off over a thousand employees amid declining sales

New Indian Express  

MUMBAI: Electric two-wheeler manufacturer Ola Electric is laying off over a thousand employees and contract workers as part of a cost-cutting measure to address mounting losses. When contacted, an Ola Electric spokesperson said, “We have restructured and automated our front-end operations, delivering improved margins, reduced costs, and enhanced customer experience while eliminating redundant roles for better productivity.” In November last …

Ola Electric likely to cut over 1,000 jobs amid rising losses: Report
Top News
3 weeks, 6 days ago

Ola Electric likely to cut over 1,000 jobs amid rising losses: Report

India Today  

Ola Electric Mobility Ltd is planning to lay off over 1,000 employees and contract workers as the company looks to reduce its growing losses, according to a report by Bloomberg. LOSSES AND MARKET CHALLENGES Ola Electric went public in August 2023 but has faced multiple challenges since then. On March 1, Ola Electric informed Indian stock exchanges that it had …

Ola Electric’s sales plunge in a shrunk market. But its data says otherwise.
1 month ago

Ola Electric’s sales plunge in a shrunk market. But its data says otherwise.

Live Mint  

New Delhi: Ola Electric Technologies Ltd’s monthly registrations fell to a near three-year low in February while its legacy rivals raced to grab a larger share of India’s shrunk electric two-wheeler market. TVS Motor sold 17,605 electric bikes and scooters, claiming a 24.5% market share in February, followed by Ola Electric’s closest new-age rival Ather Energy that registered 11,130 vehicles, …

Ola Electric needs to sell 50,000 EVs a month to be profitable: Bhavish Aggarwal
1 month, 3 weeks ago

Ola Electric needs to sell 50,000 EVs a month to be profitable: Bhavish Aggarwal

Live Mint  

New Delhi: Homegrown electric two-wheeler maker Ola Electric will need to consistently sell 50,000 units every month in order to achieve profitability, its founder and chief executive officer Bhavish Aggarwal said on Friday. Speaking at an analyst call after the company’s December quarter earnings, Aggarwal said that Ola Electric sold 25,000 units in January, with which he claimed that the …

Ola Electric Q3 Results: Net loss widens to ₹564 crore, revenue drops 19% YoY
1 month, 3 weeks ago

Ola Electric Q3 Results: Net loss widens to ₹564 crore, revenue drops 19% YoY

Live Mint  

Ola Electric Q3 Results: Electric two-wheeler maker Ola Electric Mobility on Friday reported a net loss of ₹564 crore for the third quarter of FY25. In the quarter ended September 2024, Ola Electric Mobility posted a net loss of ₹495 crore. In January, we’re back to market leadership with an expected gross margin of approx 26%, up from 20.4% in …

Ola Roadster X Plus Electric Motorcycle Has An Astonishing 501km Range!
1 month, 3 weeks ago

Ola Roadster X Plus Electric Motorcycle Has An Astonishing 501km Range!

ABP News  

Ola has revealed the prices for its Roadster X Plus electric motorcycle in India with a starting price of 1.05 lakh while the top-end version is priced at Rs 1.55 lakh, while these prices are introductory. The Ola Roadster X Plus electric has three riding modes, an LCD dashboard, reverse mode, regenerative braking, single-channel ABS, OTA updates and brake-by-wire. The …

Ola Roadster X electric bike launched in India: Check price, features, range and more
1 month, 3 weeks ago

Ola Roadster X electric bike launched in India: Check price, features, range and more

Live Mint  

Ola Electric has launched its highly anticipated Roadster X, the entry-level model in its new line-up of electric motorcycles. The base model, priced at ₹74,999, is equipped with a 2.5 kWh battery, boasting a claimed range of up to 140 km on a single charge. The top-spec version, priced at ₹95,999, comes with a larger 4.5 kWh battery, offering a …

Ola Electric launches Roadster X and X+ electric motorcycles: Price, specs, features
1 month, 3 weeks ago

Ola Electric launches Roadster X and X+ electric motorcycles: Price, specs, features

Hindustan Times  

Ola Electric Mobility Ltd has launched its new Roadster X and Roadster X+ electric motorcycles on Wednesday. Ola Electric founder Bhavish Aggarwal and head designer Kripa Ananthan unveiled the new Ola Electric motorcycles This comes after the company unveiled its latest Gen 3 S1 electric scooter range on January 31. The new Roadster X comes with 2.5, 3.5, and 4.5 …

Ola Electric to launch Roadster X electric motorcycle today: Specs and price
1 month, 3 weeks ago

Ola Electric to launch Roadster X electric motorcycle today: Specs and price

Hindustan Times  

Ola Electric Mobility Ltd will unveil its Roadster X electric motorcycle on Wednesday at 10:30 am. Ola Electric founder Bhavish Aggarwal initially presented the company's three new bikes on August 15, 2024 This comes after the company unveiled its latest Gen 3 S1 electric scooter range on January 31. It also gets advanced regen, cruise control, DIY Mode, TPMS alerts, …

Ola Roadster X series of electric motorcycles launched in India at Rs 74,999
1 month, 3 weeks ago

Ola Roadster X series of electric motorcycles launched in India at Rs 74,999

India Today  

Electric two-wheeler manufacturer Ola Electric has entered the motorcycle segment by launching the Ola Roadster X series of electric motorcycles. Built on the company's scalable motorcycle platform, the Ola Roadster X series is being introduced at a starting price of Rs 74,999. Roadster X 2.5kWh - Rs 74,999 Roadster X 3.5kWh - Rs 84,999 Roadster X 4.5kWh - Rs 94,999 …

Bhavish Aggarwal to launch Ola Roadster electric bike range tomorrow: Price, features and everything we know so far
Trending News
1 month, 3 weeks ago

Bhavish Aggarwal to launch Ola Roadster electric bike range tomorrow: Price, features and everything we know so far

Live Mint  

Ola Electric is set to launch its highly anticipated Roadster range of electric motorcycles tomorrow. Roadster X The Roadster X features an 11 kW peak motor output and it will be available in three battery options—2.5 kWh, 3.5 kWh, and 4.5 kWh—the highest variant accelerates from 0-40 kmph in 2.8 seconds. This model is anticipated to include a 4.3-inch LCD …

Ola S1 Gen 3 electric scooters launched in India with Dual ABS, chain drive tech and upgraded performance
1 month, 4 weeks ago

Ola S1 Gen 3 electric scooters launched in India with Dual ABS, chain drive tech and upgraded performance

India TV News  

Ola Electric has launched its third-generation S1 electric scooters in India, bringing significant improvements in performance, reliability, and efficiency. Image Source : OLAOla S1 Gen 3 electric scooters Here’s a quick look at the Gen 3 pricing and battery options: Ola S1 Pro+ with 5.3kWh is priced at Rs 1,69,999 Ola S1 Pro+ with 4kWh is priced at Rs 1,54,999 …

Bhavish Aggarwal announces launch of Ola electric bike, says ‘it is going to be much bigger than…’: Watch video
1 month, 4 weeks ago

Bhavish Aggarwal announces launch of Ola electric bike, says ‘it is going to be much bigger than…’: Watch video

Live Mint  

Bhavish Aggarwal has announced the launch of Ola electric bikes. In a post on X, Bhavish Aggarwal mentioned February 5 as the launch date of Ola electric bikes. He posted some more pictures of the Ola electric bikes and said, “Bringing this beauty to our Indiranagar store today! With a new range based on the Gen 3 platform and the …

Ola Electric Gen 3 electric scooter range unveiled: Price, features, range, other details
Trending News
1 month, 4 weeks ago

Ola Electric Gen 3 electric scooter range unveiled: Price, features, range, other details

Hindustan Times  

Ola Electric Mobility Ltd unveiled its new Gen 3 electric scooter range on Friday, January 31, 2025. Ola Electric has also opened 4,000 stores and service centres across India by December 2024, Aggarwal announced during the presentation. Aggarwal also announced that Ola Electric now has a 25 per cent market share in India. At 10:35 am IST shortly before the …

Will Ola Electric Mobility's motorcycle bet pay off?
2 months, 4 weeks ago

Will Ola Electric Mobility's motorcycle bet pay off?

Live Mint  

Ola Electric Mobility Ltd's stock has fallen by nearly 10% after it said on 25 December that it would expand its network to 4,000 outlets from 800 to improve customer service. Even though the current penetration of electric scooters is just about 21.4% in total scooter sales as of September, the fact remains that Ola allowed incumbent internal combustion engine …

Ola Electric Mobility share price rises 5% as firm expands network to 4,000 stores
3 months ago

Ola Electric Mobility share price rises 5% as firm expands network to 4,000 stores

Live Mint  

Ola Electric Mobility share price rose by 5% in morning trade on Thursday, December 26, following the company's announcement of a major expansion to 4,000 stores. Four-fold increase in Ola's network Ola Electric highlighted that it has opened more than 3,200 new stores co-located with service centres, making it India’s largest EV expansion in one go. The expansion by Ola …

Explained: Why Ola Electric share price surged 6% in early trade
3 months ago

Explained: Why Ola Electric share price surged 6% in early trade

India Today  

Ola Electric Mobility's share price gained 6% after it announced a significant expansion of its retail footprint. The company aims to enhance electric vehicle adoption by extending its reach beyond tier-1 and tier-2 cities to smaller towns and tehsils across India. Earlier this month, Ola Electric received a showcause notice from the Central Consumer Protection Authority for additional documents regarding …

Ola Electric store count to touch 4,000 this Christmas; CEO Bhavish Aggarwal eyes presence in ’every town, city, tehsil’
3 months, 1 week ago

Ola Electric store count to touch 4,000 this Christmas; CEO Bhavish Aggarwal eyes presence in ’every town, city, tehsil’

Live Mint  

Ola Electric Mobility has announced that it will expand its stores to 4,000 locations on Christmas, December 25. “Ola Electric is set to expand its sales and service network to 4,000 on December 25th, marking one of the fastest rollouts of EV distribution globally. With 3,200 new stores complementing its existing footprint, Ola Electric is bringing its portfolio of affordable, …

OLA Electric stock rebounds 15% from day’s low amid aggressive store expansion push—details here
3 months, 4 weeks ago

OLA Electric stock rebounds 15% from day’s low amid aggressive store expansion push—details here

Live Mint  

Despite starting today’s trading session on a weak note, falling 7 per cent, OLA Electric shares staged a strong recovery, erasing early losses to trade at ₹93.70 apiece, up 7 per cent from the previous close of ₹87.41. Despite the drop, OLA Electric retained its leadership position in the electric two-wheeler segment, holding a market share of 24.54 per cent …

Explained: Why Ola Electric share price jumped after falling 5% in early trade
3 months, 4 weeks ago

Explained: Why Ola Electric share price jumped after falling 5% in early trade

India Today  

Shares of Ola Electric have recovered sharply after tumbling 5.5% in early trade on Monday, following a sharp 33% drop in November sales to 27,746 units. However, shares of Ola Electric witnessed a sharp recovery at around 11:11 am, trading 3.01% higher at Rs 90.05. Despite the drop in sales, Ola retained its leadership with a 25.09% market share in …

Ola Electric share price jumps over 6% after key update from CEO
3 months, 4 weeks ago

Ola Electric share price jumps over 6% after key update from CEO

India Today  

Shares of Ola Electric surged over 6% on December 2 after CEO Bhavish Aggarwal announced a major expansion plan for the company’s retail presence. At 2:11 pm on December 2, Ola Electric's stock had gained 6.27%, trading at Rs 92.90 per share, with a day high of Rs 93.7. The surge in shares follows a 30% rally over recent trading …

Ola Electric stock extends gains to 5th straight day, jumps another 6% to 7-week high
4 months ago

Ola Electric stock extends gains to 5th straight day, jumps another 6% to 7-week high

Live Mint  

Stock Market Today: Ola Electric share price continued its winning streak for the fifth consecutive session, rising another 6.24% in morning trade on Thursday, November 28, to a seven-week high of ₹93.60 apiece. In another positive development, global brokerage firm Citi Research initiated coverage on Ola Electric stock with a ‘buy’ rating and a target price of ₹90 per share. …

Ola Electric shares continue positive rally, rise above Rs 90. Time to buy?
4 months ago

Ola Electric shares continue positive rally, rise above Rs 90. Time to buy?

India Today  

Ola Electric Mobility Ltd extended its rally on Thursday, with shares rising over 6% to hit a high of Rs 93.60 in early trade. The brokerage had initiated coverage with a 'Buy' rating, citing Ola Electric’s dominance in the Indian electric two-wheeler market and its long-term growth potential. Citi highlighted Ola Electric’s leadership position with a 38% market share in …

Explained: Ola Electric share price jumped 13% today
Trending News
4 months ago

Explained: Ola Electric share price jumped 13% today

India Today  

Shares of Ola Electric Mobility surged on Wednesday, climbing as much as 13% in intraday trading following the announcement of its new range of electric scooters. On November 26, Ola Electric announced the launch of four new electric scooters: Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+, priced at Rs 39,999, Rs 49,999, Rs 59,999, and Rs …

Ola Electric share price jumps 18%: Should you buy now or wait?
Top News
4 months ago

Ola Electric share price jumps 18%: Should you buy now or wait?

India Today  

Shares of Ola Electric Mobility Ltd surged nearly 18% on Wednesday, touching an intraday high of Rs 87.90 before settling at Rs 86.15, a gain of 17.26%. OLA ELECTRIC STOCKS GAIN TODAY The rally in Ola Electric shares followed the company’s announcement of its new electric scooter lineup, which aims to make EVs more accessible across various segments. The newly …

Ola Electric forays into commercial segment with e-scooter priced at Rs 39,999
4 months ago

Ola Electric forays into commercial segment with e-scooter priced at Rs 39,999

Deccan Chronicle  

New Delhi: Ola Electric on Tuesday announced its foray into the commercial segment with the launch of 'Gig' range of scooters with an introductory price of Rs 39,999, targeting gig workers. The company also launched its S1 Z model, a personal-use electric scooter aimed at urban commuters priced at Rs 59,999. "With the launch of the Ola Gig and S1 …

Ola S1 Z and Gig range launched in India: Check price, features and more
Trending News
4 months ago

Ola S1 Z and Gig range launched in India: Check price, features and more

Live Mint  

Ola Electric has launched two new electric scooter ranges, the Ola S1 Z and Ola Gig, aimed at gig workers and urban commuters. Key Features and Pricing The Ola S1 Z series, which includes the S1 Z and S1 Z+ models, is priced at ₹59,999 and ₹64,999, respectively. These scooters are equipped with two 1.5 kWh swappable battery packs, delivering …

Ola Electric layoffs: 500 employees likely to lose jobs amid restructuring
4 months, 1 week ago

Ola Electric layoffs: 500 employees likely to lose jobs amid restructuring

India Today  

Ola Electric is reportedly preparing for a restructuring drive that could impact over 500 employees, representing more than 12% of its 4,000-strong workforce, reported Business Standard. In its first post-IPO financial results for Q2 FY25, Ola Electric reported a 38.5% year-on-year revenue growth to Rs 1,240 crore, primarily driven by a 73.6% increase in deliveries. Ola Electric’s network of 782 …

Ola Electric laying off 500 employees in restructuring move
Trending News
4 months, 1 week ago

Ola Electric laying off 500 employees in restructuring move

Live Mint  

Electric two-wheeler maker Ola Electric is set to let go of nearly 500 employees across teams as part of a restructuring exercise to improve margins and profitability prospects, a person in the know of the matter told Mint. The development comes months after Ola Electric’s sister company Ola Consumer, formerly Ola Cabs, announced a restructuring exercise in April that would …

Ola Electric to launch new EVs every quarter, expand store network to 2,000 by 2025
4 months, 3 weeks ago

Ola Electric to launch new EVs every quarter, expand store network to 2,000 by 2025

New Indian Express  

MUMBAI: Ola Electric, India’s largest electric two-wheeler manufacturer, is ramping up its expansion efforts with plans to launch one new product every quarter and increase its company-owned stores to 2,000 by March 2025. “Over the next two years, we will be launching 20 products, with at least one new product launch every quarter,” stated Ola Electric in its latest investor …

Ola Electric Q2 Results: Firm posts net loss of ₹495 crore; revenue rises 39% y-o-y
4 months, 3 weeks ago

Ola Electric Q2 Results: Firm posts net loss of ₹495 crore; revenue rises 39% y-o-y

Live Mint  

Electric two-wheeler maker Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter on Friday, November 8. The loss narrowed from ₹524 crore a year earlier, but widened over ₹347 crore in the June 2024 quarter. In an earnings call with investors after the results, Ola Electric CEO Bhavish Aggarwal said the company was …

e Vitara to electrify Maruti's EV dream in India
4 months, 3 weeks ago

e Vitara to electrify Maruti's EV dream in India

India Today  

The e Vitara, Suzuki Motor Corporation's first battery electric vehicle model, has been revealed in Milan, Italy. Although the e Vitara will power Maruti's EV dream in India, almost 50% of the total units produced will be exported to Europe and Japan. The e Vitara is based on the eVX concept model, which made its global debut at Auto Expo …

Ola Electric's BOSS 72-Hour Rush: Big Discounts on S1 Series, Up to ₹25,xxx Off
5 months, 2 weeks ago

Ola Electric's BOSS 72-Hour Rush: Big Discounts on S1 Series, Up to ₹25,xxx Off

Live Mint  

Ola Electric's 72-hour sale offers significant discounts on its S1 series of electric scooters. The S1 X 2kWh model can be purchased for as low as ₹49,999, with other models available at attractive prices. The sale also includes exclusive perks such as an 8-year battery warranty, financing options, and a complimentary MoveOS+ software upgrade.

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies report
6 months, 2 weeks ago

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies report

The Hindu  

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that their share will rise to upwards of 13% by 2026-27, investment banking company Jefferies asserted in a report. "We currently assume a share of E2Ws rising from 5% in FY24 to 7% /10% /13% in FY25E/FY26E/FY27E, although we now see a downside …

Ola Electric Mobility losses widen to ₹347 crore in Q1 2024-25
7 months, 2 weeks ago

Ola Electric Mobility losses widen to ₹347 crore in Q1 2024-25

Hindustan Times  

Ola Electric Mobility on Wednesday reported a higher consolidated loss of ₹347 crore for the April-June quarter compared to the year-ago period. Bhavish Aggarwal, CEO of Ola Cabs, and founder of Ola Electric, speaks during a press conference ahead of the company's IPO launch in Mumbai. The quarter witnessed the highest-ever deliveries of vehicles by the company at 1,25,198 units …

Ola Electric Mobility IPO: Shares Make Flat Debut At Rs 76, Surge 11% Post-Listing
7 months, 3 weeks ago

Ola Electric Mobility IPO: Shares Make Flat Debut At Rs 76, Surge 11% Post-Listing

ABP News  

Ola Electric IPO: Shares of Ola Electric Mobility Ltd made their stock market debut on a flat note on Friday, with the stock listing marginally lower than its issue price of Rs 76. Ola Electric's Rs 6,145-crore Initial Public Offering was highly successful, with the offer being oversubscribed 4.27 times on the final day of bidding. The IPO, the first …

Ola Electric Eyes Lower Valuation of $4.5 Billion for IPO: Report
8 months, 1 week ago

Ola Electric Eyes Lower Valuation of $4.5 Billion for IPO: Report

News 18  

SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its initial public offering, around 16%-20% lower than the valuation at its last funding round, two sources told Reuters. The Indian markets regulator in June approved Ola’s $660 million stock market listing, the first IPO by an EV maker in India and set …

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