Ola Electric to launch Roadster X electric motorcycle today: Specs and price
1 month, 2 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, OTA updates, digital key unlock, and Ola Electric App connectivity. Ola Electric Founder Bhavish Aggarwal unveiled three models including the Roadster X, the Roadster, and the Roadster Pro on August 15 last year.

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History of this topic

Ola Electric under scrutiny over mismatching sales and registration data: Report
23 hours, 32 minutes 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 announces Holi flash sale, with discounts up to ₹26,750 on the S1 Air
1 week, 1 day 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 Electric claims cost reduction program will save ₹90 crore a month, achieve EBITDA break even for next quarter
1 week, 2 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
2 weeks, 1 day 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
2 weeks, 2 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
2 weeks, 4 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 …

Explained: Why Ola Electric shares fell over 5% to hit 52-week low today
Top News
2 weeks, 4 days ago

Explained: Why Ola Electric shares fell over 5% to hit 52-week low today

India Today  

Ola Electric Mobility shares took a beating on Monday, sinking over 5% to a new record low. The latest fall comes after a report claimed that Ola Electric is gearing up to fire 1,000 employees to cut down on losses. The news pushed Ola Electric’s stock down to its 52-week low of Rs 54. Ola Electric is also trying to …

Ola Electric to lay off over a thousand employees amid declining sales
2 weeks, 4 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
2 weeks, 4 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.
2 weeks, 6 days 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 Mobility share price hits 52-week low after THIS Vahan portal registration update
1 month ago

Ola Electric Mobility share price hits 52-week low after THIS Vahan portal registration update

Live Mint  

Stock Market Today: Ola Electric Mobility share price hits 52-week low during the morning trades on Wednesday. The same was after the Vahan portal registration update Ola Electric Mobility share price movement Ola Electric Mobility share price opened at ₹59.34 on the BSE on Wednesday, lower than the previous days close of ₹60.34. The Ola Electric Mobility share price thereafter …

Ola Electric needs to sell 50,000 EVs a month to be profitable: Bhavish Aggarwal
1 month, 1 week 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, 2 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, 2 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, 2 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, 2 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 Roadster X series of electric motorcycles launched in India at Rs 74,999
1 month, 2 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, 2 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, 2 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, 2 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, 3 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 …

Ola Electric to unveil Gen 3 electric scooter today
1 month, 3 weeks ago

Ola Electric to unveil Gen 3 electric scooter today

Hindustan Times  

Ola Electric Mobility Ltd will be unveiling its third generation electric scooters on January 31, 2025, the company's founder Bhavish Aggarwal announced. 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 Bengaluru-based EV scooter maker expects the new platform to bring in around 20 …

Ola Electric stock bounces back with 4.5% gain after 3-day slump, still down 15% in January
Trending News
2 months, 1 week ago

Ola Electric stock bounces back with 4.5% gain after 3-day slump, still down 15% in January

Live Mint  

Shares of Ola Electric Mobility, India's leading two-wheeler electric vehicle manufacturer, staged a strong rebound in trade on Tuesday, January 14, ending their three-day losing streak. Ola Electric share price opened today’s session at ₹71.50 apiece and continued to surge, reaching a day’s high of ₹73.46—a 4.61% gain compared to the previous closing price of ₹70.18. In a letter shared …

Will Ola Electric Mobility's motorcycle bet pay off?
2 months, 2 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
2 months, 3 weeks 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
2 months, 3 weeks 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 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 toh Ola hai, Chetak shola hai’: Rajiv Bajaj takes dig at Ola Electric
3 months, 1 week ago

‘Ola toh Ola hai, Chetak shola hai’: Rajiv Bajaj takes dig at Ola Electric

Live Mint  

Bajaj Auto's Chief Executive Officer Rajiv Bajaj took a swipe at rival Ola on Saturday, December 7, noting that the Bajaj Chetak was now the largest-selling EV scooter in India. So, the award could not be better timed,” Bajaj told CNBC-TV18 during the award ceremony Market share battle Ola Electric led the electric two-wheeler market with close to 24.5 per …

Why Ola Electric share price jumped today? 3 factors behind strong rally
3 months, 2 weeks ago

Why Ola Electric share price jumped today? 3 factors behind strong rally

India Today  

Shares of Ola Electric Mobility extended their winning streak on Tuesday, rising nearly 7% in intraday trade to touch Rs 101.42 on the Bombay Stock Exchange. Over the past five trading sessions, Ola Electric shares have gained nearly 28%, recovering sharply from their 52-week low of Rs 66.60. STORE EXPANSION BOOST Ola Electric's CEO Bhavish Aggarwal has unveiled an ambitious …

OLA Electric stock rebounds 15% from day’s low amid aggressive store expansion push—details here
3 months, 2 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, 2 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, 2 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
3 months, 3 weeks 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?
3 months, 3 weeks 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
3 months, 3 weeks 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
3 months, 3 weeks 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 S1 Z and Gig range launched in India: Check price, features and more
Trending News
3 months, 3 weeks 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
3 months, 3 weeks 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
3 months, 3 weeks 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, 1 week 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, 1 week 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 …

Ola Electric's BOSS 72-Hour Rush: Big Discounts on S1 Series, Up to ₹25,xxx Off
5 months, 1 week 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.

Bajaj's aggressive push threatens Ola's EV dominance as share slips below 30%
5 months, 2 weeks ago

Bajaj's aggressive push threatens Ola's EV dominance as share slips below 30%

Live Mint  

Bajaj Auto, a ‘legacy’ two-wheeler maker once far behind the EV race where Ola Electric and other startups were shaping the market, has nearly doubled its market share since the start of the fiscal in April. Bajaj has positioned itself to challenge the market leader Ola Electric, whose grip on the market slipped to a precarious 27% in September 2024, …

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

Stock market news: Ola Electric share price jumps 70% within three days of stock listing. More steam left?
7 months, 1 week ago

Stock market news: Ola Electric share price jumps 70% within three days of stock listing. More steam left?

Live Mint  

Stock market news: Ola Electric share price has been ascending continuously after listing on Dalal Street on Friday last week. Though Ola Electric share price had a flat listing, the stock has witnessed strong buying since listing. Ola Electric share price today opened upside and touched an intraday high of ₹129.40 apiece on the NSE, registering around a 70 percent …

EV two and three-wheeler EMPS subsidies extended to September 30 and outlay increased
7 months, 3 weeks ago

EV two and three-wheeler EMPS subsidies extended to September 30 and outlay increased

Hindustan Times  

The central government has extended the 'Electric Mobility Promotion Scheme 2024' by two months, till September 30, 2024, according to a statement from the Ministry of Heavy Industries, which added that the total outlay for the scheme has also now been increased to ₹778 crore from ₹500 crore earlier. Ola Electric is India's bestselling two-wheeler EV brand {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

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

Ola Electric may set valuation at around $4.5 billion for IPO: Report
8 months ago

Ola Electric may set valuation at around $4.5 billion for IPO: Report

Hindustan Times  

Ola Electric is likely to value the company at around $4.5 billion for its upcoming initial public offering, it was reported. Ola Electric IPO: Ola Electric received official approval from market regulator Securities Exchange Board of India for its initial public offering. Earlier it was reported that Ola Electric received official approval from market regulator Securities Exchange Board of India …

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