SoftBank to make ‘thoughtful, gradual’ exit from Ola Electric, says ...
10 hours ago · SoftBank will pare down its positions in OLA Electric over time and make a thoughtful and gradual exit, Sumer Juneja, managing partner for India and EMEA at SoftBank said on November 13 in an exclusive interaction with CNBC-TV18. When asked if SoftBank would partially get out of Ola Electric once the lock-in period ends in six months or if it ...
Ola Electric close to achieving profitability, says CEO Bhavish …
2 days ago · In the second quarter of FY25, Ola Electric posted a net loss of ₹495 crore, down from ₹524 crore in the same quarter last year. However, the company's revenue jumped significantly by 39.1% ...
Ola Electric Share Price: Ola Electric shares in focus after Q2 net ...
2 days ago · Ola Electric Share Price: Ola Electric reported a smaller loss for the September quarter compared to the same period last year. Revenue grew by 39% year-on-year, driven by strong sales of electric scooters. The company delivered more than 98,000 electric scooters during the quarter. Ola Electric is expanding its distribution network and aims to have 2,000 stores by March 2025.
Ola Electric IPO: Ola Electric Q2 performance better on year, but ...
5 days ago · Electric two-wheeler maker Ola Electric on Friday reported a 39% year-on-year increase in operating revenue at Rs 1,214 crore for the July-September period. Its net loss during the second quarter narrowed to Rs 495 crore from Rs 524 crore a year earlier. On a sequential basis, however, revenue fell 26% and net loss widened.
News And Events - Ola Electric
Ola Electric launches new e-scooter, introduces 8-year extended battery warranty across range
Ola Electric sells over 50,000 units, registers 41,605 units in Oct
Nov 1, 2024 · Ola Electric offers an expansive S1 portfolio with six offerings across attractive price points catering to customers with different range requirements. While the premium offerings S1 Pro and S1 Air are priced at Rs 1,34,999 and Rs 1,07,499, respectively, the mass market offerings include S1 X portfolio (2 kWh, 3 kWh, and 4 kWh) priced at Rs ...
Ola signs PLI agreement with Ministry of Heavy ... - Ola Electric
Ola Electric will begin mass production for lithium ion-cells by 2023. Ola Electric, India’s largest EV company has today signed the agreement under the Production Linked Incentive (PLI) scheme by the Government of India to manufacture advanced cells in India.
Ola Electric surges 20% in India’s biggest listing in two years
Aug 8, 2024 · Ola Electric, India’s largest electric two-wheeler maker, surged by 20% on its public debut on Friday, making it the biggest listing among Indian firms in two years.
Ola registers over 400% Y-o-Y growth in August ... - Ola Electric
Oct 28, 2022 · Ola Electric has witnessed a tremendous response for its all-new and expanded S1 scooter portfolio with more than 75,000 bookings received within two weeks of its launch. The Ola Futurefactory is operational in all three shifts to …
Ola Electric's plan to revive market position? Bhavish Aggarwal's …
2 days ago · Ola Electric is venturing into new product categories, including the launch of a three-wheeler EV that shares components with its existing S1 scooter series. “The beauty is that it shares the same platform as our S1 in terms of electronics, battery architecture, and powertrain; only the mechanicals are different,” Aggarwal shared with ET.The company is also set to start deliveries of its ...