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Ola Electric Receives Rs 73.7 Crore Incentive Under PLI Scheme
Ola Electric has received a sum of Rs 73.74 crore under the PLI scheme from the Government of India, the Ministry of Heavy Industries.
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Key Government Agency To Probe Ola Electric Over Product Issues
India's top product certification agency will investigate e-scooter maker Ola Electric's deficiency in service standards and product issues, India's consumer affairs secretary told Reuters on Thursday.
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Amid Row With Kunal Kamra, Ola Claims 99% Customer Problems Resolved
The Central Consumer Protection Authority (CCPA) seeked a response from Ola Electric about more than 10,000 complaints.
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Ola Electric Suspends Car Launch Plans, Wants To Focus On Scooters, Bikes: Report
IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.
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Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024
Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.
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Ola Electric to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries: Details
Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...
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Ola's Bhavish Aggarwal Challenges Elon Musk With Ultra-Cheap Electric Cars
Bhavish Aggarwal wants his Ola Electric Mobility Pvt Ltd to displace Elon Musk's Tesla Inc and China's BYD Coas the industry leader for electric vehicles by carving out a niche in lower cost designs.
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Ola's First Electric Car May Come as a Premium Offering, Could Be Priced Between Rs. 40 to 50 Lakh
Ola Electric will launch its first electric car in 2024. Ahead of the launch, Ola CEO Bhavish Aggarwal has reportedly confirmed the price range of the upcoming EV. It could be between Rs. 40-50 lakh. The electric four-wheeler will go from 0-100kmph within 4 seconds and will have a range of over 500km on a single charge.
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Ola S1 Electric Scooter With 101km Range Launched in India, Electric Car to Debut in 2024
Ola S1 was launched in India on Monday. The scooter was first announced last year, and features a top speed of 95kmph. It features a battery capacity of 3KWh and has a range of 101km in normal range. The company will also launch its first electric car in 2024, which will go from 0-100kmph in 4 seconds and offer a range of 500km on a single charge.
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Will Ola Announce An Electric Car On Independence Day? CEO Drops A Hint
Ola founder and CEO Bhavish Aggarwal today hinted that the company's next product would be a car.
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BluSmart Close to Raising $250 Million From Investors Including BP Ventures, CEO Says
Ride hailing firm BluSmart is close to raising $250 million (roughly Rs. 2.000 crore) in funding and is expecting to finalise deals with impact funds and private equity investors within the next two months, according to the company’s CEO. The funds will come from BP Ventures, the venture capital arm of BP and global investors based out of the US ...
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Ola Lays Off Nearly 500 Employees Amid Funding Issues - Report
Ola has reportedly laid off nearly 500 employees on a performance basis across various departments and limited their operations because of ongoing funding issues.
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Ola Electric Chief Says E-Scooter Fires Rare But Can Happen In Future
Ola's e-scooter fire was among a spate of similar recent incidents that triggered an uproar on social media and an investigation by the Indian government.
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Ola Shuts Down Used Cars And Quick Commerce Businesses; To Focus On EVs
The company has decided to reorient its used vehicles business Ola cars, less than a year after it was launched
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Ola Electric Teases New Electric Cars During Customer Day At Futurefactory
The teaser video showcased a number of different front and rear end designs suggesting that there could be more than one model.
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Ola Electric Receives Rs 73.7 Crore Incentive Under PLI Scheme
Ola Electric has received a sum of Rs 73.74 crore under the PLI scheme from the Government of India, the Ministry of Heavy Industries.
-
Key Government Agency To Probe Ola Electric Over Product Issues
India's top product certification agency will investigate e-scooter maker Ola Electric's deficiency in service standards and product issues, India's consumer affairs secretary told Reuters on Thursday.
-
Amid Row With Kunal Kamra, Ola Claims 99% Customer Problems Resolved
The Central Consumer Protection Authority (CCPA) seeked a response from Ola Electric about more than 10,000 complaints.
-
Ola Electric Suspends Car Launch Plans, Wants To Focus On Scooters, Bikes: Report
IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.
-
Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024
Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.
-
Ola Electric to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries: Details
Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...
-
Ola's Bhavish Aggarwal Challenges Elon Musk With Ultra-Cheap Electric Cars
Bhavish Aggarwal wants his Ola Electric Mobility Pvt Ltd to displace Elon Musk's Tesla Inc and China's BYD Coas the industry leader for electric vehicles by carving out a niche in lower cost designs.
-
Ola's First Electric Car May Come as a Premium Offering, Could Be Priced Between Rs. 40 to 50 Lakh
Ola Electric will launch its first electric car in 2024. Ahead of the launch, Ola CEO Bhavish Aggarwal has reportedly confirmed the price range of the upcoming EV. It could be between Rs. 40-50 lakh. The electric four-wheeler will go from 0-100kmph within 4 seconds and will have a range of over 500km on a single charge.
-
Ola S1 Electric Scooter With 101km Range Launched in India, Electric Car to Debut in 2024
Ola S1 was launched in India on Monday. The scooter was first announced last year, and features a top speed of 95kmph. It features a battery capacity of 3KWh and has a range of 101km in normal range. The company will also launch its first electric car in 2024, which will go from 0-100kmph in 4 seconds and offer a range of 500km on a single charge.
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Will Ola Announce An Electric Car On Independence Day? CEO Drops A Hint
Ola founder and CEO Bhavish Aggarwal today hinted that the company's next product would be a car.
-
BluSmart Close to Raising $250 Million From Investors Including BP Ventures, CEO Says
Ride hailing firm BluSmart is close to raising $250 million (roughly Rs. 2.000 crore) in funding and is expecting to finalise deals with impact funds and private equity investors within the next two months, according to the company’s CEO. The funds will come from BP Ventures, the venture capital arm of BP and global investors based out of the US ...
-
Ola Lays Off Nearly 500 Employees Amid Funding Issues - Report
Ola has reportedly laid off nearly 500 employees on a performance basis across various departments and limited their operations because of ongoing funding issues.
-
Ola Electric Chief Says E-Scooter Fires Rare But Can Happen In Future
Ola's e-scooter fire was among a spate of similar recent incidents that triggered an uproar on social media and an investigation by the Indian government.
-
Ola Shuts Down Used Cars And Quick Commerce Businesses; To Focus On EVs
The company has decided to reorient its used vehicles business Ola cars, less than a year after it was launched
-
Ola Electric Teases New Electric Cars During Customer Day At Futurefactory
The teaser video showcased a number of different front and rear end designs suggesting that there could be more than one model.
