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Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
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Ola Electric Shares Drop Over 7% Amid Insolvency Petition; Hit 52-Week Low
Shares of Ola Electric Mobility Ltd tanked after the firm said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Pvt Ltd.
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Ola Electric Stores See Raids, Seizures on Flouting India Rules
Ola Electric Mobility Ltd.'s shift to 4,000 brick-and-mortar showrooms since 2022 has faced regulatory challenges. A Bloomberg News investigation found that over 95 percent of the 3,400 showrooms analysed lacked trade certificates under India’s Motor Vehicles Act. In response to customer complaints, authorities across states have raided showrooms...
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Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
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Ola Electric's VAHAN Data To Dip Temporarily, Sales To Remain Unaffected
Ola Electric Mobility claims that these negotiations are aimed at improving the efficiency of registration while reducing costs.
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Ola Electric Nosedives 8% Day After Bhavish Aggarwal-Kunal Kamra Spat
The shares of Ola Electric Mobility plunged steeply over 8% this morning, down 43% from its post-listing peak, as complaints about its flagship electric two-wheelers kept flooding social media.
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Ola Electric IPO Allotment Today: Step-By-Step Guide To Check Status
The initial public offering (IPO) of Ola Electric Mobility Ltd, a manufacturer of electric two-wheelers, has concluded. Investors are now awaiting the Ola Electric IPO allotment, which is expected to be finalized on August 7.
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Ola Electric IPO Opens Subscription: Here's Everything You Need To Know
The initial public offer (IPO) of electric vehicle (EV) maker Ola Electric mobility opened for subscription on Friday, August 2.
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Ola Electric Sets IPO Price Band At Rs 72-76, Subscription Opens August 2
Indian electric vehicle (EV) manufacturer Ola Electric Mobility Ltd has announced its initial public offering (IPO) details.
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"Future Of Mobility": Ola CEO Bhavish Aggarwal Shares Video Of Self-Driving Scooter
Ola claims that the Solo is an electric scooter that is traffic-smart, AI-enabled, and completely autonomous
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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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Uber Says Delhi's Plan to Only Allow Electric Bikes May Impact Mobility
Uber Technologies said on Friday that the plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector" and impact the mobility needs of millions. Delhi's plans, part of a new policy to regulate vehicles used by ride-hailing companies like Uber and rival Ola, are...
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Ola Plans To Build World's Largest Electric Vehicle Hub In Tamil Nadu
India's Ola Electric Mobility Pvt. plans to build what it says will be the world's largest electric vehicle hub with an investment of 76.1 billion rupees ($920 million) to localize the supply chain for cleaner transport.
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Ola's Bhavish Aggarwal Doubles Down on EVs to Undercut Elon Musk's Tesla
Ola's Bhavish Aggarwal wants his company Ola Electric Mobility to displace Elon Musk’s Tesla and China’s BYD as the industry leader for electric vehicles by carving out a niche in lower cost designs in India. Aggarwal told Bloomberg he wants to build companies with lasting impact, even if that means rubbing some people the wrong way. He said In...
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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.
-
Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
-
Ola Electric Shares Drop Over 7% Amid Insolvency Petition; Hit 52-Week Low
Shares of Ola Electric Mobility Ltd tanked after the firm said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Pvt Ltd.
-
Ola Electric Stores See Raids, Seizures on Flouting India Rules
Ola Electric Mobility Ltd.'s shift to 4,000 brick-and-mortar showrooms since 2022 has faced regulatory challenges. A Bloomberg News investigation found that over 95 percent of the 3,400 showrooms analysed lacked trade certificates under India’s Motor Vehicles Act. In response to customer complaints, authorities across states have raided showrooms...
-
Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
-
Ola Electric's VAHAN Data To Dip Temporarily, Sales To Remain Unaffected
Ola Electric Mobility claims that these negotiations are aimed at improving the efficiency of registration while reducing costs.
-
Ola Electric Nosedives 8% Day After Bhavish Aggarwal-Kunal Kamra Spat
The shares of Ola Electric Mobility plunged steeply over 8% this morning, down 43% from its post-listing peak, as complaints about its flagship electric two-wheelers kept flooding social media.
-
Ola Electric IPO Allotment Today: Step-By-Step Guide To Check Status
The initial public offering (IPO) of Ola Electric Mobility Ltd, a manufacturer of electric two-wheelers, has concluded. Investors are now awaiting the Ola Electric IPO allotment, which is expected to be finalized on August 7.
-
Ola Electric IPO Opens Subscription: Here's Everything You Need To Know
The initial public offer (IPO) of electric vehicle (EV) maker Ola Electric mobility opened for subscription on Friday, August 2.
-
Ola Electric Sets IPO Price Band At Rs 72-76, Subscription Opens August 2
Indian electric vehicle (EV) manufacturer Ola Electric Mobility Ltd has announced its initial public offering (IPO) details.
-
"Future Of Mobility": Ola CEO Bhavish Aggarwal Shares Video Of Self-Driving Scooter
Ola claims that the Solo is an electric scooter that is traffic-smart, AI-enabled, and completely autonomous
-
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.
-
Uber Says Delhi's Plan to Only Allow Electric Bikes May Impact Mobility
Uber Technologies said on Friday that the plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector" and impact the mobility needs of millions. Delhi's plans, part of a new policy to regulate vehicles used by ride-hailing companies like Uber and rival Ola, are...
-
Ola Plans To Build World's Largest Electric Vehicle Hub In Tamil Nadu
India's Ola Electric Mobility Pvt. plans to build what it says will be the world's largest electric vehicle hub with an investment of 76.1 billion rupees ($920 million) to localize the supply chain for cleaner transport.
-
Ola's Bhavish Aggarwal Doubles Down on EVs to Undercut Elon Musk's Tesla
Ola's Bhavish Aggarwal wants his company Ola Electric Mobility to displace Elon Musk’s Tesla and China’s BYD as the industry leader for electric vehicles by carving out a niche in lower cost designs in India. Aggarwal told Bloomberg he wants to build companies with lasting impact, even if that means rubbing some people the wrong way. He said In...
-
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.
