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Ola Electric's Q2 Loss Narrows, Says Most Service Issues 'Minor'
Ola Electric on Friday reported a narrower loss for the second quarter, attributing this to a significant increase in sales. The company also claimed that the recent rise in service requests primarily concerned "minor issues." Between July and September, Ola Electric delivered a total of 98,619 two-wheelers, marking a 73.6 percent increase from the...
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Kunal Kamra Accepts Bhavish Aggarwal's 'Join Ola' Offer But With Conditions
In a post on X, where their debate initially began earlier this month, Mr Kamra said he has "no choice" but to accept Mr Aggarwal's offer to work with OLA.
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"Sit Quiet": Bhavish Aggarwal As Kunal Kamra Flags Ola EV Issue
The argument between Bhavish Aggarwal and Kunal Kamra began when the comedian posted an image showing a large number of EV scooters being parked at an Ola service centre.
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Ola Electric's Dominance Fades as Country's E-Scooter Battle Intensifies
Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month.
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"Worst EV": Frustrated Bengaluru Woman Uses Placard Urging Public To Avoid Ola Electric Scooter
Ms Gowri shared a photo of her scooter with a sign that read, "Dear Kannadigas, Ola is a useless two-wheeler. Please do not buy an Ola Electric scooter."
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Ola S1 X Now Gets PLI Certification In India
Two variants of the Ola S1 X - the 3kWh and the 4 kWh models, have been granted PLI certification in India.
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Ola Electric Roadster Series EV Bikes Unveiled in India: All You Need to Know
Ola Electric took the wraps off its latest range of electric two-wheelers dubbed the Roadster series in India at its Sankalp 2024 event on August 15. The event, held at the company’s new FutureFactory in Tamil Nadu, saw the debut of three new electric vehicle (EV) bikes: Roadster Pro, Roadster X, and Roadster.
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Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
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Ola Electric Bike to Launch in India on August 15: Everything We Know so Far
Ola Electric bike is scheduled to launch in India on August 15 at its annual event dubbed “Sankalp 2024” held at the FutureFactory in Tamil Nadu. The two-wheeler electric vehicle (EV) is expected to be the Bhavish Aggarwal-led company’s first-ever bike. It will join the Ola S1X, S1 Air and S1 Pro in its fleet of electric two wheelers in the I...
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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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Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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Bhavish Aggarwal Teases New Ola Electric Motorcycle
One of the Ola electric motorcycles has been teased by Bhavish Aggarwal, CEO, Ola Electric on social media. The company could announce more details on the new EV on August 15, 2024.
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Ola EV Sales Up By 30%, CEO Says Staff ''Working More Than 70 Hours'' To Meet Demand
He said that all employees are now working more than 70 hours a week to meet the rise in demand due to the festive season.
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"Selling A Scooter Every 10 Seconds": Ola CEO On Festive Season Sales
India's EV movement is characterised by the Indian government's ambitious EV 2030 targets.
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Ola Electric's Q2 Loss Narrows, Says Most Service Issues 'Minor'
Ola Electric on Friday reported a narrower loss for the second quarter, attributing this to a significant increase in sales. The company also claimed that the recent rise in service requests primarily concerned "minor issues." Between July and September, Ola Electric delivered a total of 98,619 two-wheelers, marking a 73.6 percent increase from the...
-
Kunal Kamra Accepts Bhavish Aggarwal's 'Join Ola' Offer But With Conditions
In a post on X, where their debate initially began earlier this month, Mr Kamra said he has "no choice" but to accept Mr Aggarwal's offer to work with OLA.
-
"Sit Quiet": Bhavish Aggarwal As Kunal Kamra Flags Ola EV Issue
The argument between Bhavish Aggarwal and Kunal Kamra began when the comedian posted an image showing a large number of EV scooters being parked at an Ola service centre.
-
Ola Electric's Dominance Fades as Country's E-Scooter Battle Intensifies
Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month.
-
"Worst EV": Frustrated Bengaluru Woman Uses Placard Urging Public To Avoid Ola Electric Scooter
Ms Gowri shared a photo of her scooter with a sign that read, "Dear Kannadigas, Ola is a useless two-wheeler. Please do not buy an Ola Electric scooter."
-
Ola S1 X Now Gets PLI Certification In India
Two variants of the Ola S1 X - the 3kWh and the 4 kWh models, have been granted PLI certification in India.
-
Ola Electric Roadster Series EV Bikes Unveiled in India: All You Need to Know
Ola Electric took the wraps off its latest range of electric two-wheelers dubbed the Roadster series in India at its Sankalp 2024 event on August 15. The event, held at the company’s new FutureFactory in Tamil Nadu, saw the debut of three new electric vehicle (EV) bikes: Roadster Pro, Roadster X, and Roadster.
-
Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
-
Ola Electric Bike to Launch in India on August 15: Everything We Know so Far
Ola Electric bike is scheduled to launch in India on August 15 at its annual event dubbed “Sankalp 2024” held at the FutureFactory in Tamil Nadu. The two-wheeler electric vehicle (EV) is expected to be the Bhavish Aggarwal-led company’s first-ever bike. It will join the Ola S1X, S1 Air and S1 Pro in its fleet of electric two wheelers in the I...
-
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.
-
Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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Bhavish Aggarwal Teases New Ola Electric Motorcycle
One of the Ola electric motorcycles has been teased by Bhavish Aggarwal, CEO, Ola Electric on social media. The company could announce more details on the new EV on August 15, 2024.
-
Ola EV Sales Up By 30%, CEO Says Staff ''Working More Than 70 Hours'' To Meet Demand
He said that all employees are now working more than 70 hours a week to meet the rise in demand due to the festive season.
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"Selling A Scooter Every 10 Seconds": Ola CEO On Festive Season Sales
India's EV movement is characterised by the Indian government's ambitious EV 2030 targets.
