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Ola S1 Gen 3 e-Scooter Launched In India Priced At Rs 79,999
The most expensive variant of the Ola S1 Gen 3 comes priced at Rs 1.70 lakh (ex-showroom).
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India's CCPA to Probe E-Scooter Maker Ola Electric Over Service, Product Standards
Last month, the Central Consumer Protection Authority (CCPA) sent Ola Electric a notice seeking an explanation from the SoftBank-backed company after the consumer rights agency received an unusually high 10,000 complaints.
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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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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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Video: Ola Showroom Set On Fire In Karnataka By Disgruntled Customer
A 26 year old man has been arrested for allegedly setting fire to an Ola Electric showroom in the southern Indian state of Karnataka over unsatisfactory servicing of a recently-purchased e-scooter, a police official said on Wednesday.
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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 Electric Cuts Cheapest E-Scooter Prices By 12.5%. It Now Costs...
Ola Electric, India's largest electric scooter maker, reduced the price of its cheapest variant by 12.5%, it said on Monday, as the loss-making company tries to boost sales after the government reduced subsidies.
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Ola Responds After E-Scooter Catches Fire In Pune, Blames Aftermarket Parts
The company has confirmed that the scooter's battery remains intact and functional.
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Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
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Ola Electric Said to Have Recorded $136 Million Loss in FY 2022-23, Missing Revenue Goal
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue goal.
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Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...
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Hero's First Electric Scooter Hero Vida Launched, Bookings to Begin From October 10
India's Hero Moto, the world's biggest motorcycle maker by sales, launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in the shift to cleaner transport. Hero has been a laggard in launching electric two-wheelers, giving startups such as Ather Energy, which is backed by Tiger...
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Ola to Cut 10 Percent Engineering Jobs Across Ride-Hailing, Electric Vehicle Manufacturing Businesses: Details
Ola on Monday announced that it would cut around 200 engineering jobs as part of its efforts to centralising operations to build a structure to strengthen relevant roles and functions. The company, which said it is focussed on being a "vertically integrated mobility" company, plans to increase the number of engineers from 2,000 to 5,000 over the ne...
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Ola CEO Bhavish Aggarwal Seeks Suggestion On Electric Scooter, Gets Witty Replies
Ola founder and CEO Bhavish Aggarwal's recent social media post on accessories to go along with Ola S1 Electric scooter is gaining traction on Twitter.
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Ola S1 Gen 3 e-Scooter Launched In India Priced At Rs 79,999
The most expensive variant of the Ola S1 Gen 3 comes priced at Rs 1.70 lakh (ex-showroom).
-
India's CCPA to Probe E-Scooter Maker Ola Electric Over Service, Product Standards
Last month, the Central Consumer Protection Authority (CCPA) sent Ola Electric a notice seeking an explanation from the SoftBank-backed company after the consumer rights agency received an unusually high 10,000 complaints.
-
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.
-
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."
-
Video: Ola Showroom Set On Fire In Karnataka By Disgruntled Customer
A 26 year old man has been arrested for allegedly setting fire to an Ola Electric showroom in the southern Indian state of Karnataka over unsatisfactory servicing of a recently-purchased e-scooter, a police official said on Wednesday.
-
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 Electric Cuts Cheapest E-Scooter Prices By 12.5%. It Now Costs...
Ola Electric, India's largest electric scooter maker, reduced the price of its cheapest variant by 12.5%, it said on Monday, as the loss-making company tries to boost sales after the government reduced subsidies.
-
Ola Responds After E-Scooter Catches Fire In Pune, Blames Aftermarket Parts
The company has confirmed that the scooter's battery remains intact and functional.
-
Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
-
Ola Electric Said to Have Recorded $136 Million Loss in FY 2022-23, Missing Revenue Goal
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue goal.
-
Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...
-
Hero's First Electric Scooter Hero Vida Launched, Bookings to Begin From October 10
India's Hero Moto, the world's biggest motorcycle maker by sales, launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in the shift to cleaner transport. Hero has been a laggard in launching electric two-wheelers, giving startups such as Ather Energy, which is backed by Tiger...
-
Ola to Cut 10 Percent Engineering Jobs Across Ride-Hailing, Electric Vehicle Manufacturing Businesses: Details
Ola on Monday announced that it would cut around 200 engineering jobs as part of its efforts to centralising operations to build a structure to strengthen relevant roles and functions. The company, which said it is focussed on being a "vertically integrated mobility" company, plans to increase the number of engineers from 2,000 to 5,000 over the ne...
-
Ola CEO Bhavish Aggarwal Seeks Suggestion On Electric Scooter, Gets Witty Replies
Ola founder and CEO Bhavish Aggarwal's recent social media post on accessories to go along with Ola S1 Electric scooter is gaining traction on Twitter.
