Ola E-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."

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.

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, 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.

The company has confirmed that the scooter's battery remains intact and functional.

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...

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.

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...

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 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 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.

Ola Electric will launch a new EV on August 15, India’s 75th Independence Day. The launch was teased by the company CEO on Twitter. It could either be an E-scooter or an electric four-wheeler. The company is yet to announce other details about the new EV.

Ather CEO Tarun Mehta said on Sunday that electric two-wheelers are going mainstream in India and that fire incidents will help the industry mature, while manufacturers focus on quality. Mehta was responding to a query on how the fire incidents of electric two-wheelers of various manufacturers, such as Ola Electric, Okinawa, PureEV and even Ather's...

Ather Energy has revealed that the company’s path to profit was delayed by a surge in raw material costs and supply chain disruptions. The company’s CEO and co-founder Tarun Mehta said that while he previously expected to break even later this year, it could take a few more quarters to do so. Ather launched the third generation of its 450X e-sc...

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.

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."

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.

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, 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.

The company has confirmed that the scooter's battery remains intact and functional.

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...

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.

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...

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 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 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.

Ola Electric will launch a new EV on August 15, India’s 75th Independence Day. The launch was teased by the company CEO on Twitter. It could either be an E-scooter or an electric four-wheeler. The company is yet to announce other details about the new EV.

Ather CEO Tarun Mehta said on Sunday that electric two-wheelers are going mainstream in India and that fire incidents will help the industry mature, while manufacturers focus on quality. Mehta was responding to a query on how the fire incidents of electric two-wheelers of various manufacturers, such as Ola Electric, Okinawa, PureEV and even Ather's...

Ather Energy has revealed that the company’s path to profit was delayed by a surge in raw material costs and supply chain disruptions. The company’s CEO and co-founder Tarun Mehta said that while he previously expected to break even later this year, it could take a few more quarters to do so. Ather launched the third generation of its 450X e-sc...

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.