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Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
- Saturday August 10, 2024
- Reuters
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.
- www.gadgets360.com
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US Ambassador Eric Garcetti Enjoys Electric Scooter Ride In Kolkata
- Saturday July 20, 2024
- India News | Asian News International
Mr Garcetti said that transportation sharing systems are a great example of promoting sustainable transit.
- www.ndtv.com
-
Ola Electric Said to Have Recorded $136 Million Loss in FY 2022-23, Missing Revenue Goal
- Friday July 28, 2023
- Reuters
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.
- www.gadgets360.com
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Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024
- Monday July 17, 2023
- Ragini Saxena and Debjit Chakraborty, Bloomberg
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.
- www.gadgets360.com
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Zomato, Zypp Electric Partner to Deploy 1 Lakh Electric Scooters for Last-Mile Deliveries by 2024
- Tuesday April 25, 2023
- Press Trust of India
Zomato and Zypp Electric on Tuesday announced that the firms were partnering to deploy 1 lakh electric scooter for last-mile deliveries in the country. The partnership will see Zypp provide the food delivery firm with delivery partners in various cities, according to the company.
- www.gadgets360.com
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Paris to Ban E-Scooters From September After Public Referendum: All Details
- Monday April 3, 2023
- Reuters
Paris is set to ban electric scooters from September, according to the city's mayor. The announcement comes after a public referendum to remove them from the streets. However, e-scooter operators said on Monday they hoped to stop the plan, citing low turnout for the referendum.
- www.gadgets360.com
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Goyal Aluminiums to Set Up Rs. 200 Crore EV Plant in Greater Noida, Plans to Engage 150 Dealers by 2024
- Wednesday March 29, 2023
- Press Trust of India
Goyal Aluminiums has plans to invest Rs. 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. "Goyal Aluminiums...is gearing up to set up a new electric vehicle manufacturing plant with an investment of Rs 200 crore," a company spokesperson told PTI on Wednesday.
- www.gadgets360.com
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Ola Electric Announces Lower Variant of S1, Lineup for S1 Air
- Thursday February 9, 2023
- Press Trust of India
Ola Electric introduced a lower variant of its electric scooter model S1 priced at Rs. 99,999, while also announcing a full line-up to its S1 Air model with three different battery capacities with price starting at Rs. 84,999. The company will open 500 experience centres across India by March this year.
- www.gadgets360.com
-
Ather Energy Details Tamil Nadu Expansion Plan, Will Set Up 150 Fast-Charging Grids Across State
- Monday November 21, 2022
- Press Trust of India
Ather Energy said on Sunday that the company will set up 150 fast-charging grids in Tamil Nadu by the end of the current financial year, and expand its footprint in the state to 15 stores. The state has emerged as a high-demand market for electric scooters with the firm registering a 49 percent quarter-on-quarter growth, according to Ather.
- www.gadgets360.com
-
Tesla’s Former India Policy Chief Said to Join Ather Energy as Vice President
- Friday November 4, 2022
- Sankalp Phartiyal, Bloomberg
Tesla’s former India policy chief is said to be joining homegrown electric scooter startup Ather Energy. Manuj Khurana quit his post as Tesla’s local head of policy and business development in June.
- www.gadgets360.com
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Ola S1 Air Electric Scooter With 100km Range in Eco Mode Launched in India, Move OS 3 Announced
- Saturday October 22, 2022
- Written by David Delima
Ola S1 Air was launched on Monday as the company's third electric scooter to debut in the country. The company also unveiled the latest version of its operating system, Move OS 3 at the launch event.
- www.gadgets360.com
-
Hero's First Electric Scooter Hero Vida Launched, Bookings to Begin From October 10
- Friday October 7, 2022
- Reuters
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...
- www.gadgets360.com
-
Government Provides More Time to Battery Manufacturers to Comply With Additional Safety Norms
- Tuesday September 27, 2022
- Press Trust of India
The government has deferred the implementation of additional provisions in the battery safety standards, which were to begin from October 1, to give manufacturers more time to comply with new norms, according to an official statement. The statement said now additional provisions in the battery safety standards will be implemented in two phases — ...
- www.gadgets360.com
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Ola Electric to Sell Ola S1, S1 Pro Electric Scooters in Nepal; Plans Debut in International Markets
- Thursday September 22, 2022
- Press Trust of India
Ola has announced that it will begin selling its electric scooters in Nepal from the coming quarter, the company said on Thursday. It has signed a memorandum of understanding with CG Motors in the country to sell its electric scooters, and plans to expand its footprint to five international markets including the European Union, the ASEAN region, an...
- www.gadgets360.com
-
Ola to Cut 10 Percent Engineering Jobs Across Ride-Hailing, Electric Vehicle Manufacturing Businesses: Details
- Monday September 19, 2022
- Reuters
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...
- www.gadgets360.com
-
Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
- Saturday August 10, 2024
- Reuters
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.
- www.gadgets360.com
-
US Ambassador Eric Garcetti Enjoys Electric Scooter Ride In Kolkata
- Saturday July 20, 2024
- India News | Asian News International
Mr Garcetti said that transportation sharing systems are a great example of promoting sustainable transit.
- www.ndtv.com
-
Ola Electric Said to Have Recorded $136 Million Loss in FY 2022-23, Missing Revenue Goal
- Friday July 28, 2023
- Reuters
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.
- www.gadgets360.com
-
Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024
- Monday July 17, 2023
- Ragini Saxena and Debjit Chakraborty, Bloomberg
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.
- www.gadgets360.com
-
Zomato, Zypp Electric Partner to Deploy 1 Lakh Electric Scooters for Last-Mile Deliveries by 2024
- Tuesday April 25, 2023
- Press Trust of India
Zomato and Zypp Electric on Tuesday announced that the firms were partnering to deploy 1 lakh electric scooter for last-mile deliveries in the country. The partnership will see Zypp provide the food delivery firm with delivery partners in various cities, according to the company.
- www.gadgets360.com
-
Paris to Ban E-Scooters From September After Public Referendum: All Details
- Monday April 3, 2023
- Reuters
Paris is set to ban electric scooters from September, according to the city's mayor. The announcement comes after a public referendum to remove them from the streets. However, e-scooter operators said on Monday they hoped to stop the plan, citing low turnout for the referendum.
- www.gadgets360.com
-
Goyal Aluminiums to Set Up Rs. 200 Crore EV Plant in Greater Noida, Plans to Engage 150 Dealers by 2024
- Wednesday March 29, 2023
- Press Trust of India
Goyal Aluminiums has plans to invest Rs. 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. "Goyal Aluminiums...is gearing up to set up a new electric vehicle manufacturing plant with an investment of Rs 200 crore," a company spokesperson told PTI on Wednesday.
- www.gadgets360.com
-
Ola Electric Announces Lower Variant of S1, Lineup for S1 Air
- Thursday February 9, 2023
- Press Trust of India
Ola Electric introduced a lower variant of its electric scooter model S1 priced at Rs. 99,999, while also announcing a full line-up to its S1 Air model with three different battery capacities with price starting at Rs. 84,999. The company will open 500 experience centres across India by March this year.
- www.gadgets360.com
-
Ather Energy Details Tamil Nadu Expansion Plan, Will Set Up 150 Fast-Charging Grids Across State
- Monday November 21, 2022
- Press Trust of India
Ather Energy said on Sunday that the company will set up 150 fast-charging grids in Tamil Nadu by the end of the current financial year, and expand its footprint in the state to 15 stores. The state has emerged as a high-demand market for electric scooters with the firm registering a 49 percent quarter-on-quarter growth, according to Ather.
- www.gadgets360.com
-
Tesla’s Former India Policy Chief Said to Join Ather Energy as Vice President
- Friday November 4, 2022
- Sankalp Phartiyal, Bloomberg
Tesla’s former India policy chief is said to be joining homegrown electric scooter startup Ather Energy. Manuj Khurana quit his post as Tesla’s local head of policy and business development in June.
- www.gadgets360.com
-
Ola S1 Air Electric Scooter With 100km Range in Eco Mode Launched in India, Move OS 3 Announced
- Saturday October 22, 2022
- Written by David Delima
Ola S1 Air was launched on Monday as the company's third electric scooter to debut in the country. The company also unveiled the latest version of its operating system, Move OS 3 at the launch event.
- www.gadgets360.com
-
Hero's First Electric Scooter Hero Vida Launched, Bookings to Begin From October 10
- Friday October 7, 2022
- Reuters
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...
- www.gadgets360.com
-
Government Provides More Time to Battery Manufacturers to Comply With Additional Safety Norms
- Tuesday September 27, 2022
- Press Trust of India
The government has deferred the implementation of additional provisions in the battery safety standards, which were to begin from October 1, to give manufacturers more time to comply with new norms, according to an official statement. The statement said now additional provisions in the battery safety standards will be implemented in two phases — ...
- www.gadgets360.com
-
Ola Electric to Sell Ola S1, S1 Pro Electric Scooters in Nepal; Plans Debut in International Markets
- Thursday September 22, 2022
- Press Trust of India
Ola has announced that it will begin selling its electric scooters in Nepal from the coming quarter, the company said on Thursday. It has signed a memorandum of understanding with CG Motors in the country to sell its electric scooters, and plans to expand its footprint to five international markets including the European Union, the ASEAN region, an...
- www.gadgets360.com
-
Ola to Cut 10 Percent Engineering Jobs Across Ride-Hailing, Electric Vehicle Manufacturing Businesses: Details
- Monday September 19, 2022
- Reuters
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...
- www.gadgets360.com