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Ola Electric

Ola Electric to Cut 500 Jobs Amid Rising Losses, Restructuring Plans: Report

Ola Electric to Cut 500 Jobs Amid Rising Losses, Restructuring Plans: Report

Fri, Nov 22, 2024

The electric two-wheeler company also saw its revenue slump 26.1 per cent to Rs 1,214 crore (on-quarter) from Rs 1,644 crore in the first quarter of this fiscal. The net loss, however, narrowed on a year-on-year basis.

Ola faces regulatory heat; CCPA prepares notices for other EV players

Ola faces regulatory heat; CCPA prepares notices for other EV players

Mon, Nov 18, 2024

Following complaints filed with the National Consumer Helpline (NCH), the CCPA is set to send notices to multiple EV manufacturers, urging them to address concerns related to their products and services.

Ola Electric Investigation by CCPA

Ola Electric Investigation by CCPA

Fri, Nov 15, 2024

Ola Electric is under investigation by the Central Consumer Protection Authority (CCPA) for consumer complaints. The investigation comes after several reports of issues related to their products and services. CCPA will review the complaints to determine if Ola Electric has violated consumer rights.

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Ola Electric to kick off investor meet on IPO plans

Ola Electric to kick off investor meet on IPO plans

Sat, Jun 10, 2023

Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct knowledge said.

Ola Electric says will refund charger cost to its electric scooter buyers

Ola Electric says will refund charger cost to its electric scooter buyers

Thu, May 04, 2023

In a statement on Twitter, the company said the electric vehicle industry has witnessed unprecedented success in the last couple of years despite attempts from vested interest groups, like the recent narrative on charger pricing.

Ola to return Rs 9,000-19,000 to electric scooter charger buyers

Ola to return Rs 9,000-19,000 to electric scooter charger buyers

Mon, May 01, 2023

Customers of the Ola electric scooter were charged from Rs 9,000 to Rs 19,000 for a smart fast charger. But as per the FAME II scheme, the company would have got more subsidy had they not sold the charger separately.

Ola plans to build world's largest electric vehicle hub in Tamil Nadu

Ola plans to build world's largest electric vehicle hub in Tamil Nadu

Mon, Feb 20, 2023

Ola Electric signed a memorandum of understanding with the Tamil Nadu government, committing Rs 7,614 crore in investments to produce electric cars and build lithium-ion cell manufacturing facilities with a capacity of 20 GW.

Ola group to invest Rs 7,614 crore in Tamil Nadu for lithium-ion cell, EV cars

Ola group to invest Rs 7,614 crore in Tamil Nadu for lithium-ion cell, EV cars

Sat, Feb 18, 2023

According to the Tamil Nadu government, Ola Electric Mobility`s group companies -- Ola Cell Technologies Private Ltd and Ola Electric Technologies Private Ltd -- will set up the lithium-ion cell plant and EV car plant respectively.

Ola Electric plans to bring electric bike, open 500 experience centres

Ola Electric plans to bring electric bike, open 500 experience centres

Thu, Feb 09, 2023

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.

Ola Electric to touch production of 10 lakh units by November 2023

Ola Electric to touch production of 10 lakh units by November 2023

Mon, Nov 07, 2022

"Our cumulative production numbers: Dec 2021: 0; Nov 2022: 1,00,000; Nov 2023: 10,00,000; Nov 2024: 1,00,00,000.., "Aggarwal said in a tweet on Friday.

Ola Electric will miss its target to fully utilise production capacity in 6-8 months

Ola Electric will miss its target to fully utilise production capacity in 6-8 months

Sat, Nov 05, 2022

Ola Electric had said that its factory at Krishnagiri district in Tamil Nadu would have a capacity to produce 1 crore electric two-wheelers annually when fully completed. On Tuesday Ola Electric had reported sales of 20,000 units in October 2022.

Record Sales! Electric two-wheelers register 29% month-on-month growth in October 2022 – know details

Record Sales! Electric two-wheelers register 29% month-on-month growth in October 2022 – know details

Mon, Oct 31, 2022

Among all, Ola Electric witnessed a massive growth of 53 per cent MoM to 15095 units, followed by Okinawa up 38 per cent MoM to 1,1754 units in October 2022.

Ola S1 Air Electric Scooter Price, Booking, Images - check range and features

Ola S1 Air Electric Scooter Price, Booking, Images - check range and features

Mon, Oct 24, 2022

Ola S1 Air Electric Scooter Price, Booking, Images: The new S1 Air offers a two-tone body colour scheme and is available in five colours.

Bhavish Aggarwal says Ola Electric ramping up e-scooter production, capacity to meet future demand

Bhavish Aggarwal says Ola Electric ramping up e-scooter production, capacity to meet future demand

Sun, Oct 23, 2022

The company, which launched its new S1 Air electric scooter at an introductory price of Rs 79,999, said it will also make a foray into electric motorcycles by next year.

Ola unveils Ola S1 Air at affordable price - Check price, booking amount, features, festive offer, and other details

Ola unveils Ola S1 Air at affordable price - Check price, booking amount, features, festive offer, and other details

Sat, Oct 22, 2022

Ola S1 Air: The newly launched scooter has three driving modes - Eco, Normal, and Sports. It has a range of 101 km. The electric vehicle can accelerate from 0-40 km/h in 4.3 seconds and can achieve a top speed of 90 km/h.

Big reveal this Dhanteras! Ola Electric set to launch MoveOS3 - When and where to watch event LIVE | DETAILS

Big reveal this Dhanteras! Ola Electric set to launch MoveOS3 - When and where to watch event LIVE | DETAILS

Sat, Oct 22, 2022

Ola Electric MoveOS3: According to the company, the event will be live-streamed online on the official YouTube channel of Ola Electric. Interested viewers can also watch the event live on the Zee Business website as we have embedded the live link.

MoveOS 3 release: Ola Electric set to launch updated OS for S1 scooter this Diwali - Check launch date and details here

MoveOS 3 release: Ola Electric set to launch updated OS for S1 scooter this Diwali - Check launch date and details here

Tue, Oct 11, 2022

Ola Electric Move OS 3 for Ola S1: Ahead of the official launch, the company has also shared a sneak peek teaser video and asked the viewer to guess the upcoming MoveOS 3 feature.

Only 1% Indians plan to buy e-scooters in next 6 months - here's why

Only 1% Indians plan to buy e-scooters in next 6 months - here's why

Tue, Aug 23, 2022

The government set up a committee of experts from Centre for Fire, Explosive and Environment Safety (CFEES) and the Indian Institute of Science to carry out detailed investigation and frame `quality-centric` guidelines for EV manufacturers, which are expected to be released soon.

Ola electric car unveiled: How far it can go on single charge - Details

Ola electric car unveiled: How far it can go on single charge - Details

Mon, Aug 15, 2022

Ola electric car: "Designed to deliver a drag coefficient of less than 0.21, it will be the sportiest car ever built in India with an all glass roof," said the company. The car will be equipped with one of the most advanced computers in a 4W, assisted driving capabilities, keyless and handless doors amongst many other features etc, the company added.

Ola electric car launch today? Big announcement likely at Independence Day event - When and where to watch LIVE

Ola electric car launch today? Big announcement likely at Independence Day event - When and where to watch LIVE

Mon, Aug 15, 2022

Ola electric Independence Day announcement: According to the company, the event will be live-streamed online on the official YouTube channel of Ola electric. It can also be watched on the official social media handles of Ola Electric. Viewers can also watch the event live on the Zee Business website.

Ola electric set to make a big announcement on Independence Day; check time, sneak-peak teaser, details and more

Ola electric set to make a big announcement on Independence Day; check time, sneak-peak teaser, details and more

Sun, Aug 14, 2022

Ola electric I-day announcement: Aggarwal hadn't revealed anything but the sneak-peak teaser videos hinted that the company is coming up with an electric vehicle. A red-coloured car is clearly visible in the short video.

Ola Electric Car coming soon! Check launch date, details and more

Ola Electric Car coming soon! Check launch date, details and more

Fri, Aug 05, 2022

OLA Electric: CEO Bhavish Aggarwal has teased about the upcoming product on Twitter. He confirmed that the new product will be launched on the country’s 75th Independence Day. Aggarwal, however, didn't share more detail or reveal the name of the product. But it is likely that the company may launch its first electric car on August 15.

This electric two-wheeler company leads in EV segment sales in July; Ather and Ola see sharp drop

This electric two-wheeler company leads in EV segment sales in July; Ather and Ola see sharp drop

Tue, Aug 02, 2022

The Central Consumer Protection Authority (CCPA), which comes under the Ministry of Consumer Affairs, said this week that it issued notices to four to five EV two-wheeler makers in the light of several complaints raised by the consumers over battery explosions and fire incidents.

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