Ola Electric Mobility shares are in focus today after the electric scooter maker announced on Friday that it will double its company-owned service center network to 1,000 by December as part of its newly launched Hyperservice, a campaign aimed at boosting electric vehicle (EV) adoption in the country. “With #HyperService we’re expanding our network and … Read more
Ola Electric shares, which have rallied 49% since their listing, are drawing attention on Wednesday as the company prepares to announce its first-quarter results for FY2025. On Friday last week, the company announced that its board will be holding its first board meeting after the listing on August 14, announcing the first quarter results for … Read more
Bhavish Aggarwal, CMD, Ola Electric Mobility, says that their S1 X scooters are priced at or below the median ICE scooter and in bikes also it is going to be the same because the supply chain is all the same. They are working on the supply chain, and started trial production of lithium cells. The … Read more
Ola Electric is expected to launch its public offering for subscription in the next few weeks at a discounted valuation of around $4 billion, a decrease of about a fourth from its last private funding round, multiple people aware of the details said. In September 2023, Ola Electric had snagged a value of $5.4 billion … Read more
Bhavish Aggarwal, Chairman & MD, Ola, says India needs to build its own EV paradigm, its products, and its core technology in the EV stack to become a large part of the global EV revolution. Aggarwal says that is his mission and therein lies the opportunity for the whole industry in India to contribute to … Read more
