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Stocks in news: Torrent Power, GAIL, J&K Bank, Ola Electric, Vedanta, InfosysMarkets ended higher for the third consecutive session amidst volatility. Today's trade will focus on ceasefire developments and the MPC me...- Ola Electric shares rally 5% after Rs 366.78 crore PLI incentive sanctioned for FY25Ola Electric Mobility shares surged after the company secured a Rs 366.78 crore incentive under the Production Linked Incentive (PLI) Schem...
- Ola Electric secures Rs 367 crore PLI-Auto incentive for FY25The sanction pertains to the demand incentive for the determined sales value for FY 2024-25, and authorises a payment of Rs 366.78 crore to...
- Ola Electric commences mass deliveries of 4,680 Bharat Cell powered vehiclesOla Electric has begun mass deliveries of its S1 Pro+ scooters powered by the indigenously made 4680 Bharat Cell battery, making it India’s...
- Ola Electric IPO opens tomorrow. Here's what GMP signals ahead of issue launchThe company has lowered the pricing for the public offer to attract more investors. At the upper end of the price band, the post-issue mark...
- Ola Electric raises Rs 3,200 crore to fund EV bizThe funds raised would be utilised towards expansion of Ola's EV business and setting up India's first lithium-ion cell manufacturing facil...
- Manufacturing Push: Ola to invest $918 million in Tamil Nadu for EVs, CellsHub in works to house cell and EV manufacturing facilities as well as vendor and supplier parks
- Ola Electric sells over 25,000 scooters in DecemberOla Electric said that its market share crossed 30% during the month.
- Ola announces affordable S1 Air electric scooter: What's newThe low-cost Ola S1 Pro electric scooter has been introduced. Here is what we currently know about the scooter.
- Ola to invest $500 million in new battery R&D centre in BengaluruOla said the facility will have around 165 pieces of lab equipment to cover all aspects of cell-related R&D.
- Ola Electric unveils indigenously made Li-ion cellThe use of specific chemistry and materials enables the cell to pack more energy in a given space and also improves the overall life cycle ...
- Ola in talks with multiple global suppliers for $1 bn cell manufacturingOla Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, ...
- Why Bhavish Aggarwal won't invite Elon Musk to Ola FutureFactoryAggarwal, who revealed that Ola Electric has started testing an autonomous vehicle which it will launch in the global market by late 2023 o...
- Hope to make India a global hub for EVs, cell tech: Ola co-founderUnder the initiative, the emphasis of the government is to achieve greater domestic value addition, while at the same time ensuring that th...
- Ola Futurefactory to be run entirely by women: CEO Bhavish AggarwalOla Electric, the Bengaluru-based ride-hailing startup’s e-mobility business, is manufacturing electric scooters at a 500-acre site near Kr...
- Ola electric scooter factory to be largest all-women plant globally, says AggarwalIn a blogpost, Aggarwal said the company welcomed the first batch this week and "at full capacity, Futurefactory will employ over 10,000 wo...
- All two-wheelers sold in India should be electric by 2025: Ola CEO Bhavish AggarwalIndia’s auto industry needs to reject petrol and commit to EVs, Ola CEO Bhavish Aggarwal says on the day of the launch of the Ola electric ...
- Ola Electric signs $100 million debt financing dealThe agreement that it signed with Bank of Baroda is the largest long-term debt financing deal in the Indian EV industry, according to a pre...
- Ola Electric signs $100 million debt-financing deal with Bank of Baroda“Today’s agreement for long term debt financing between Ola and Bank of Baroda signals the confidence of the institutional lenders in our p...
- Ola plans to setup a manufacturing hub for electric two-wheelers in Tamil NaduWith its locally-produced electric two-wheelers, Ola will take on companies such as Bajaj Auto, Hero Motocorp-backed Ather Energy, and TVS.
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