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OLA ELECTRIC GIGAFACTORY
Ola Electric loss narrows to Rs 336 crore, revenue down 45%The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earli...
Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoYOla Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Impro...
Amara Raja bets on standard Li-ion cells, commissions CQP ahead of gigafactory rolloutAmara Raja Energy & Mobility will initially produce standard lithium-ion cells for e-two-wheelers and energy storage, avoiding early depend...
Amara Raja to phase lithium-ion cell rollout with focus on standard battery cellsAmara Raja Energy & Mobility is entering lithium-ion cell manufacturing with a measured approach. The company will initially produce standa...
Ola Electric gets BIS certification for indigenous LFP battery cellOla Electric's subsidiary has secured Bureau of Indian Standards (BIS) certification for its indigenously developed 46100 lithium iron phos...
Ola Electric shares jump 17% despite market weakness; up 22% in two days. What’s fueling the surge?Ola Electric shares surged significantly on Thursday. This rise follows the company's announcement of its self-developed Lithium Iron Phosp...
Ola Electric shares surge 10%, market value soars by Rs 1,300 crore. What sparked today's rally?Ola Electric shares surged after announcing its in-house developed LFP cell is ready. This development is expected to make electric vehicle...
Ola Electric announces readiness of indigenous 46100 LFP cellOla Electric has developed its new LFP cell, the '46100' format, a bigger and more cost-efficient offering. It will be used in Ola products...
Ola Electric cuts Roadster 9.1 price by Rs 60,000 as 4680 Bharat Cell production scalesOla Electric has slashed the price of its Roadster X+ 9.1 kWh electric motorcycle by Rs 60,000. This significant reduction is due to increa...
Ola Electric likely to foray into India's USD 30 bn BESS mktOla Electric is poised to enter the burgeoning energy storage market, projected to exceed USD 30 billion by 2030. Chairman Bhavish Aggarwal...
Ola Electric to unveil 'India Inside' vision at August 15 event in Tamil NaduOla Electric is gearing up to reveal its future plans for products and technologies at its annual 'Sankalp' event, scheduled for August 15 ...
Ola Electric to unveil 'India Inside' vision at August 15 event in Tamil NaduThe annual 'Sankalp' event will take place on August 15 at Ola Electric's Gigafactory in Krishnagiri. "The company is set to unveil its Ind...
Ola Electric to invest $100 mn in first phase of Gigafactory, says Bhavish AggarwalOla Electric, the electric vehicle manufacturer, plans to invest $100 million in the first phase of building its Gigafactory for producing ...
Ola Electric to invest $100 million in gigafactoryOla Electric founder Bhavish Aggarwal said is developing a 4680 form of battery cells, which is more energy-dense and advanced than the 217...
Ola Electric files draft papers for IPO, to raise Rs 5,500 crore via fresh issuePromoter Bhavish Aggarwal will offer upto 4,73,94,014 shares in the OFS, and Indus Trust, which is also a part of the promoter group entity...
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...
Ola scouts for land to set up cell, electric car factoriesOla Electric's four-wheeler ambitions are taking a serious shape with some concept designs almost ready. It is in talks with governments of...