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OLA ELECTRIC OUTLETS
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
Ola Electric slips out of top five in February market share; shares hit all-time lowOla Electric has fallen out of the top five in India’s electric two-wheeler market, after being overtaken by Greaves Electric Mobility in F...
Ola Electric shares in focus amid plans to cut physical storesOla Electric plans to cut its store network to 550 outlets amid declining market share and operational challenges. The company reported wea...
Ola Electric to cut store network to 550Ola Electric is significantly cutting its physical store count to around 550 by March-end. This move follows a sharp drop in market share a...
Ola Electric shares slide 3% even as company rebuts ‘misleading’ report on battery techOla Electric's stock took a hit on Monday amidst swirling rumors. The company swiftly dismissed a report from South Korean media alleging i...
Ola Electric refutes LG Energy’s tech leak allegation, says its cells are more advancedThe statement addressed a South Korean news outlet’s report about an unnamed former LG Energy Solution executive allegedly attempting to pa...
Ola Electric shares slide over 3% after Maharashtra orders closure of unlicensed showroomsShares of Ola Electric fell 3.5% after a report revealed that the Maharashtra Transport Department had ordered the closure of its showrooms...
Ola Electric disputes insider trading report, says trades were routine Esop exercisesThe Bhavish Aggarwal-led company clarified that the trades referred to were routine transactions involving shares acquired through the exer...
Maharashtra transport department cracks down on Ola Electric showrooms operating without trade certificatesIn a letter dated April 16, the state’s joint transport commissioner noted that 121 Ola Electric showrooms are operating without trade cert...
75 Ola Electric outlets shut as Maharashtra cracks down on company for non-complianceThe Maharashtra government has ordered RTOs to shut down Ola Electric outlets operating without valid trade certificates. Inspections found...
Ola Electric to bolster sales, service network to 4,000 outlets on Dec 25Ola Electric said in a statement that, with over 3,200 new stores added to its existing network, it is bringing its electric vehicle (EV) p...
'Savings Wala Scooter' now to be available everywhere, says Ola CEO Bhavish AggarwalOla Electric plans to establish 4,000 stores by 25th December 2024, aiming to make EVs accessible across India. This initiative includes co...
Ola Electric to expand network to 4,000 stores by December to boost business growthOla Electric, India's leading EV company, is set to expand its distribution network to 4,000 stores by December 2024, aiming to cover all p...
Ola Electric shares fall 4%, slip below Rs 100 for the first time since listingOla Electric, India's leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to ...
Ola Electric to double service centres to 1,000 by December: CEO Bhavish AggarwalAggarwal also said the company plans to train 100,000 third-party mechanics by December 2025 to service EVs, roll out a guarantee of a back...
Ola Electric plans to expand sales, service infra to 10k outlets by 2025-endOla Electric announced plans to establish 10,000 sales and service outlets by the end of 2025 to enhance its presence in smaller cities and...
Ola Electric opens second experience centre in CoimbatoreWith 200 such experience centres already operational across all major cities in India, the firm plans to expand its network to 500 outlets ...