Ola Electric gets two-year extension on cell-manufacturing PLI milestonesThe revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7,240 crore in cumulative incentive...
Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 croreGovernment subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore all...
Electric two wheeler subsidies extended till March 2028Electric two-wheeler subsidies are extended by the government until March 2028. An incentive of up to Rs 5,000 per vehicle will continue un...
Ola Electric ordered to pay Rs 25,000 compensation, refund Rs 1.03 lakh to Kerala man over faulty scooterA Kerala consumer commission found Ola Electric guilty of service deficiency and unfair trade practices. The commission ordered Ola Electri...
PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
Ola Electric auditor flags Rs 57 crore PLI penalty reversal in Q1 resultsOla Electric's auditor raised concerns regarding the reversal of a Rs 57 crore penalty related to missed investment milestones under PLI wi...
Ola Electric shares fall 6% even as Q1 loss narrows. Why brokerages see up to 51% downsideOla Electric shares fell after the company reported a narrower Q1 FY27 net loss of Rs 336 crore, compared with Rs 428 crore a year ago. How...
Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and HindalcoMarkets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's st...
Auto correct: How electrification is rewiring the humble autorickshaw in more ways than oneElectric three-wheelers are reshaping India's last-mile mobility sector. Lower running costs and reduced maintenance are driving this signi...
India aims to see electric air taxis fly by 2028, testing to gather pace next year: Union Civil Aviation MinisterIndia aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offe...
Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 croreOla Electric faced a significant downturn in its June quarter operations, reporting a steep forty-five percent decline in revenue compared ...
Ola Electric Q1 loss narrows; Swiggy makes amendsOla Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5.
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...
Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?Ola Electric shares have rebounded sharply from March lows, supported by improving sentiment, strong sales, and a BESS partnership. Analyst...
Big shift: Ola Electric moves to dealership model amid market share wipeoutOla Electric said its company-owned stores, which were instrumental in building consumer awareness and trust in its early years, will gradu...
Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
Ola Electric Mobility shares rally over 7%. What's boosting investor sentiment?Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 203...