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OLA ELECTRIC CAR FACTORY
In 1912, Cadillac fitted 12,000 cars with Charles Kettering's electric self-starter; the hand-crank era ended, and ordinary drivers could finally start a car safelyIn the early days of the automobile, drivers faced a daunting ritual every time they wanted to hit the road. Cranking the engine by hand wa...- E-Ambulances will get up to 35% PM E-DRIVE subsidyThe government will subsidise electric ambulances. This support is up to 35% of the ex-factory price. Rs 500 crore is allocated for 3,811 e...
- India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pactIndia will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact st...
- Turtlemint investors IPO cash out; Ola Electric eyes Sebi settlementPeak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint goes public. This and more in today’...
- Ola Electric files application to settle Sebi probe over false information allegationsOla Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock pr...
- Ola Electric files application to settle Sebi probeOla Electric and its founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stoc...
- Poland teams up with Foxconn to build EVs: PM TuskPoland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year....
- Noida airport gets round-the-clock cabs, fares range from Rs 1k to Rs 3kNoida International Airport passengers found taxis to be a dependable transport option. Several cab aggregators like Uber, Ola, and Rapido ...
- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- Mercedes-Benz India confident of sustaining growth on strong demand this yearThe premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among...
- US manufacturing output unchanged in May after large gain in AprilUS factory production remained flat in May. This unexpected result followed a strong April. Output of long-lasting goods like vehicles rose...
- UNIVO appoints Nitin Golani its chief executive officerHigher education company UNIVO has appointed Nitin Golani as its new chief executive officer. Golani, with over two decades of global exper...
- Oliver Tree death: All about American alt-pop singer who dies after two helicopters collided mid-air in BrazilOliver Tree dead: The passengers on the same helicopter as Tree included a Brazilian music producer, Argentine video director and Argentine...
- EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
- Ather Energy board approves Rs 2,500-crore fundraising planAther Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion ...
- Hitachi Energy India to set up Rs 2,000 cr large power transformer factory in GujaratHitachi Energy India will invest approximately Rs 2,000 crore to build a new Large Power Transformer factory in Karjan, Vadodara, Gujarat. ...
- Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
- Ola Electric shares jump 10%, surge 120% in just 12 weeks. Does this rally have more steam left?Shares of Ola Electric Mobility surged 10% on Tuesday, extending a sharp rebound that has lifted the stock nearly 120% from its March low. ...
- Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
- Ola Electric raises Rs 780 crore via QIP, issue oversubscribed 56%The strong response came despite volatile equity markets and signals continued institutional confidence in Ola Electric's growth strategy, ...
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