IPO-bound Ola Electric suspends electric car project: Report
Bengaluru: India's IPO-bound Ola Electric has paused its plans to launch electric cars, choosing instead to concentrate on its e-scooter business, according to a Reuters report.
Ola Electric to install 10,000 fast charging points by next quarter
Ola Electric has announced plans to ramp up its fast-charging network rapidly to 10,000 points by next quarter.
Ola Electric registers over 30k registrations in December
Ola Electric on Monday announced that it recorded 30,219 registrations in December and captured a 40 per cent market share in the EV 2W segment (as per VAHAN Portal).
Ola Electric IPO likely by Oct end: Report
Mumbai: Ola Electric intends to submit regulatory documents for its IPO, which could raise up to $700 million, by the end of October, Reuters reported.
Ola's first electric car on track, likely to hot market in 2nd half of 2024
Bengaluru: Electric-scooter maker Ola Electric Mobility Pvt. is moving ahead on its plan to deliver its first four-wheel vehicle in the second half of 2024, Bloomberg reported citing the company’s Chief Financial Officer G.R. Arun Kumar.
Ola lays off 200 employees across businesses in restructuring exercise: Reports
Bengaluru/IBNS: Soft Bank-backed ride-hailing and EV manufacturing company Ola has laid off around 200 employees, media reported.
Ola CEO Bhavish Aggarwal tore papers, punished employees: Report
Ola CEO Bhavish Aggarwal, who aims to be India's answer for ElonMusk with his cheap electric cars, has found himself in the midst of criticism, as a Bloomberg report said that many past and present employees have revealed his abrasive and unsparing behaviour which upset board members and managers.
Ola to invest $500 million to set up Battery Innovation Centre in Bengaluru
Bengaluru: Ola Electric will invest $ 500 million to set up a Battery Innovation Centre in Bengaluru, the company said Monday.
e-scooter fires rare but may occur in future, says Ola Electric chief Bhavish Aggarwal: Report
Ola Electric CEO Bhavish Aggarwal hasn't ruled out more fires in electric scooters in the future while adding that such incidents are very rare, according to media reports.
EV fire: Ola Electric to recall over 1,400 units
New Delhi: Ola Electric is recalling 1,441 units of its electric two-wheelers as the incidents of vehicles catching fire came to light, according to a company statement.
Ola Electric inducts former LG Chem Power CEO Prabhakar Patil onto its Board
Bengaluru, India: Ola Electric, India’s leading manufacturer of EVs, on Wednesday inducted onto its Board Dr. Prabhakar Patil, former Chief Executive Officer of LG Chem Power.
Ola Electric ropes in 35-year auto veteran Yongsung Kim to head Global Sales & Distribution
New Delhi: Ola Electric on Tuesday announced the appointment of Yongsung Kim as Head of Global Sales & Distribution, overseeing India and international markets.
BVR Subbu joins board of Ola Electric
Kolkata/UNI: Ola Electric Mobility Pvt Ltd (Ola Electric) today announced the appointment of BVR Subbu as a member of its Board of Directors.