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Ola Electric

Ola Electric cuts costs by Rs 90 crore/month

Ola Electric cuts costs by Rs 90 crore/month

Wed, Mar 12, 2025

The initiative has delivered a sustainable cost reduction of Rs 90 crore per month, it added.

Ola Electric receives letter from IFCI for missing out on PLI milestones

Ola Electric receives letter from IFCI for missing out on PLI mil...

Wed, Mar 05, 2025

Ola Electric Mobility on Tuesday said its wholly-owned subsidiary has received a letter from IFCI for missing out on targets specified under the Production Linked Incentive Advanced Chemistry Cell scheme (PLI ACC).

Auto component industry targets $100 billion from exports in next 7-8 years: Boston Consulting Group

Auto component industry targets $100 billion from exports in next...

Tue, Mar 04, 2025

Besides, capitalising on emerging EV and electronic value chain through localisation today, India can look to tap into additional USD 15-20 billion exports in components like battery management systems, telematics units, instrument clusters, and ABS, it stated.

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Ola Electric to invests Rs 4,000 cr to set up Battery Innovation Center in Bengaluru

Ola Electric to invests Rs 4,000 cr to set up Battery Innovation...

Mon, Jul 18, 2022

As part of its broader electrification push, the firm plans to invest in companies with advanced cell and battery technology, alongside the 50 Gwh battery plant.

Ola MoveOS 3 launch: CEO Bhavish Aggarwal reveals launch time; releases teaser

Ola MoveOS 3 launch: CEO Bhavish Aggarwal reveals launch time; re...

Mon, Jul 18, 2022

Ola S1 Pro Electric Scooter will soon have an improved MoveOS 3 software updates. Chief Executive Officer Bhavish Aggarwal also tweeted on this releasing the teaser.

Ola unveils lithium-ion cell built in-house

Ola unveils lithium-ion cell built in-house

Tue, Jul 12, 2022

Electric vehicles company Ola has unveiled a lithium-ion cell, NMC 2170, built in-house.

Ola Electric crosses Rs 500 cr revenue in April-May

Ola Electric crosses Rs 500 cr revenue in April-May

Fri, Jun 24, 2022

In a statement, Ola Electric said it has surpassed Rs 500 crore revenue in its first two months of FY22-23 without sharing the total number of vehicles sold during the two months

Ola Electric sees high-profile exits amid larger government scrut...

Thu, May 12, 2022

As the electric e-scooter maker Ola Electric faces government scrutiny and consumer complaints, a couple of its top-notch executives have quit, the latest being its chief marketing officer Varun Dubey

India's Ola Electric chief Bhavish Aggarwal says e-scooter fires rare but can happen in future

India's Ola Electric chief Bhavish Aggarwal says e-scooter f...

Tue, May 10, 2022

There may be more fires in electric scooters in the future but such incidents are very rare, the chief executive of India's Ola Electric said at a private company event, after safety concerns were heightened by a fire in one of its scooters in March

After Okinawa, Ola Electric recalling 1,441 units of electric two-wheelers amid fire incidents

After Okinawa, Ola Electric recalling 1,441 units of electric two...

Sun, Apr 24, 2022

Ola Electric said that their probe into the fire incident on March 26, 2022, occurred in Pune, is ongoing and a preliminary assessment found that it was an isolated one.

Ola Electric set to launch autonomous car in about 2 years

Ola Electric set to launch autonomous car in about 2 years

Sun, Apr 24, 2022

"Ola Electric began testing an autonomous vehicle nearly six months ago and will launch it in global markets by late 2023 or early 2024," Ola CEO said

Ola CEO Bhavish Aggarwal meets Union Minister Nitin Gadkari; discusses EV, Ola's plans, tweets founder

Ola CEO Bhavish Aggarwal meets Union Minister Nitin Gadkari; disc...

Thu, Apr 14, 2022

Ola Chief Executive Officer (CEO) Bhavish Aggarwal met Union Transport Minister Nitin Gadkari on Thursday to discuss the future of electric vehicles in the country even as reports of Ola electric scooters catching fire are doing the rounds.

Ola Electric to accelerate new projects, focus on technology

Ola Electric to accelerate new projects, focus on technology

Tue, Apr 12, 2022

Ola Electric CEO Bhavish Aggarwal on Tuesday said the company plans to accelerate its new ambitious projects such as electric car, cell manufacturing and the gigafactory, besides deepening focus on technology and engineering.

Ola Electric invests in StoreDot for extremely fast charging technology; charges 0 to 100% in 5 minutes

Ola Electric invests in StoreDot for extremely fast charging tech...

Mon, Mar 21, 2022

Ola Electric, on March 21, 2022, announced that it has invested in Storedot, an Israeli battery technology company that is a pioneer in batteries with Extreme Fast Charging (XFC) technology.

Ola Electric to raise e-scooter prices in next purchase window

Ola Electric to raise e-scooter prices in next purchase window

Fri, Mar 18, 2022

The firm is slated to commence the next purchase window on March 17-18, coinciding with the Holi festival.

Ola Electric to open next purchase window for S1 Pro scooter on Mar 17, 18

Ola Electric to open next purchase window for S1 Pro scooter on M...

Tue, Mar 15, 2022

Ola Electric on Monday said it will open next purchase window for its electric scooter S1 Pro on March 17-18, coinciding with Holi festival.

Ola Electric raises $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others; valuation stands at $5 billion

Ola Electric raises $200 million from Tekne Private Ventures, Alp...

Mon, Jan 24, 2022

Last year in September, the electric Vehicle manufacturer announced that it raised over $200 million led by Falcon Edge, Softbank and others, at a valuation of $3 billion.

Ola Electric Scooters S1, S1 Pro: Important update on final payment for buyers - What Bhavish Aggarwal confirmed

Ola Electric Scooters S1, S1 Pro: Important update on final payme...

Fri, Jan 14, 2022

Ola Electric, which had in August 2021 made a foray into the green mobility space with the launch of its electric scooters, S1 and S1 Pro priced at Rs 99,999 and Rs 1,29,999, respectively.

December 2021 Auto Sale: Ola Electric sells over 200 S1, S1 Pro scooters

December 2021 Auto Sale: Ola Electric sells over 200 S1, S1 Pro s...

Tue, Jan 04, 2022

Ola Electric has not come out with the data on its deliveries yet but it has issued a statement mentioning that the Vahan data for December is over 200

Ola Electric expands test rides of e-scooters pan-India

Ola Electric expands test rides of e-scooters pan-India

Sat, Nov 20, 2021

Ola had kicked off test rides in Bengaluru, Delhi, Ahmedabad, and Kolkata on November 10, and then opened up five more cities - Chennai, Hyderabad, Kochi, Mumbai, and Pune on November 19

Ola Electric defers purchase window for electric S1 scooters' bookings to December 16

Ola Electric defers purchase window for electric S1 scooters...

Tue, Nov 02, 2021

The company had initially planned to reopen bookings from November 1, but has now pushed it to mid-December.

Ola Electric's Diwali gift to customers! Company allows free test ride of Ola S1, S1 Pro from November 10

Ola Electric's Diwali gift to customers! Company allows free...

Thu, Oct 21, 2021

Ola Electric has said that it is ready to hand over the scooters within a specific delivery window and plans to offer the customers a test drive of the Ola e-scooter from November 10.

Ola Electric opens e-scooter reservation! Bookings start at Rs 499 on olaelectric.com

Ola Electric opens e-scooter reservation! Bookings start at Rs 49...

Tue, Oct 05, 2021

The electric two-wheeler last month made a business worth Rs 1,100 core in just two days.

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