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Ola Electric News

Bhavish Aggarwal

02 Sep 2024

Ola Electric’s Market Share Drops To 31% In August, Share Extends Losses

Ola Electric’s shares have tumbled over 27 per cent from its record peak of Rs 157.53 a piece, leaving investors jittery amid profit booking and broader market volatility.

24 Aug 2024

Ola Electric Fast Losing Market Share, Market Experts Tell Investors To Remain

A latest Jefferies report said that TVS and Bajaj have expanded their portfolios with more affordable electric two-wheelers.

14 Aug 2024

Ola Electric Reports Rs 347 Crore Loss In April-June Quarter, Revenue Up 32%

For Q1 FY25, the company posted adjusted gross margin of Rs 377 crore for the quarter ended June 30.

01 Jul 2024

Ola Electric Posts 107 Per Cent Growth In June EV 2-Wheeler Registrations

Ola Electric also surpassed 2 lakh registrations in CY2024, becoming the first EV two-wheeler company to achieve the milestone within the first half of a calendar year.

20 Jun 2024

Ola Electric, Emcure Pharma Get Sebi's Nod To Float IPO

Ola Electric manufactures EVs and core EV components such as battery packs and motors at Ola Futurefactory -- manufacturing facility in Krishnagiri.

15 Apr 2024

Ola Electric Slashes Price Of S1 X E- Scooter, Check New Prices

The new pricing structure for the Ola S1 X, introduced in February this year, now ranges from Rs 69,999 to Rs 99,999

Indian startups

07 Apr 2024

Over $172 Million In Funding Raised By 30 Indian Startups Last Week

Ola Electric, led by Bhavish Agarwal, secured the highest amount of debt funding of $50 million.

11 Feb 2024

Ola Electric Gets Certification For 2nd e-scooter Under Govt's PLI Scheme

The company's Ola S1 Pro and Ola S1 Air are now eligible for subsidies under the government's auto PLI scheme for five years from the date of certification, as per sources.

05 Feb 2024

2024 Ola S1X Electric Scooter Launched In India At Rs 1.10 Lakh

the launch of the Ola S1X scooter with a 4kWh battery pack marks a significant milestone in the electric vehicle industry, especially for the Indian market.

18 Jan 2024

Ola Electric Launches MoveOS4 To Offer Better Ownership Experience

Ola S1 electric scooter owners will now have increased features on their scooters for an improved ownership experience as the EV-maker has rolled out its new MoveOS4.

Ola Electric IPO

23 Dec 2023

Ola Electric Files For IPO: Check A-Z About It

The proposed Initial Public Offering (IPO) encompasses a fresh equity share release of up to Rs 5,500 crore and an offer for sale (OFS) involving 95,191,195 equity shares at a face value of Rs 10.

01 Dec 2023

Ola Electric Registers Strong YoY Growth Of 82% With Nearly 30,000 Units Sold

Ola Electric achieved record monthly sales in November, registering 30,000 units, boasting 82% YoY growth and 30% MoM growth.

10 Nov 2023

Diwali Discounts 2023: Ola S1 Electric Scooter Gets Up To Rs 26,500 Off

Ola S1 electric scooter range is now on sale with discounts going up to Rs 26,500, as a part of the company's festive season scheme - Ola Bharat EV Fest.

01 Nov 2023

Ola Retails 24,000 E-Scooters In October, Encashing Festive Season Push

During the period of Navratri and Dussehra, Ola Electric launched the Bharat EV Fest, which helped the automaker in registering a monthly sales of 24,000 units.

17 Oct 2023

Ola S1 Electric Scooter Range Gets HUGE Discounts Of Up To Rs 24,500: Details

The Ola S1 electric scooter range is now being offered with discounts of up to Rs 24,500 as a part of the company's Ola Bharat EV Fest.

16 Oct 2023

Ola Electric Commence Deliveries Of S1 Pro Gen-2 Ahead Of Festive Season

Launched a couple of weeks back, the Ola S1 Pro Gen-2 electric scooter's deliveries have finally commenced as the festive season knocks our doors.

28 Aug 2023

New Ola S1 E-Scooter Range Bags Over 75,000 Bookings In 2 Weeks From Launch

Within 2 weeks after the launch of the updated Ola S1 electric scooter range, the company has bagged over 75,000 orders.

13 Aug 2023

Ola Electric To Unveil MoveOS 4 On August 15; Teases First Electric Motorcycle

Based on a teaser image shared by Ola Electric CEO, Bhavish Aggarwal, the EV manufacturer might reveal its first electric motorcycle on Independence 2023, August 15.

10 Aug 2023

Ola Electric Registers Whopping Rs 784 Cr Loss In FY22

Bhavish Aggarwal-led Ola Electric is yet to file its audited financial report for FY23.

01 Jun 2023

Ola Electric Achieves Record Sales Of 35,000 Scooters in May, Largest EV Maker

From June 2023 onwards, the Ola S1 Pro is priced at ₹1,39,999, S1 (3KWh) at ₹1,29,999, and S1 Air (3KWh) at ₹1,09,999.

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