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ola electric

‘Huge potential’: India Ola Electric’s stock market debut sparks hopes of EV expansion

by Walter Watson
‘Huge potential’: India Ola Electric’s stock market debut sparks hopes of EV expansion

“There is a lot of dry powder waiting on the sidelines among domestic investors” prepared to invest a lot of money in IPOs in India, he said, adding that investors’ …

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India’s electric two-wheeler startups surge to over 150 as government revs up EV push

by Edgar Davis
India’s electric two-wheeler startups surge to over 150 as government revs up EV push

The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, …

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Electric two-wheeler market sees huge 24% growth in February. Ola at top of sales chart

by Horatio Thompson
Electric two-wheeler market sees huge 24% growth in February. Ola at top of sales chart

The electric two-wheeler (E2W) market in India saw a significant surge in registrations during February 2024, indicating a robust 24% year-on-year growth in high-speed scooters. According to data sourced from …

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India’s EV makers slash prices, ignite demand in world’s third-largest automobiles market ahead of Tesla’s entry

by Walter Watson
India’s EV makers slash prices, ignite demand in world’s third-largest automobiles market ahead of Tesla’s entry

Electric car penetration, which trails two- and three-wheelers, is likely to hit about 15-20 per cent, says Mihir Pant, a Mumbai-based partner at Bain & Co. Unlike other markets where …

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ola electric: Why Bhavish Aggarwal is raising debt ahead of Ola Electric IPO

by Edgar Davis
ola electric: Why Bhavish Aggarwal is raising debt ahead of Ola Electric IPO

Ola Electric’s gigafactory under construction as of November, 2023. Credit: Twitter Synopsis Sources tell ET Prime that Ola Electric is in discussion with Temasek-backed Innoven Capital and others, including hedge …

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Reliance, Ola Electric, Mahindra Bid for Incentives Under India’s $2.4-Billion Battery Scheme

by Maya Ortiz
Reliance, Ola Electric, Mahindra Bid for Incentives Under India’s .4-Billion Battery Scheme

Reliance Industries, SoftBank Group-backed Ola Electric, and automaker Mahindra & Mahindra have submitted bids under the country’s $2.4 billion (roughly Rs. 17,800 crore) battery scheme, the government said on Saturday. …

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ola: Ola Electric’s pre-IPO rejig: Bhavish Aggarwal reconstitutes board; shuffles finance leadership

by Edgar Davis
ola: Ola Electric’s pre-IPO rejig: Bhavish Aggarwal reconstitutes board; shuffles finance leadership

Animation by Muhabit ul haq Synopsis Former SoftBank country head Manoj Kohli, Mensa Brands founder Anant Narayan, and YourStory founder Shradha Sharma will join Ola Electric’s board in the run …

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Hero MotoCorp set to invest Rs 550 crore in Ather Energy

by Horatio Thompson
Hero MotoCorp set to invest Rs 550 crore in Ather Energy

Electric scooter maker Ather Energy is set to raise Rs 550 crore from motorcycle manufacturer Hero MotoCorp, the latter said in a disclosure to the National Stock Exchange on Monday. …

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Electric 2-wheeler companies all charged up to raise production

by Horatio Thompson
Electric 2-wheeler companies all charged up to raise production

One of every five two-wheelers sold in India will be an electric within the next two years, as manufacturers introduce more affordable models and the network of public charging stations …

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