Ola Electric: News
Ola Electric Mobility is an Indian company headquartered in Bengaluru, Karnataka. It was founded in 2017 by Bhavish Aggarwal, Ankit Bhati, and other core members. The company’s aim is to work with driver-partners, vehicle manufacturers, and battery companies to produce sustainable technology at cost-effective prices. Their Ola Hypercharger network plan aims at installing over 100K+ charging stations in 400 cities across India. Ola Electric is setting up its EV factory in Tamil Nadu, covering over 100 acres of forest land, and with a 10 million production capacity. The company will also introduce its first electric-based Ola Scooter this year.
Ola Electric shares surge 17% despite ₹428cr Q1 loss—Here's why
Ola Electric Mobility's shares surged by 17% to ₹46.67 today, after the company announced that its auto segment achieved EBITDA positivity in June 2025.
Ola Electric's Q1 loss widens to ₹428cr, revenue plummets 50%
Ola Electric Mobility has announced its financial results for the first quarter of FY26.
Ola Electric seeks ₹1,200 crore in funding amid market challenges
Ola Electric is in talks to raise ₹1,000-1,200 crore ($120-140 million) through private credit, as per a Moneycontrol report.
Maharashtra to close 90% of Ola showrooms over permit issues
Maharashtra is set to close nearly 90% of Ola Electric's 432 inspected showrooms in the state, as the company lacks a permit for vehicle storage.
Ola Electric's shares down 7% today: Here we decode why
Ola Electric's shares plummeted by 7% today, following a major block deal worth ₹731 crore.
Ola Electric's Q4 losses double to ₹870cr as revenue plummets
Ola Electric, a leading player in the electric two-wheeler market, has reported a massive spike in its losses for the fourth quarter of FY25.
Ola-rival Ather lists at 2% premium in muted market debut
Electric two-wheeler manufacturer Ather Energy shares listed below gray market expectations, making a subdued debut today.
Bhavish Aggarwal mulls Ola's IP transfer: Why are investors worried?
Ola's founder, Bhavish Aggarwal, is planning to transfer the IP rights of the Ola brand from ANI Technologies to a holding company owned by his family office.
ICRA downgrades Ola Electric on weak sales, delayed profitability
Prominent credit rating agency ICRA Ltd has downgraded the debt of Ola Electric Technologies Ltd, a key subsidiary of listed Ola Electric Mobility Ltd.
Ather Energy's IPO now open: Should you subscribe?
Homegrown EV maker Ather Energy has opened its initial public offering today, looking to raise ₹2,981 crore through a mix of fresh equity and an offer for sale.
Ola Electric counted unreleased models in its February sales: Report
Bengaluru-based electric vehicle manufacturer Ola Electric added its unreleased models to its February sales figures.
Ola Electric launches 'HyperDelivery' for same-day vehicle registration and delivery
Ola Electric has launched a new 'HyperDelivery' service promising same-day registration and delivery of vehicles.
Swiggy, FirstCry among FY25's marquee IPOs trading in the red
The high-profile IPOs of FY25 have all underperformed, barring Hyundai, trading below their listing prices.
Ola Electric's stock drops 4% amid scrutiny over sales data
Ola Electric's shares have fallen 4% after reports of regulatory scrutiny over discrepancies in electric scooter registrations.
Ola Electric's subsidiary facing insolvency petitions from vendors
Ola Electric Technologies, a subsidiary of Ola Electric Mobility Ltd, is facing insolvency petitions from two vehicle registration service providers.
Ola Electric's shares down 4% today: Here we decode why
Ola Electric, a leading name in the electric two-wheeler space, has seen its stock price tumble.
Ola Electric becomes first 2-wheeler maker to bag PLI-Auto incentives
Ola Electric has become the first two-wheeler EV maker to benefit from the Indian government's Production Linked Incentive Scheme for Automotive and Auto Component (PLI-Auto).
Bhavish Aggarwal pulls a Musk, mandates weekly reports from employees
Ola Group's founder Bhavish Aggarwal has launched a new initiative called 'Kya Chai Raha Hai?' (What's going on?) in a bid to improve transparency and accountability in his companies.
Ola Electric is firing over 1,000 employees to curb losses
Ola Electric is laying off over 1,000 employees and contract workers, as per Bloomberg. The move comes as the company attempts to curb its growing losses.
Ola sold 25,000+ EVs in February, remains market leader
Ola Electric has announced a major milestone in its sales performance for February 2025. The company sold more than 25,000 units during this period.
2025 Simple One e-scooter goes official: Better than Ola S1?
Simple Energy has launched the 2025 version of its One electric scooter, now boasting an impressive IDC-claimed range of 248km.
Ola Electric's Q3 loss widens to ₹564cr, revenue down 19%
Ola Electric has reported a massive jump in its net loss for the third quarter of FY25.
Ola Electric's first motorbike, Roadster X, launched at ₹75,000
Ola Electric has launched its first electric motorcycle, the Roadster X in India.
Ola's first electric motorcycle debuts this week: What to expect
Ola Electric has teased its upcoming electric bike, the Roadster X, on social media. The official launch is slated for February 5.
Ola launches Gen 3 EVs with up to 320km range
Ola Electric has launched its new Gen 3 electric scooter range. The new lineup features the S1 Pro, S1 Pro+, and the more affordable S1 X and S1 X+.
Budget 2025: What Indian automakers expect from government this year
The auto industry is eagerly looking forward to the Budget 2025, especially for electric vehicles (EVs) and clean energy initiatives.
Ola Electric gets 3rd CCPA notice over consumer complaints
Leading electric two-wheeler manufacturer Ola Electric has confirmed receiving a third notice from the Central Consumer Protection Authority (CCPA).
Ola Electric shares crash 5% as SEBI issues administrative warning
The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Ola Electric Mobility for violating disclosure norms.
Bajaj overtakes Ola Electric to become India's highest-selling E2W brand
In a major turnaround in India's electric two-wheeler segment, Bajaj Auto and TVS Motor Company have beaten Ola Electric in December 2024 sales.
Ola Electric-rival Ather Energy gets SEBI's approval for IPO
Ather Energy, a leading player in the electric two-wheeler space, has received final approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO).
Two top executives at Ola Electric resign amid company restructuring
Leading Indian electric vehicle (EV) manufacturer Ola Electric has announced the resignations of its Chief Marketing Officer (CMO) Anshul Khandelwal, and Chief Technology Officer (CTO) Suvonil Chatterjee.
Indian EV sector funding declines by over 27% in 2024
India's electric vehicle (EV) sector has witnessed a sharp decline in funding, with investments falling from $934 million in 2022 to $586 million in 2024, according to data from Venture Intelligence.
Ola Electric opens 3,200 outlets as Bajaj leads EV segment
Ola Electric, under founder and CEO Bhavish Aggarwal, has expanded its retail presence from 800 to 4,000 outlets on Christmas.
Ola Electric unveils S1 Pro Sona with 24K gold elements
Ola Electric has unveiled the S1 Pro Sona, a one-of-a-kind avatar of its electric scooter.
Wedding season, rural demand to drive India's 2-wheeler sales: HSBC
HSBC has predicted that the wedding season and a spike in rural demand will drive two-wheeler sales in India.
Ola Electric expanding from 800 to 4,000 stores by year-end
Ola Electric has announced an ambitious plan to expand its retail network from the current 800 stores to a staggering 4,000 by December 20. That's a five-fold increase in just three weeks.
Modi government mulls ₹9,000cr plan to boost EV battery production
The Indian government is said to be mulling a ₹9,000 crore plan, to boost the production of critical battery components for electric vehicles (EVs) and clean energy systems.
Ola's new e-scooters, with removable batteries, start at just ₹40k!
Ola Electric has expanded its product portfolio with the launch of the S1 Z and Gig series of electric scooters.
Ola Electric teases its first scooter with swappable battery
Ola Electric is all set to disrupt the last-mile mobility segment with its upcoming electric scooter.
Ola Electric to lay off 500 employees in restructuring move
Ola Electric is preparing to lay off over 500 employees across different roles as part of a restructuring plan, according to Moneycontrol.
Honda's first electric scooter for India will offer 100km+ range
Honda has dropped a new teaser for its upcoming electric scooter, which is tailored for the Indian market.
Consumer watchdog orders probe into Ola Electric amid rising complaints
The Central Consumer Protection Authority (CCPA) has launched a full-scale investigation into Ola Electric's services and products.
Ola Electric close to achieving profitability, says CEO Bhavish Aggarwal
Ola Electric, a major player in India's electric vehicle (EV) space, is moving closer to profitability.
SoftBank set to book $1.87B profit thanks to IPOs
Japanese technology investor, SoftBank Group, is expected to announce a quarterly profit of ¥287 billion ($1.87 billion) today.
Ola Electric to launch 20 new EVs amidst service concerns
Ola Electric has announced plans to launch 20 new electric vehicles (EVs) across different two- and three-wheeler categories in the next two years.
Ola Electric's Q2 loss narrows to ₹495cr on higher sales
Ola Electric has reported a reduced net loss for the second quarter, which ended in September.
Bouncers at Ola service centers? Kunal Kamra makes shocking claim
Stand-up comedian Kunal Kamra has once again targeted Ola Electric, this time over the alleged presence of bouncers at its service centers.
Ola Electric hires EY India to fix after-sales service chaos
Ola Electric, a major player in the electric two-wheeler segment, has hired EY India for a "service transformation."
Ratan Tata's impact on India's start-up ecosystem: Founders share experiences
Ratan Tata, former chairman of Tata Sons and a stalwart of India's business landscape, passed away at 86.
Ola Electric served notice over alleged consumer rights violation
India's Central Consumer Protection Authority (CCPA) has served a show-cause notice to Ola Electric over violations of consumer rights.
Ola Electric's stock plunges amid CEO's spat with Kunal Kamra
Ola Electric's shares plunged 9.4% to ₹89.7 on Monday's intraday trade on the BSE.
'Sit quiet': Bhavish Aggarwal on Kunal Kamra's Ola scooter criticism
Ola CEO Bhavish Aggarwal and comedian Kunal Kamra are engaged in a public dispute, over the service center situation of Ola's electric scooters.
Ola S1 EV range available with massive discount of ₹35,000
Ola Electric, a leading Indian electric two-wheeler manufacturer, has announced significant price reductions on its S1 range of electric scooters.
Ola Electric launches HyperService initiative to address after-sales service issues
Ola Electric has launched a new initiative called HyperService, aimed at addressing the growing concerns related to after-sales services.