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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.

07 Dec 2025
Auto

Ola now delivering 4,680 Bharat Cell-powered scooters: What's so special?

Ola Electric has officially started the mass delivery of its S1 Pro+ scooters. The new model is powered by the indigenously developed 4680 Bharat Cell battery pack.

01 Dec 2025
Electric Vehicles

Ola Electric has made it easier to service your EV

Ola Electric has launched a new feature in its app, allowing customers to book service appointments for their electric vehicles (EVs) across India.

01 Dec 2025
VinFast

You can buy VinFast's electric scooters in India next year

Vietnamese automaker VinFast has announced its plans to enter India's electric two-wheeler market.

30 Nov 2025
Electric Scooters

1st to 5th: Ola Electric loses ground in EV race

Ola Electric, once the leader in the electric two-wheeler (e2W) market, has now slipped to fifth place.

21 Nov 2025
Bhavish Aggarwal

Central Crime Branch to investigate Ola Electric employee's suicide case

The Central Crime Branch (CCB) of Bengaluru has taken over the investigation into the alleged suicide of Ola Electric engineer Aravind Kannan.

08 Nov 2025
Ola

Moody's lowers Ola's rating, warns of cash and loan troubles

Ola's parent company, ANI Technologies, has had its credit rating downgraded by Moody's.

06 Nov 2025
Business

Ola Electric posts ₹ 418 cr loss in Q2, revenue plunges 43%

Ola Electric Mobility has reported a narrower consolidated net loss of ₹418 crore for the September quarter (Q2 FY26).

27 Oct 2025
Bhavish Aggarwal

Your Ola Electric scooter has become easier to repair

Ola Electric is expanding its proprietary service infrastructure and technology vertical by opening it up to independent garages and fleet operators.

26 Oct 2025
Ather Energy

Ola Electric gets board approval to raise ₹1,500cr

Ola Electric Mobility has announced its board of directors' approval for a fundraising plan of up to ₹1,500 crore.

24 Oct 2025
Business

Ola Electric plans to raise fresh funding

Ola Electric, a leading electric two-wheeler manufacturer based in Bengaluru, will hold a board meeting on October 25.

20 Oct 2025
Bhavish Aggarwal

Ola Electric employee suicide: FIR filed against CEO Bhavish Aggarwal

An Ola Electric employee, K Aravind, has died by suicide under suspicious circumstances. The incident took place in Bengaluru.

06 Oct 2025
Tamil Nadu

Ola Electric becomes India's first company certified for in-house motor

Ola Electric has become the first Indian two-wheeler EV manufacturer to get government certification for its in-house developed ferrite motor.

23 Sep 2025
Electric Vehicles

Ola Electric's 'Muhurat Mahotsav' kicks off: Check out best deals

Ola Electric has launched a new festive campaign called "Ola Celebrates India," under which it is offering special discounts on its electric scooters and motorcycles.

16 Sep 2025
Electric Vehicles

Ola Electric hits production milestone of 1M vehicles 

Ola Electric, India's biggest pure-play electric vehicle (EV) company, has achieved a major milestone by producing its one-millionth vehicle.

05 Sep 2025
SoftBank Group

Ola Electric shares fall 8% as SoftBank reduces stake

Ola Electric Mobility's shares plummeted nearly 8% on Friday, after SoftBank sold a 2% stake in the company through open market transactions.

04 Sep 2025
Bhavish Aggarwal

SoftBank trims 2% stake in Ola Electric to 15.7%

SoftBank has sold a 2% stake in Ola Electric Mobility Ltd, reducing its holding to 15.68%.

02 Sep 2025
Ather Energy

How Ather Energy plans to tackle rare earth magnet crisis

Ather Energy, a Bengaluru-based electric scooter manufacturer, is changing its strategy to reduce dependence on heavy rare earth magnets.

01 Sep 2025
Business

Ola Electric shares surge 13%: What is behind today's rally?

Ola Electric's shares witnessed a massive spike of 13% in today's trading session, hitting a price of ₹61.2 per share.

01 Sep 2025
Business

Ola Electric shares rebound after $5B slump

Ola Electric Mobility Ltd.'s shares are on the mend after a $5 billion slump, with investors betting that the Indian electric two-wheeler manufacturer is turning a corner.

26 Aug 2025
Ola S1

Ola's Gen 3 e-scooters receive PLI certification: Why it matters

Ola Electric has announced that its entire Gen 3 scooter portfolio has received Compliance Certification under the Production Linked Incentive (PLI) scheme.

22 Aug 2025
Bombay Stock Exchange (BSE)

Ola Electric gets shareholder nod to reallocate IPO funds

Ola Electric has successfully secured shareholder approval for the reallocation of funds raised through its initial public offering (IPO).

21 Aug 2025
Stock Market

Ola Electric shares plunge around 8% today: What's the reason?

Ola Electric Mobility's shares fell around 8% today, after a massive two-day rally of nearly 30%.

18 Aug 2025
Bhavish Aggarwal

Bhavish Aggarwal does not regret taking Ola Electric public

Ola Electric founder and Chairman Bhavish Aggarwal has said he doesn't regret taking the firm public.

13 Aug 2025
Auto

Ola Electric to unveil first sports scooter on August 15

Ola Electric is gearing up to launch its first-ever sports scooter in India on August 15.

30 Jul 2025
Bhavish Aggarwal

Ola Electric wants to raise $116M via debt financing

Ola Electric, an electric vehicle manufacturer in India, has held preliminary talks with lenders for high-yield debt financing, as per Bloomberg.

23 Jul 2025
TVS Motor Company

How Ola, TVS plan to lower dependence on rare-earth metals

Ola Electric and TVS Motor Company are planning to replace rare-earth magnets with ferrite magnets in their electric scooters, Business Standard has reported.

14 Jul 2025
Business

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.

14 Jul 2025
Business

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.

14 Jul 2025
Bhavish Aggarwal

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.

14 Jul 2025
Maharashtra

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.

03 Jun 2025
Stock Market

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.

29 May 2025
Business

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.

06 May 2025
Ather Energy

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.

05 May 2025
Bhavish Aggarwal

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.

03 May 2025
Electric Vehicles

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.

28 Apr 2025
Ather Energy

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.

03 Apr 2025
Auto

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.

30 Mar 2025
Hyundai

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.

20 Mar 2025
Stock Market

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.

16 Mar 2025
Bhavish Aggarwal

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.