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 introduces S1Z with in-house 'Bharat Cell'
Ola Electric has launched the S1Z, India's first scooter range to feature its homegrown Bharat Cell LFP technology.
Ola Electric moves beyond vehicles with energy storage solutions
Ola Electric has launched its 'Shakti' energy storage series, a major step toward harnessing clean energy at all levels.
PM E-Drive subsidy for electric two-wheelers extended till FY28
The Indian government has decided to extend the subsidies for electric two-wheelers under the PM E-Drive scheme till FY28.
Why Ola Electric is moving to a dealership model
Ola Electric has announced a major shift in its business strategy, moving away from the direct-to-consumer model it has followed for five years.
Ola Electric rejects insolvency petitions against its manufacturing division
Ola Electric has rejected the insolvency petitions filed against its manufacturing arm, Ola Electric Technologies Pvt. Ltd.
Why no Indian electric two-wheeler maker is profitable yet
The Indian electric two-wheeler (e2W) industry has seen phenomenal growth, outpacing other EV segments in sales.
TVS achieves 1M electric scooter sales milestone
TVS Motor Company has achieved a major milestone by selling over 10 lakh electric scooters in India.
Ola Electric's stock rises 93% since March: What's driving it?
Ola Electric's stock has witnessed a massive surge, rising by 93% since March.
Ola Electric is building e-scooters for gig workers
Ola Electric has received regulatory approval for a new commercial electric scooter, paving the way for its entry into India's fast-growing quick commerce and gig worker mobility market.
Ola Electric's Q4 loss down 42.5% YoY to ₹500cr
Ola Electric Mobility has reported a consolidated net loss of ₹500 crore for the March quarter.
EV stocks soar as Modi calls for fuel conservation
Shares of electric vehicle (EV) makers such as JBM Auto, Ola Electric Mobility, Ather Energy, and Olectra Greentech rose sharply today.
Ola Electric shares surge as homegrown EV tech bags certification
Ola Electric's mass-market electric scooter, the S1 X+ (5.2kWh), has been certified under the Central Motor Vehicle Rules (CMVR), 1989.
Ola Electric launches S1 X+ with in-house 4680 Bharat Cell
Ola Electric has launched a new variant of its popular electric scooter, the S1 X+ 5.2kWh.
Ola Electric falls 7% after sharp 3-day surge
Ola Electric Mobility's shares fell by as much as 7% on Monday, hitting an intraday low of ₹37.96.
Ola Electric shares surge 70% in April: What's driving rally?
Ola Electric's shares have witnessed a remarkable recovery, surging by 70% so far in April.
Ola Electric shares surge 20%, defying weak market trend
Ola Electric Mobility's share price has witnessed a massive surge, rising over 16% in intraday trade to ₹35.27 today.
Ola Electric shares jump 33%: What's driving the rally?
Ola Electric Mobility's shares jumped over 7% today, marking a massive 33% gain in just three sessions.
Ola Electric's shares up 13% today: What's the reason?
Ola Electric Mobility's shares surged by a whopping 13.03% to ₹25.77 today, gaining ₹2.97 in trade.
India's electric mobility stocks up 14% today: What's the reason?
Shares of electric mobility companies such as JBM Auto, Olectra Greentech, Ather Energy, and Ola Electric have witnessed a major surge today.
Ola Electric to sell stake in battery division for ₹2,000cr
Ola Electric is planning to raise up to ₹2,000 crore by selling a minority stake in its battery division, Ola Cell Technologies (OCT).
Ola Electric slips out of top 5 EV manufacturers
Ola Electric, once a dominant player in India's electric two-wheeler market, has slipped out of the top five in terms of monthly sales volumes.
Ola Electric announces 'Ola Insiders' program: How it benefits you?
Ola Electric has launched a new community program called "Ola Insiders" for its existing customer base of over one million riders across India.
Can Bhavish Aggarwal's Krutrim survive without Ola group's funds?
Bhavish Aggarwal's artificial intelligence start-up, Krutrim, is largely supported by business from Ola group companies.
Ola Electric shares hit all-time low: What's the reason?
Ola Electric Mobility's shares plummeted over 7% today to an all-time low of ₹28.81, following the company's disappointing Q3 results.
Start-ups don't dominate India's electric two-wheeler market anymore
India's electric vehicle (EV) market is witnessing a major shift as legacy two-wheeler manufacturers such as TVS Motor Company, Bajaj Auto, and Hero MotoCorp are gaining dominance.
Weak demand hits Ola Electric as revenue falls 55%
Ola Electric has reported a consolidated loss of ₹487 crore for the December quarter of FY26, a reduction from the ₹564 crore loss in the same period last year.
Why Ola is trimming its realty footprint in Bengaluru
Ola, the ride-hailing and electric vehicle firm, has given up nearly 170,000 square feet of office space in Bengaluru.
Ola Electric to lay off 5% workforce amid sales decline
Ola Electric has announced plans to lay off nearly 5% of its workforce.
Ola Electric shares crash 8% as CFO resigns
Ola Electric Mobility Ltd. has announced a major change in its top management, with the resignation of Chief Financial Officer (CFO) Harish Abichandani.
Ola Electric's Shakti home battery gets government nod for sale
Ola Electric has received the green light from the Bureau of Indian Standards (BIS) to sell its residential battery energy storage system, Ola Shakti.
SoftBank sells 2.15% stake in Ola Electric amid market challenges
SoftBank has sold a 2.15% stake in Ola Electric Mobility Ltd through a series of open-market transactions.
Electric 2-wheeler registrations surge 27.5% in December, TVS leads market
The electric two-wheeler (e2W) market witnessed a significant surge in December 2025, with registrations reaching an impressive 93,619 units.
Indian start-up funding drops 10% to $13B in 2025
Indian start-ups raised a total of $13 billion in 2025, marking a 10% decline from the $14.4 billion raised in 2024.
Auto demand stays strong in December, driven by 4-wheelers
The Indian auto industry witnessed a robust demand in December 2025, according to data from the VAHAN registration system.
Auto sector sees strong demand in December, thanks to 4-wheelers
The Indian automotive market witnessed robust demand in December 2025, as per the latest VAHAN registration data.
Why Ola Electric's market share in India halved this year
Ola Electric, a leading player in India's electric two-wheeler segment, has witnessed a major decline in its market share.
Ola Electric shares surge 5% after ₹367cr PLI incentive approval
Shares of Ola Electric Mobility jumped 5.4% on Friday after the company announced that it has been awarded an incentive of ₹366.78 crore under the Production Linked Incentive (PLI)-Auto scheme for FY25.
Ola Electric's 78% stock plunge wipes out ₹8,000cr for SoftBank
Ola Electric's shares have witnessed a steep decline of around 78% from their peak, leading to huge notional losses for global investors such as SoftBank and Temasek.
Ola Electric now offers same-day servicing for your EVs
Ola Electric has launched a new initiative called Hyperservice Centers, promising same-day service at no extra cost.
Ola Electric shares surge 10% after founder clears ₹260cr loan
Ola Electric's shares surged nearly 10% to ₹34.38 on Friday afternoon, recovering from the previous day's close of ₹31.26.
Why Bhavish Aggarwal sold his stake in Ola Electric
Ola Electric Mobility Ltd's shares have plummeted by nearly 60% in 2025.
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.