Ola Electric Mobility Ltd News

Ola Electric Mobility shares slip 6%, hits all time low amid large trade

Ola Electric Mobility share price hit an all time low at ₹43.2 per share after 15.5 million shares were traded on BSE, while on the National Stock Exchange (NSE), 36.6 million shares changed hands

Ola launches zero-commission model pan-India, drivers to keep full earnings

Ride-hailing platform Ola on Tuesday said it has implemented a zero per cent commission model nationwide, enabling over a million driver partners to fully retain their fare earnings with no ride or income limits. As part of the initiative, drivers can choose their plan and keep the entire fare, with no deductions or limits, the company said in a statement. This rollout, now active pan-India, covers autos, bikes, and cabs, and offers unlimited earning potential for driver partners, it added. "The launch of zero per cent commission model pan India marks a fundamental shift in the ride-hailing businesses. Removing commissions empowers driver partners with much more ownership and opportunity," an Ola Consumer spokesperson said. Asserting that the driver partners are the backbone of the mobility ecosystem, the spokesperson said, "giving them complete control of their earnings will help in creating a more resilient and sustainable ride-hailing network across the country". Ola said its s

Free run to bumpy ride: Ola Electric faces challenges on road to future

Unlike services, Ola's foray into product manufacturing comes with a different set of expectations

Ola Electric Mobility, YES Bank shares fall up to 7% after huge block deals

Till 09:26 AM; a combined 1,144 million equity shares representing 3.6% YES Bank and 183.31 million equity shares or 4.2% of total equity capital of Ola Electric changed hands on the NSE and BSE.

Ola Electric shares dip over 4% after Q4 loss widens and revenue fall

Shares of Ola Electric on Friday ended over 4 per cent lower after the firm reported a consolidated net loss of Rs 870 crore in the fourth quarter ended March 31, 2025. The stock dropped 4.26 per cent to settle at Rs 50.97 on the BSE. During the day, it tanked 9.71 per cent to Rs 48.07. At the NSE, shares of the firm ended at Rs 50.85, down 4.48 per cent. During the day, it tumbled 9.72 per cent to Rs 48.06. Ola Electric on Thursday reported a consolidated net loss of Rs 870 crore in the fourth quarter ended March 2025, while noting that it is targeting profitability in the current fiscal. The company had reported a net loss of Rs 416 crore in the January-March quarter of 2023-24. The revenue from operations declined to Rs 611 crore compared to Rs 1,598 crore in the year-ago period, Ola Electric said in a regulatory filing. For FY25, the company reported a net loss of Rs 2,276 crore against Rs 1,584 crore in 2023-24. Its revenue from operations declined to Rs 4,514 crore against

Ola Electric share price slumps 10% in trade after Q4 loss widens YoY

Ola Electric shares slipped 9.7 per cent in trade after its fourth quarter loss widened and revenue declined 62 per cent

Ola Electric Q4 results: Loss widens to ₹870 crore, revenue declines 59%

The revenue from operations declined 59.5 per cent to ₹611 crore in Q4FY25, the company had reported the same as ₹1,598 crore in the corresponding quarter last year

Ola Electric up 7% as board approves ₹1700-cr fundraise via NCDs and others

Ola Electric Mobility share price gains 7 per cent after board gave a nod to raising ₹1700 crore via NCDs and other other debt instruments

Ola Electric begins deliveries of Roadster X electric motorcycles

Ola Electric on Friday said it has commenced deliveries of its Roadster X portfolio of motorcycles, along with offers worth Rs 10,000 for the first 5,000 customers. The prices of the Roadster X series start at Rs 99,999 for the 2.5kWh variant, Rs 1,09,999 for the 3.5kWh variant, and Rs 1,24,999 for the 4.5kWh model, the company said in a statement. Roadster X+ 4.5kWh is priced at Rs 1,29,999, while the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that has a range of 501 km/charge, is priced at Rs 1,99,999, it added. "The Roadster X is a bold leap, marking our entry into the motorcycling segment. The Roadster X is designed, engineered, and built in India, for a generation that wants to ride the bike of the future," Ola Electric Chairman and MD, Bhavish Aggarwal, said. With deliveries starting today, the Roadster X would unlock the true potential of EVs in the two-wheeler category, accelerating EV adoption and penetration, he added. Ola Electric said the first 5,000 customers will g

Ola brand IP may shift to Bhavish Aggarwal's family office amid restructure

Ola brand IP is currently owned by ANI Technologies, which handles Ola's ride-hailing operations, and is licensed to Ola Electric

Ola again makes it to top spot in sales in April; e2W market share at 22.4%

The impact of the government subsidy on escooters, which has been halved to ₹5,000 from April 1, is clearly taking its toll on overall sales of e2Ws

Ola Group leads innovation race, holds over half of unicorns' patents

Ola Group, spanning ride-hailing, electric vehicles, and AI, now holds over 50 per cent of all patents filed by India's 117 unicorns. India's unicorns collectively hold only 229 patents, with Ola Group owning more than half, according to data from the Indian Patent Advanced Search (IPAS) System. In a recent post on X (formerly Twitter), Ola Founder Bhavish Aggarwal shared, "Happy that Ola group @OlaElectric @Olacabs and @Krutrim have half of all granted patents for all Indian unicorns put together. Not happy with our number of 650 applied patents though. We will accelerate much much more in coming years!" Sources close to Ola confirmed that the group has filed over 650 patent applications, with 180 already granted. This includes filings by Ola Electric, Ola Consumer, and Krutrim, with Ola Electric accounting for the lion's share of about 70-80 per cent of the total. The report reveals that 101 of India's unicorns have filed zero patents, spotlighting a heavy tilt in the startup ...

From warehouses to local stores: Ola Electric shifts gear amid row

In addition to cost savings, these changes have resulted in reducing average vehicle inventory from 35 to 20 days, and reducing delivery time for customers from 12 days to 4 days

Ola's AI arm Krutrim cuts fundraising target by $200 mn amid low interest

Bhavish Aggarwal's AI venture Krutrim has reduced fundraising target from $500 million to $300 million, as broader investor interest appears to be tepid

Ola Electric rolls out first Roadster X bike from Tamil Nadu plant

Ola Electric Mobility on Friday said it has rolled out the first Roadster X motorcycle from its Futurefactory in Krishnagiri, Tamil Nadu. The electric bike is set to hit the road this month. "The Roadster X series represents our commitment to taking the EV revolution to the next level. Today's rollout celebrates not just a new product, but a new era for us and the industry, as it represents the next phase of revolution in electric mobility," Ola Electric Chairman and MD Bhavish Aggarwal said in a statement. The Roadster X Series comes with a mid-drive motor that boosts performance and safety. Its also features a chain drive and an integrated MCU for efficient torque transfer, providing better acceleration, and improved range. The Roadster X series also features flat cables in the motorcycles -- an industry-first innovation. These cables improve packaging efficiency, reduce weight, and enhance thermal performance, improving overall durability and reliability. The Roadster X serie

Ola Electric ropes in EY to strengthen regional compliance amid expansion

Ola Electric Mobility has roped in Ernst & Young to strengthen regional compliances across its recently expanded distribution network in the country, according to sources familiar with the development. The company has initiated the move as it phases out its warehouse-based distribution system and transitions to a direct-to-store retail model. As part of this transition, Ola Electric is eliminating the intermediate warehousing layer, allowing vehicles, spare parts, and accessories to be shipped directly from the factory to stores, sources said. This shift is expected to significantly improve inventory turnover, reduce delivery time, and streamline the overall customer experience. EY will support Ola in ensuring regional compliance readiness for its growing retail footprint, the sources stated. While the specifics of EY's mandate remain under wraps, the firm is expected to play a role in standardising processes and accelerating execution across certain regional markets. Ola Electri

Nearly 90% of orders in February sales fully paid, says Ola Electric

The clarification follows reports claiming Ola included bookings for yet-to-be-launched vehicles in its Feb sales data, potentially inflating market share amid efforts to regain investor confidence

Ola's February sales added e-motorbikes which haven't even hit the road yet

Ola Electric Mobility Ltd. counted its yet-to-be launched electric motorcycles and e-scooter bookings in its February sales number

Ola Electric commences hyper delivery with same-day vehicle registration

Ola Electric on Thursday said it has commenced an initiative for same-day registration and delivery of vehicles. Pilot of #HyperDelivery has started in Bangalore, and would gradually be scaled up across India during this quarter in a phased manner, the Bengaluru-based firm said in a statement. Customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles in just hours, it added. "We have significantly cut the processing time of registering the vehicles through AI-led automation and by moving the registration process completely in-house. "With this we are ensuring a much smoother purchase experience for our customers, eliminating tedious purchase processes and longer delivery timelines," an Ola Electric spokesperson said.

Ola Electric falls 6% from day's high; Rosmerta withdraws insolvency plea

Ola Electric share price is down 64.5 per cent (as of Monday closing) from its all-time high of ₹157.3 per share