Ola

Ola Electric launches pan-India in-app service feature under 'Hyperservice'

Ola Electric on Monday announced the nationwide rollout of its in-app service appointment feature under its Hyperservice initiative, enabling customers to seamlessly schedule service for their vehicles. The new feature strengthens the company's commitment to delivering a transparent, convenient, and customer-first service experience. Designed to offer greater ease and accessibility, the in-app booking system allows users to choose preferred service slots, track service status, and manage all service-related needs directly within the Ola Electric app, the company said in a statement. By bringing the entire service journey onto a unified platform, customers can eliminate the hassles of traditional service booking methods, it added. The feature also assures customers of genuine, high-quality parts and standardised service processes. "Our vision under the Hyperservice initiative is to offer world-class experiences that are rooted in trust, convenience, and transparency. With the launc

E2W sales stumble in November; Hero knocks Ola Electric out of top 4

Once the market leader, Ola Electric saw registrations fall below the 10,000-a-month mark, down to 8,254 units, almost half of what it posted in October, according to Vahan data

Ola Electric rebuts South Korea's LG Energy Solution tech leak claims

Ola Electric has rejected reports linking it to a South Korean probe into alleged battery technology leaks from LG Energy Solution, saying it is focused on its own 4680 Bharat Cell, now in commercial

Ola Electric's auto segment posts first-ever operating profit in Q2 FY26

Gross margins in the auto business expanded 510 basis points sequentially to 30.7 per cent, outperforming most internal combustion engine (ICE) two-wheeler manufacturers

Ola Electric announces entry into ₹1 trillion BESS market with Ola Shakti

With India's BESS market projected to grow to over ₹3 trillion by 2030, Ola Electric expects its annual BESS consumption to scale up to 5 GWh in the next few years

Uber switches to subscription-based model to retain drivers, navigate GST

The move aligns Uber with rivals Ola and Rapido amid GST ambiguity and driver pushback against commissions, marking a major shift in India's ride-hailing model

Ola becomes 1st Indian automaker to get govt nod for in-house ferrite motor

Ola Electric on Monday said it has become the first two-wheeler EV manufacturer to receive government certification for its in-house developed rare-earth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets, the Bengaluru-based firm said in a statement. The certification has been granted by Global Automotive Research Centre, Tamil Nadu, after Ola Electric's ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041, that is notified by the Ministry of Road Transport, Government of India, it added. AIS 041 is an Automotive Industry Standard (AIS) issued by the Automotive Research Association of India under the Ministry of Road Transport and Highways. The tests showed that the company's in-house developed ferrite motor's performance matched that of the motors with rare-earth permanent magnet motors in terms of net power for 7kW and 11 kW variants, it said. T

Ola Electric aims to halve delivery timelines ahead of festive season

Ola Electric is gearing up for the festive season with an aggressive production and inventory push, aiming to slash vehicle delivery timelines by more than half, from the current handover period of 12-14 days, sources said. Reducing delivery timelines and improved handover experience have been identified as a key priority for the company this season. The company is working to ensure customers do not face the long waiting periods seen in earlier cycles. "The festive season is critical, and delivery speed will be the differentiator," a source said. Over the past few quarters, Ola has steadily shifted from a discount-driven industry playbook to a model anchored in profitability and sustainable growth. While rivals are expected to continue offering deep festive discounts of 10-12 per cent, often at the cost of burning cash, the company has stayed consistent with its focus on improving EBITDA margins. Ola Electric has sold over one million vehicles, nearly double of its closest rival

Ola, Uber asked to follow base fare of black-&-yellow taxis in Mumbai

The transport authority of Mumbai Metropolitan Region (MMR) has directed app-based taxi and auto rickshaw aggregators to follow the base fare of black-and-yellow taxis until the government decides on separate rates for them. The three aggregator firms -- Uber, Ola and Rapido -- were supposed to incorporate the existing fare structure of black-and-yellow taxis in their mobile applications before 5 pm on September 18. In a letter dated September 16, the Mumbai Metropolitan Region Transport Authority (MMRTA) said the existing fare of black-and- yellow taxis is Rs 20.66 per km for non-AC vehicles and Rs 22.72 per km for AC vehicles. The three firms should implement it as base fare until the new rates for app-based taxis and auto rickshaws are finalised, it said. Bharat Kalaskar, secretary of MMRTA, told PTI that the base fare can be discounted by 25 percent when the demand is low, while a 1.5 times surge is allowed during a high-demand period. "We had convened a meeting of them ...

Ola Electric hits 1 mn production mark, launches special edition RoadsterX+

Ola Electric on Tuesday said it has rolled out one-millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu. Ola Electric commenced production in 2021 and has achieved this landmark in under four years, driven by strong demand for its S1 portfolio of electric scooters, and the recently launched Roadster X electric motorcycles. To mark the milestone, the company has rolled out a special edition RoadsterX+ in a midnight blue, with sporty red accents across dual tone seat, rims and the battery pack. "This marks the celebration of every Indian who trusted us and believed in our mission. In four years, we've gone from an idea to becoming India's EV two-wheeler leader," a company spokesperson said. The Bengaluru-based firm has built at scale and proved that world-class products can be designed, engineered, and manufactured right here in India, the spokesperson added. "This milestone is a testament to how far we've come, and we're just getting started! Our mission is clear: ..

Ola, Uber, Rapido get provisional licences for bike taxi services in Mumbai

The State Transport Authority (STA) in Maharashtra has granted approval for provisional licences to the parent firms of app-based taxi aggregators Ola, Uber, and Rapido for bike taxi services in the Mumbai Metropolitan Region and fixed a minimum fare of Rs 15 for 1.5 kms, officials have said. As per the minutes of an STA meeting, the approval has been granted on the condition that these companies apply for permanent licences within a month, fulfilling all terms and conditions prescribed in the Maharashtra Bike Taxi Rules 2025. ANI Technologies Private Limited, Uber India Systems Private Limited, and Roppen Transportation Services Private Limited, the parent companies of Ola, Uber, and Rapido, respectively, have been given approval. In the last two months, the transport department received four applications to launch bike taxi services in the Mumbai Metropolitan Region (MMR). But it approved provisional licences for only three companies. The STA rejected Smart-Ride's application for

Ola Electric files PLI claim of Rs 400 crore, boosting financial prospects

Ola Electric has filed a claim of around Rs 400 crore incentive under the government's production-linked incentive (PLI) scheme, reinforcing its compliance with rigorous localisation and regulatory requirements, according to sources. As per industry sources, Ola has filed the claim with eligible sales of about Rs 3,000 crore for FY25, translating into an expected incentive of nearly Rs 400 crore. The incentive, calculated at a rate of 13 to 14 per cent, is expected to significantly strengthen the company's liquidity position and deliver a positive impact on its financial performance in the coming quarters, the sources close to the development said. Notably, Ola was the only two-wheeler Original Equipment Manufacturer (OEM) to receive the PLI incentive last year, marking a significant milestone for the company and the industry. Continuing this momentum, Ola has emerged as the top achiever in PLI-eligible sales in the two-wheeler category for two consecutive years, underscoring its .

Ola Electric auditor flags 'material weakness' in inventory controls

Ola Electric's auditor flagged weak inventory controls at its main unit, as SoftBank and automakers cut stakes and regulators probe sales and consumer complaints

Bike taxi row: Uber, Ola halt in Karnataka, Rapido continues service

This comes after the Karnataka High Court bench clarified that it has not passed any order allowing bike taxi services in the state

Ola's AI venture Krutrim lays off over 100, axes Kruti's linguistics team

Bhavish Aggarwal's AI venture cuts its workforce in second round of layoffs as fundraising falters and Kruti's training nears completion

Operators of app-based cabs suspend strike in Mumbai for three days

The Maharashtra Gig Kamgar Manch on Saturday suspended the ongoing strike of drivers of app-based taxis in Mumbai and other cities of Maharashtra for three days. Keshav Nana Kshirsagar, president of the association, told PTI that the strike, which started on Wednesday, was being suspended till next Tuesday to give time to the Maharashtra government to respond to their demands. "We have only suspended the strike, not called it off. If our demands are not accepted by Tuesday, services will be shut again," he said. At a meeting with the association's representatives, transport department officials sought time till Tuesday, said Kshirsagar. In the meantime, app-based cabs will charge the rate fixed by the government for the conventional black-and-yellow taxis and not the rate appearing in the apps of cab aggregators (such as Ola or Uber), he said. He also urged commuters and drivers to use www.onlymeter.in, a fare calculation website based on official government rates, to avoid ...

Uber, Ola drivers strike in Mumbai, commuters face tough second day

Drivers demand fixed fares and lower commissions as strike affects bookings on Uber and Ola, while Rapido and kali-peeli cabs continue partial operations in the city

Govt just made your cab rides costlier | Here’s what you need to know | Ola | Uber | Rapido

The government has revised its guidelines for cab aggregators like Ola, Uber, and Rapido, allowing them to double their fares during peak hours.

Siddaramaiah to remain CM, cab fare hike, Dalai Lama vs China, Sheikh Hasina & more

Karnataka CM Siddaramaiah said that he will serve the full 5-year term as chief minister, giving a strong message to party loyalists backing deputy DK Shivakumar for the post of chief minister.

Govt permits surge fares of up to 2x base rate for cab aggregators

The Ministry of Road Transport and Highways also announced that 10 per cent of the fare, not exceeding ₹100, to be imposed on the driver if a ride is cancelled without any specific reason