Page 10 - Ola Electric Mobility

Ola Electric stock plummets 5% as CTO, CMO resign citing personal reasons

Shares of Ola Electric Mobility fell 4.61 per cent at Rs 85.93 a piece on the BSE in Monday's intraday trade

Ola Electric CMO Anshul Khandelwal, CTO Suvonil Chatterjee resign

According to the sources, the executives leaving the firm are part of the restructuring efforts at Bhavish Aggarwal-led electric vehicle maker

Ola Electric Powers Up: Expands to 4,000 stores, share price zooms 6%

The rally in Ola Electric share price came after the company announced that it has expanded its network to 4,000 stores nationwide, registering a four-fold increase from the existing network

Ola marks 4,000-store milestone with tier-3 town EV network expansion

The electric vehicle company said it is committed to driving large-scale EV adoption enabling deeper penetration beyond tier-1 and tier-2 cities to almost every town and tehsil across India

Ola Electric adds 3,200 new outlets to improve after-sales service

Ola Electric grows its network to 4,000 showrooms and service centres following consumer complaints and social media backlash on product quality and after-sales service

Ola Electric to expand sales, service network to 4,000 outlets on Dec 25

Ola Electric on Thursday said it will expand its sales and service network to about 4,000 outlets on December 25. With over 3,200 new stores complementing its existing footprint, the Bengaluru-based firm is bringing its portfolio of electric vehicles (EVs) closer to consumers across metros, Tier-2, and Tier-3 towns, Ola Electric said in a statement. The company has launched #SavingsWalaScooter campaign, an initiative to bring EVs closer to every Indian household, it added. Co-located with service facilities, these stores will ensure customers receive sales and after-sales support, it added. "By leveraging its direct-to-consumer (D2C) model, Ola is ensuring that EV ownership becomes a reality for every household, breaking barriers to adoption and offering relief from rising petrol prices and high cost of ownership of ICE vehicles," the company said. Ola has recently expanded its product portfolio with the launch of Gig and S1 Z scooter ranges. With introductory prices starting at

Ola Electric slips 3% after CCPA soughts additional documents & information

The CCPA has provided a timeline of 15 days for the company to submit the response in respect of seeking additional documents and information

Stocks to Watch, Dec 6: Vi, Canara Bank, rate sensitives, Nykaa, RITES

Stocks to Watch, Dec 6: From rate sensitives to Vodafone Idea (Vi) here is a list of stocks to remain in focus today

Wedding season sparks 2-wheeler boom but passenger vehicles hit the brakes

As passenger vehicle retail sales slowed in November, companies are anticipated to maintain high discount levels to attract buyers

Ola Electric to add around 3,200 new showrooms by December 20 to push sales

Currently, Ola operates around 800 stores and with the new additions, the number of outlets, which will also function as service centres, will reach 4,000

Ola Electric share price gains 7% on plans to open 4000 stores in Dec

Taking the Electric revolution to the next level this month. Going from 800 stores right now to 4000 stores this month itself

Stocks to Watch, Dec 2: HUL, Raymond, SBI, Cipla Titan, Adani Group shares

Stocks to Watch, Dec 2: Here is a list of stocks that will be in focus for today's session

Ola, Bajaj, TVS in head-to-head battle for electric 2W registrations in Nov

Overall sales cross 1 lakh-mark; Ola Electric has a thin lead over its rivals, accounting for 25.09 per cent share of the total registrations, followed by TVS and Bajaj

Ola Electric's Bhavish Aggarwal declares a price war in e-scooters

But he faces questions over sustainability and a new challenge from Honda

Ola Electric Mobility hits 20% upper limit on new launches, Citi report

Shares of the company ended at Rs 88.2, extending its two-day advance to 27 per cent. Initiating coverage on the stock, Citi set a target price of Rs 90

Ola Electric, Adani Green, GMR Power, 384 more stocks hit upper limit today

Paras Defence, Ravindra Energy, Zaggle Prepaid Ocean Services, Oriental Rail Infrastructure, Puravankara and Veritas (India) from the BSE Smallcap index have locked in upper circuit.

Ola Electric vrooms 8% after launching Gig and S1 Z range of scooters

The new scooters offer durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers

Ola Electric rides into gig segment; set to launch sub-Rs 40K e-scooter

Ola Electric aims for wider adoption through collaboration with Ola Cabs

Ola Electric launches Gig, S1 Z range of scooters, price start at Rs 39,999

Ola Electric has launched its new range of scooters Gig and S1 Z. Deliveries for the Ola Gig and Ola S1 Z series are scheduled to begin in April and May of 2025 respectively

Auto industry to continue shift towards EVs despite Trump tax credit threat

If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it's likely that fewer buyers will choose EVs. Yet tax credits or not, auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks, especially given the enormous investment they have already made: Since 2021, the industry has spent at least $160 billion on planning, designing and building electric vehicles, according to the Centre for Auto Research. In campaigning for the presidency, Trump condemned the federal tax for EV buyers up to $7,500 per vehicle as part of a green new scam that would devastate the auto industry. His transition team is reportedly working on plans to abolish the tax credits and to roll back the more stringent fuel-economy rules that were pushed through by the Biden administration. It is far from clear, though, that the Trump administration could actually rescind the credits. Trump's argument o