Page 10 - Ola Electric Mobility

Chennai auto and cab drivers to boycott Ola, Uber from Feb 8: Here's why

Drivers plan to continue using local aggregator-apps like Namma Yatri, which charge a fixed daily subscription fee instead of commission-based deductions

Ola set to unveil electric scooter based on Gen 3 platform on Jan 31

Ola Founder Bhavish Aggarwal on Wednesday said electric scooter based on Gen 3 platform will be unveiled later this week. "Ringing the 'Next Level' with @OlaElectric Gen 3 scooters! We've significantly surpassed Gen 2 products in every way -- much higher performance, more features, great design! And a surprise to change the industry all over again," he stated on X. The Bengaluru-based Ola Electric will unveil the product range on January 31. Ola Electric expects the new platform to bring in around 20 per cent margin savings. Some savings will come in in January and then many more every quarter as all of the Gen 3 technologies come into play, he stated during the Q2 call with analysts. "In terms of gross margin, we expect about a 20 point improvement as Gen 3 plays out over the next 12 months step-by-step," he noted. During the call, Aggarwal had mentioned that in Gen 3 upgrade, the company is doing re-architecture of the motor platform which reduces cost, increases power ...

Bears on the prowl as markets turn skittish; individual stocks hit hard

Market insiders reveal that bears are homing in on vulnerable stocks with lofty valuations, promoter share pledging, and negative news triggers

Sebi warns Ola Electric over disclosure norms violation, its shares fall 4%

The company's MD had disclosed expansion plans on social media before information on stock exchanges

Ola Electric share tanks 5% on Sebi's administrative warning; details here

The fall in Ola Electric share price came after the markets regulator Securities and Exchange Board of India (Sebi) issued an administrative warning letter over disclosure violations

Markets regulator Sebi warns Ola Electric for violating disclosure norms

According to the letter issued by Sebi, the electric vehicle manufacturer announced its expansion plans on microblogging platform X (formerly Twitter), before informing the exchanges

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