Page 16 - Ola Electric Mobility

Ola Electric receives Sebi approval for IPO; looks to raise Rs 5,500 crore

Ola Electric IPO: The the first public offering by an EV startup in India includes an offer-for-sale component of 95.2 million shares

Here's how much 30 companies plan to raise through IPOs in coming months

Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others

Ola switches on electric vehicle battery cell tech pioneered by Tesla

Starts trial run with 4680 battery cells

Bhavish Aggarwal's Ola Electric gets Sebi approval for Rs 7,250-crore IPO

Sebi's approval, coupled with a buoyant market, could potentially enable the company to launch its IPO within a month

Ola Cell Tech zeroes in on suppliers for batteries, to invest Rs 2,249 cr

As many as 15 suppliers have shown an interest in localising operations within the PLI timeline

Ola in talks with Mysuru-based Kaynes Semicon to make chips for its EVs

Kaynes would manufacture the chips based on Ola's design

Ola Electric commences deliveries of its mass-market S1 X scooters

The S1 X range comes with the requested physical key and caters to customers with different range requirements

Month after EMPS rollout: Ola market share grows to 53%, registrations drop

Ola gained market share because its decline was much lower than the industry average

Ola cuts entry-level scooter price: A look at what competitors are doing

Ola Electric slashed the prices of its entry-level scooter S1 X by Rs 5,000 to Rs 10,000 across variants

Silent drive: Electric vehicle capital Hosur navigates the election circuit

Beyond the buzz of Ola and Tata, Hosur ignites India's electric evolution, quietly

Ola Cabs shuts down international ventures, shifts focus to Indian market

The future of mobility is electric - not just in personal mobility but also for the ride-hailing business, and there is immense opportunity for expansion in India, said the statement

India must keep e-scooter subsidies to boost adoption, says Ather CEO

India's e-scooter market is small but growing, accounting for 5% of total two-wheeler sales in fiscal 2023-2024

Setting the pace: Ola Electric sees momentum continuing after record March

Ola's CMO, Anshul Khandelwal, also pointed out that there have been fundamental changes in the buying patterns of customers - for instance, more women are now buying electric vehicles than earlier

Ola plans to launch e-rickshaw by the end of this month and ahead of IPO

Ola is planning to enter the e-rickshaw segment with its new product Raahi which is expected to be released this month. Raahi will compete with Mahindra Treo, Piaggio Ape e-city and Bajaj RE

Vedanta, CIL, Ola among the 50 players bidding for critical mineral blocks

The ministry made the announcement on the day when it launched the second round of auction for the 18 strategic mineral blocks valued at Rs 30 trillion

IPO-bound Ola Electric clocks highest registration of 35,000 units in Feb

In December last year, the company became the first EV 2W manufacturer to record 30,000 registrations in a month

Ola Electric slashes prices of three S1 models by up to Rs 25,000

Besides Ola Electric, several EV players such as Ather, Okaya, and Bajaj have slashed the prices of their products to make electric vehicles more affordable and accelerate their adoption in India

With second PLI certification, IPO-bound Ola Electric eyes 13% subsidy

Ola Electric is the only two-wheeler electric company to receive a nod as incumbents struggle with localization standards

Ola Electric considers bidding for mining rights of lithium blocks

Amid growing energy needs, India is trying to encourage electric vehicle production to cut greenhouse gas emissions and reduce reliance on fossil fuel imports

Discounts fail to fire up electric 2-wheeler sales in January, shows data

Industry unlikely to meet FY24 target of 1 million registrations