Page 18 - Ola Electric Mobility

Ola to offer e-bikes, cheap e-scooters to phase out petrol two-wheelers

Ola is building what it's touting as the world's largest electric vehicle hub to churn out battery-powered two-wheelers, cars and EV cells, in addition to housing vendor and supplier facilities

ReadyAssist, Ampere collaborate for full-stack after-sales, service support

The partnership will ensure smooth operations and minimal downtime for vehicles, along with improving the customer experience

E-scooter maker Ola Electric targeting $1.5 billion sales this year

The government has said it wants electric variants to account for 70% of two-wheeler sales - which also include motorcycles - by 2030, a huge jump from 14% currently

Ola Electric founder Bhavish advances plan for IPO as e-scooters take off

The company, whose backers include SoftBank Group Corp. and Tiger Global Management, has become leader in India's electric-scooter market with a 38% share

Tamil Nadu may attract 35% of all EV investments in India till 2030

State sees Rs 43,000 crore investment in two years; Hyundai, Ola, Ather among major players

FAME subsidy cut, subsequent price hike take e-scooter sales down 61% MoM

The dip in sales has come after electric two-wheeler manufacturers hiked the prices of their products by 15-18 per cent

Riding your 2-wheeler without a helmet? Ola's upcoming tech won't allow it

Ola is not the only company making advances in this technology. TVS also recently announced that it was working to build a camera-based helmet reminder system

iPhone maker Foxconn to start making electric vehicles in India: Report

The company is keen on setting up its plant in Maharashtra but due to some challenges, it may consider Tamil Nadu as its auto manufacturing hub

Chandigarh to stop registration of non-electric two-wheelers by July

The policy is part of the Chandigarh administration's plan to reduce pollution and move towards green mobility

Climate tech push: EV start-ups set to power India's next unicorn club

Corner a hefty chunk of investments despite ongoing funding winter; at present, Ola is the only unicorn among 970 homegrown enterprises in the EV space

Ola announces price hikes for its electric scooters, to cost Rs 15k more

The reduction in subsidies is expected to trigger a wave of price hikes in electric scooter prices across the industry

Ola Electric gears up for India's largest automotive IPO by early 2024

Ola Electric founder Bhavish Aggarwal owns about 40% stake in the firm at present

Ola Electric secures $300-million funding at $6-billion valuation

In the previous deal, Ola Electric had raised $200 million from investors like Tekne Private Ventures, Alpine Opportunities Fund, and Edelweiss

As govt cuts down subsidy, EV two-wheelers may get costlier from June 1

The government earmarked Rs 10,000 crore for a period of three years under the FAME-II scheme. The scheme ended in June 2021 and was extended for a period of two years

Ola Electric expanding fast, to cross 1,000 experience centres this year

As part of that strategy, the SoftBank-backed electric vehicle company on Saturday opened its 500th experience centre (EC) in Srinagar, Jammu & Kashmir

Electrification of Fleet: NITI sets FY31 target for Ola, Uber in green push

Ride-hailing company Uber has committed to 100% of rides taking place in zero-emission vehicles, on public transit, or with micro-mobility by 2040

Focusing on budget-oriented buyers, Ather to launch 450S to gain mkt share

The new electric scooter is likely to miss on features like the 7-inch TFT touchscreen and auto-hold. The feature of riding modes may also be omitted to bring costs down

Top 5 headlines: Fed hike, Ajay Banga to become World Bank president & more

Business Standard bring you top news headlines at this hour

After Ola, three others to repay customers for 'off-board charger'

All the three electric two-wheeler manufacturers have written to the ministry of heavy industries on Wednesday expressing their willingness to repay customers

Ola Electric clocks highest-ever sales of over 30,000 units in April

Ola is actively augmenting its offline presence through the establishment of numerous Ola Experience Centers (ECs) throughout India to accelerate the adoption of electric vehicles in the country