Page 19 - Ola Electric Mobility

Ola Electric unveils 5 electric motorcycles, launch planned next year

Ola said the success of the S1 Pro and S1 have cemented its market leadership

Ola launches its new e-scooter S1 Air, prices starting at Rs 84,999

EV manufacturer Ola Electric on Thursday launched its much-anticipated Ola S1 Air e-scooter, which comes available in three variants at a starting price of Rs 84,999

TVS Motors increases market share in electric two-wheeler space

Automaker raises share to over 16% with 9,153 registrations in January

Ola Cabs starts laying-off employees; issues pink slips to 200 people

The company has handed pink slips to 200 people across tech, engineering and product teams as a part of its "restructuring exercise"

Ola Electric launches third software update for its e-scooter customers

Upgrade will give vehicles more than 50 features and improvements, says company

Ola gears up to take on M&M and Tata Motors with electric CV plan

Likely to launch three-& four-wheeler commercial vehicles next year

Move to block Rs 1,100 crore subsidy for EV players arbitrary, says SMEV

Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations

Ola Electric scales up as it plans to gain a lead over competitors

Company will be adding in-house manufacture of motors as well as cells, which account for the bulk of the cost of a scooter

Mulling an IPO for Ola ride-share business next year, says Bhavish Aggarwal

'Looking at synergies with EV business, will announce details soon'

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Plans to roll out electric two-wheelers in every segment in the next 12 months

Ola Electric on track to open 200 experience centres by end of 2022

The experience centres will enable customers to touch and feel Ola scooters, clarify their queries, and avail support both before and after purchase

Top headlines: CDSL malware attack, removal of penal offences from GST law

Business Standard brings you the top headlines at this hour

Ola Electric to charge up capacity to 4 mn; may roll out e-cars from 2024

Ola Electric plans to eventually have the capacity to produce 10 mn two-wheelers, 1 mn cars

Start-ups look to shake up e-car space, refresh form and functions

As of now, Tata Motors Tiago EV priced between Rs 8.49 lakh and Rs 11.79 lakh is the most affordable e-car in India

Tesla's former India policy chief to join e-scooter start-up Ather

Manuj Khurana, who quit his post as Tesla's local head of policy and business development in June, will start next week at Ather Energy

Ola Electric crosses 1 lakh production mark, says CEO Bhavish Aggarwal

The company sells three models of Ola electric scooters, Ola S1, Ola S1 Pro and Ola S1 Air

Ola Electric will miss target to fully utilise production capacity

Ola Electric will miss its target to fully utilise installed production capacity in next six to eight months and will achieve only 50 per cent of it by November 2023, founder and CEO Bhavish Aggarwal said on Friday. At the time of launch of the new S1 Air electric scooter ahead of Diwali last month, he had said the company was already producing more than 1,000 a day at its 'future factory' and would be scaling it up significantly beyond that. "We feel that in the next six to eight months we will exhaust the (current) installed capacity and we are also in parallel expanding our capacity in the future factory," he had said. Company officials had insisted that Ola Electric has a current capacity of 20 lakh units per annum at its factory and it would be exhausted in the next six to eight months. However, in a post on Twitter on Friday sharing the company's production targets, Aggarwal wrote, "Our cumulative production numbers: Dec 2021: 0; Nov 2022: 1,00,000; Nov 2023: 10,00,000; Nov .

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke

Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric

Ola Electric sales reach 20,000 units in October in strong festive season

Ola Electric on Tuesday reported sales of 20,000 units in October 2022. The company, which sells electric scooters S1 Pro and S1, said it registered a strong performance during the festive season. Sales recorded a four-fold growth over daily run rate during Navratras, and ten times on Vijayadashami, the company said in a statement. It has been producing 1,000 units a day on an average . The company, after opening bookings at Rs 499 in July last year for its electric scooters S1 Pro and and S1, started online purchase process in September 2021. It initially planned to start deliveries in October but later pushed the date to November and then again to the second half of December last year.

Can Bhavish Aggarwal's ambitious plans for Ola Electric challenge Musk?

Whether Ola Electric succeeds or not, Aggarwal's admirers seem to agree that he has turbo-charged the EV market, pulling in millions of investment dollars