Many are considering shutting shop as supplies are down to a trickle and operational costs exceed revenues
The hub, spanning 2,000 acres (809 hectares) in the southern Indian state of Tamil Nadu, will be used for manufacturing electric two-wheelers, cars and battery cells
Outlets manage post-sales care and maintenance of company's electric scooters
Ola is also pushing the pedal in the premium electric scooter market ( Rs 1 lakh to Rs 1.5 lakh) where it has a 50 per cent share
Ola said the success of the S1 Pro and S1 have cemented its market leadership
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
Automaker raises share to over 16% with 9,153 registrations in January
The company has handed pink slips to 200 people across tech, engineering and product teams as a part of its "restructuring exercise"
Upgrade will give vehicles more than 50 features and improvements, says company
Likely to launch three-& four-wheeler commercial vehicles next year
Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations
Company will be adding in-house manufacture of motors as well as cells, which account for the bulk of the cost of a scooter
'Looking at synergies with EV business, will announce details soon'
Plans to roll out electric two-wheelers in every segment in the next 12 months
The experience centres will enable customers to touch and feel Ola scooters, clarify their queries, and avail support both before and after purchase
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Ola Electric plans to eventually have the capacity to produce 10 mn two-wheelers, 1 mn cars
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
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
The company sells three models of Ola electric scooters, Ola S1, Ola S1 Pro and Ola S1 Air