Mass production to begin in 2023 at upcoming Gigafactory; firm says use of specific chemistry and materials enables the cell to pack more energy, improves its overall life cycle
Ola Electric on Tuesday unveiled an indigenously developed lithium-ion cell -- NMC 2170 -- and the company will begin the mass production of its cell from its upcoming Gigafactory by 2023
Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face
Layoffs may take place across Ola departments amid challenging funding environment and delay in listing plans
Alarmed at the unabated EV fire incidents, the Centre has now sent show cause notices to EV manufacturers like Ola Electric, Okinawa Autotech and Pure EV, among others
Between January-June, the eight players registered collectively a total of 212,000 electric scooters
There is no stopping resignations at Ola Electric as now, Yashwant Kumar, who is Senior Director and Business Head for Charging Networks at the company, has decided to move on
Ola Electric's registration figures have fallen by 33 per cent on the last day of June compared to the last day of May
The resignation drive of senior executives at Ola Electric continues and now, its Director HR Ranjit Kondeshan has decided to move on.
The SoftBank-backed electric vehicle firm said it has surpassed Rs 500 crore revenue in its first two months of FY 22-23, and is on track to surpass the $1 billion revenue run rate by end of this year
The Futurefactory spread over 500 acres or about 378 football fields is a fully automated factory >
SoftBank-backed Ola said it uses proprietary artificial intelligence for optimal performance
Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually
Tesla, which has been seeking reduction in import duties to sell its vehicles in India, won't manufacture its products locally unless it is allowed to first sell its cars in the country, its CEO said
Many other users too joined him with countless stories of quality issues, breakdowns and poor after-sales experiences on the same thread
The exits come at a time when Ola is reportedly planning its IPO this year at a lower valuation than planned earlier as several startups' IPOs have proved to be a nightmare for the investors
April saw the first month-on-month drop in registrations, after a 58 per cent jump in March
Ride-hailing firm has deferred its proposed IPO, and is said to be tackling a string of exits by senior executives.
Neither the industry nor the government has focused on standards and safety norms