Page 23 - Ola Electric Mobility

Ola to let go of 1,000 employees; hiring aggressively for EV biz: Report

As Ola ramps up its hiring for the electric mobility biz, the urban mobility firm is in the process of firing nearly 1,000 employees, a report said

Ola Electric to locally make battery cells under Centre's PLI scheme

Ola Electric is investing about $500 million for setting up its battery innovation centre (BIC) in Bengaluru

Ola Electric invests $500 mn in Bengaluru-based cell R&D facility

Ola Electric on Monday announced the investment of USD 500 million for setting up its state-of-the-art Battery Innovation Centre (BIC) in Bangaluru. BIC will be one of the world's largest and most advanced cell R&D facilities with more than 165 "unique and cutting-edge" lab equipment to cover all aspects of cell related research and development, the electric vehicles company said. "Ola's BIC will host Proto lines that can produce all form factors Cylindrical, Pouch, Coin, Prismatic cells, it said. The centre will have capabilities to develop complete packages of battery pack design, fabrication and testing under one roof, the company said in a statement. "BIC will also be equipped with in-house production capability of mg to kg scale of anode and cathode material, integrated facility for Hand in Hand Nanoscale analysis and Molecular Dynamics simulation and an in-house crystal structure analysis to develop new battery materials", it said. The BIC will recruit top global talent ...

Ola CEO Bhavish Aggarwal dwells on plans to build electric sports car

Ola Electric aims to become a vertically integrated e-mobility player across two-wheelers and passenger cars; sees a $1 trillion opportunity at a volume of 155 million units

Ola Electric lays out vision; plans to launch motorcycles, SUVs, robotaxis

The SoftBank-backed company expects to turn cash-flow positive in three quarters and highlighted that it has more than 60,000 scooters on the road, according to a Kotak Institutional equities report

Have made India's first indigenously made lithium ion-cell, says Ola

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 unveils lithium-ion cell, to begin mass production by 2023

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

Can Ola Electric ride over the multiple challenges and emerge stronger?

Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face

Ola may lay off up to 500 employees in order to drive cost-efficiency

Layoffs may take place across Ola departments amid challenging funding environment and delay in listing plans

Centre sends show cause notice to Ola Electric, Okinawa, others on EV fires

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

Electric vehicles brace for trial by fire as firms remain optimistic

Between January-June, the eight players registered collectively a total of 212,000 electric scooters

Ola Electric's charging network head quits; 32nd resignation since 2020

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 slips to 4th place with 5,753 e-scooter registrations

Ola Electric's registration figures have fallen by 33 per cent on the last day of June compared to the last day of May

Ola Electric's HR Director quits after 14 months as top executives depart

The resignation drive of senior executives at Ola Electric continues and now, its Director HR Ranjit Kondeshan has decided to move on.

Will cross $1-bn revenue run rate by year-end, predicts Ola Electric

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

Ola FutureFactory 2022

The Futurefactory spread over 500 acres or about 378 football fields is a fully automated factory >

Goodbye to petrol two-wheelers by 2025! Ola building core tech for e-car

SoftBank-backed Ola said it uses proprietary artificial intelligence for optimal performance

Ola in talks with multiple global suppliers for $1-bn cell manufacturing

Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually

'Thanks, but no thanks,' says Ola Electric's Bhavish Aggarwal to Elon Musk

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