Page 8 - Ola Electric Mobility

Ola Electric Q3 results: Net loss widens to Rs 564 cr, revenue drops 19%

Its revenue from operations in Q3FY25 dropped 19.36 per cent to Rs 1,045 crore, down from Rs 1,296 crore in the same period last year (YoY)

Ola Electric Q3 results: Company reports a wider loss of Rs 564 crore

SoftBank-backed firm reported a loss of Rs 564 crore ($64.51 million) in the October-to-December quarter, compared to a loss of Rs 376 crore a year earlier

Q3 results today: LIC, M&M, and Mazagon Dock to post earnings on Feb 7

Q3FY25 company results, February 7: Edelweiss Financial, Delhivery, Sun TV, Ola Electric Mobility, and Dreamfolks Services will be among 234 companies releasing report for the Oct-Dec quarter

Ola Electric enters EV motorcycle segment with launch of Roadster X series

Deliveries for the Roadster series are set to begin in mid-March. The company has been teasing the launch of its electric motorcycles multiple times

Ola Electric forays into e-bike segment with Roadster X series

Ola Electric on Wednesday said it has forayed into the electric motorcycle segment with the launch of its Roadster X series. Built on the company's scalable motorcycle platform, the all-new Roadster X series comes with 2.5kWh, 3.5kWh and 4.5kWh variants priced at Rs 74,999, Rs 84,999 and Rs 94,999, respectively. The Roadster X+ 4.5kWh is priced at Rs 1,04,999 and Roadster X+ 9.1kWh (with 4680 Bharat Cell) that offers a range of 501 km per charge is tagged at Rs 1,54,999, the Bengaluru-based company said in a statement. "Motorcycles are at the heart of India's mobility landscape. With our electric motorcycles, we're driving the EV revolution deeper into the core of Indian mobility," its Chairman & Managing Director Bhavish Aggarwal said. After transforming the scooter market and making EVs mainstream, the company's futuristic Roadster series of motorcycles is here to accelerate the EV adoption further and make electric the first choice for every rider in India, he added. "The ...

Ola Electric Mobility enters EV motorcycle segment; shares gain 3%

Ola Electric Mobility shares scaled their all-time high of Rs 157.53 on the BSE on August 20, 2024, while their 52-week low of Rs 64.68 was recorded on January 28, 2025

Ola Electric leads with a 25% market share in e-scooters: Bhavish Aggarwal

Ola Electric on Friday said it has reclaimed market leadership in the electric two-wheelers segment with 22,656 registrations recorded in January. On the back of the strong S1 portfolio and the recently expanded sales and service network to 4,000 stores across India, the company witnessed a 65 per cent growth month-on-month and improved its market share to 25 per cent this month, the Bengaluru-based firm said in a statement. The company on Friday launched eight scooter models under the S1 brand, developed on its Gen 3 platform, priced between Rs 79,999 and Rs 1,69,999. "With Gen 3, the company is taking a big leap forward in performance, safety, efficiency reliability," it noted. With a new range based on the Gen 3 platform and the recent journey back to the top of the leaderboard, the company hopes to increase the gap with the legacy automakers, Ola Electric said.

Ola Electric unveils S1 Gen 3 portfolio, launches 8 new scooters

Ola Electric said the Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability

Ola Electric soars 14% after launching 8 new Gen 3 variants of S1 portfolio

Ola Electric launched 8 new scooters across mass and premium segments on Friday, extending its S1 portfolio with Gen 3 features

Chennai auto and cab drivers to boycott Ola, Uber from Feb 8: Here's why

Drivers plan to continue using local aggregator-apps like Namma Yatri, which charge a fixed daily subscription fee instead of commission-based deductions

Ola set to unveil electric scooter based on Gen 3 platform on Jan 31

Ola Founder Bhavish Aggarwal on Wednesday said electric scooter based on Gen 3 platform will be unveiled later this week. "Ringing the 'Next Level' with @OlaElectric Gen 3 scooters! We've significantly surpassed Gen 2 products in every way -- much higher performance, more features, great design! And a surprise to change the industry all over again," he stated on X. The Bengaluru-based Ola Electric will unveil the product range on January 31. Ola Electric expects the new platform to bring in around 20 per cent margin savings. Some savings will come in in January and then many more every quarter as all of the Gen 3 technologies come into play, he stated during the Q2 call with analysts. "In terms of gross margin, we expect about a 20 point improvement as Gen 3 plays out over the next 12 months step-by-step," he noted. During the call, Aggarwal had mentioned that in Gen 3 upgrade, the company is doing re-architecture of the motor platform which reduces cost, increases power ...

Bears on the prowl as markets turn skittish; individual stocks hit hard

Market insiders reveal that bears are homing in on vulnerable stocks with lofty valuations, promoter share pledging, and negative news triggers

Sebi warns Ola Electric over disclosure norms violation, its shares fall 4%

The company's MD had disclosed expansion plans on social media before information on stock exchanges

Ola Electric share tanks 5% on Sebi's administrative warning; details here

The fall in Ola Electric share price came after the markets regulator Securities and Exchange Board of India (Sebi) issued an administrative warning letter over disclosure violations

Markets regulator Sebi warns Ola Electric for violating disclosure norms

According to the letter issued by Sebi, the electric vehicle manufacturer announced its expansion plans on microblogging platform X (formerly Twitter), before informing the exchanges

Ola Electric stock plummets 5% as CTO, CMO resign citing personal reasons

Shares of Ola Electric Mobility fell 4.61 per cent at Rs 85.93 a piece on the BSE in Monday's intraday trade

Ola Electric CMO Anshul Khandelwal, CTO Suvonil Chatterjee resign

According to the sources, the executives leaving the firm are part of the restructuring efforts at Bhavish Aggarwal-led electric vehicle maker

Ola Electric Powers Up: Expands to 4,000 stores, share price zooms 6%

The rally in Ola Electric share price came after the company announced that it has expanded its network to 4,000 stores nationwide, registering a four-fold increase from the existing network

Ola marks 4,000-store milestone with tier-3 town EV network expansion

The electric vehicle company said it is committed to driving large-scale EV adoption enabling deeper penetration beyond tier-1 and tier-2 cities to almost every town and tehsil across India

Ola Electric adds 3,200 new outlets to improve after-sales service

Ola Electric grows its network to 4,000 showrooms and service centres following consumer complaints and social media backlash on product quality and after-sales service