Page 13 - Ola Electric Vehicles

Reliance, Ola Electric, others to get incentives in battery scheme: Report

Reliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters

Ola setting up Futurefoundry in UK, creating $100-mn vehicle design centre

Recent $200 mn funding to help Ola speed up development of other vehicle platforms, including e-motorbike, mass market scooter and electric car

Bhavish Aggarwal-led Ola Electric starts work on building electric cars

According to sources, the SoftBank-backed company is gearing up to launch its electric car by 2024

Ola Electric CEO Bhavish Aggarwal hints at electric car launch soon

Ola Electric is likely working on an electric car as its CEO and Founder Bhavish Aggarwal has dropped hints of the company's prospective entry into the sector.

Bhavish Aggarwal-led Ola Electric valuation tops $5 bn with $200 mn funding

Last October, Ola Electric raised over $200 million, tripling its valuation to $3 billion

Ola Electric to open final payment window for scooter buyers on Jan 21

Ola Electric will open the final payment window on January 21 for all the customers who have already paid Rs 20,000 for its electric scooters, Ola Chairman and Group Executive Officer Bhavish Aggarwal said on Friday. The company, which had last month stated that it has dispatched its electric scooters to all who have purchased in the previous round, will dispatch for the latest purchase during this month and February. Sharing a shot of its electric scooters at the company's factory while extending greetings for Lohri, Sankrati and Pongal, Aggarwal in a tweet said, "Sea of scooters awaits! Final payment window opens Jan 21, 6 pm in Ola App for all customers who've paid (Rs) 20k. We'll dispatch across Jan & Feb." Ola Electric, which had in August last year made a foray into the green mobility space with the launch of its electric scooters, S1 and S1 Pro priced at Rs 99,999 and Rs 1,29,999, respectively, had postponed delivery timelines for its much-anticipated products citing the ...

Ola Electric begins rollout of charging points for its EVs across India

Ola Electric has built its Futurefactory. At full capacity of 10 million vehicles annually, it would be the world's largest two-wheeler factory and would handle 15 per cent of the world capacity

Ola Electric to have 4,000 EV charging points in 2022: CEO Bhavish Aggarwal

As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across cities in next year

Ola's dream of biggest e-scooter factory hits hurdle amid dearth of chips

Mass production of Ola e-scooters is likely to be pushed back until at least January

Ola has received 1 million reservations for its electric scooter: Aggarwal

Indian ride-hailing company Ola has received 1 million reservations for its electric scooter, Chief Executive Officer Bhavish Aggarwal said on Thursday

Ride-hailing company Ola aims to make India global electric vehicle hub

Indian ride-hailing company Ola has received 1 million reservations for its electric scooter, Chief Executive Officer Bhavish Aggarwal said on Thursday, with first deliveries on track for Dec. 15.

Ola Electric manufactures 9 customised scooters for Netherlands embassy

Ola Electric on Wednesday said it is manufacturing nine customised Ola S1 Pro scooters for the Embassy of The Netherlands on a special order. The scooters will be used across the three diplomatic missions of The Netherlands in India and will come painted in the custom orange shade, the official colour of The Netherlands, and will also sport the official logo of country. The units will be delivered to the embassy in New Delhi, and to the Consulates General in Mumbai and Bengaluru, once Ola begins customer deliveries in the coming weeks. "We are excited to build these custom scooters for the embassy of The Netherlands and are proud that they have joined our Mission Electric, which is to ensure that no petrol two-wheelers are sold in India after 2025, Ola Founder and CEO Bhavish Aggarwal said in a statement. In the future, the company would be looking at providing custom paint finishes to customers as well so they can make their Ola S1 uniquely theirs, he added. Ola Electric aims to

SoftBank-backed Ola's COO and CFO to exit firm amid its plans to go public

Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric

Fundraise of $200 mn triples Ola Electric valuation to $3 billion

In July 2019, Ola Electric raised $250 mn from SoftBank, when it was just a two-year-old firm. The investment made the fledgeling venture a unicorn

PLI Scheme for auto sector to promote electric vehicles needs a relook

The government's PLI scheme for automobile makers might leave the electric two-wheeler industry, which has seen a lot of action recently, out in the cold. Let's delve into the details of the matter

India must end petrol two-wheelers by 2027: e-scooter firm Hero Electric

"2027 would be a good time for new sales to be 100% electric," Naveen Munjal, managing director of Hero Electric Vehicles Pvt., said in an interview

Ola Electric sells e-scooters worth Rs 1,100 crore in just two days

Ola group CEO Bhavesh Aggarwal said this is unprecedented not just in the automotive industry, but also in Indian e-commerce history

Ola restarts e-scooter sales after website glitch, bookings on app only

The firm is starting sales in batches and prioritising users based on their dates of reservation

Ola Electric's Futurefactory to be run entirely by as many as 10,000 women

This will make it the world's largest women-only factory and the only all-women automotive manufacturing facility globally

Ola e-scooter factory to be largest all-women plant globally: Aggarwal

Ola co-founder Bhavish Aggarwal on Monday said its electric scooter factory will be run entirely by women and employ over 10,000 women at full scale. "Aatmanirbhar Bharat requires Aatmanirbhar women! Proud to share that the Ola Futurefactory will be run ENTIRELY by women, 10,000+ at full scale! It'll be the largest all-women factory in the world!! Slightly smiling face," he said in a tweet. He also shared a video featuring the first batch of women hired to work at the facility. In a blogpost, Aggarwal said the company welcomed the first batch this week and "at full capacity, Futurefactory will employ over 10,000 women, making it the world's largest women-only factory and the only all-women automotive manufacturing facility globally". This is the first in a series of initiatives Ola is undertaking to create a more inclusive workforce and provide economic opportunities for women across the board, he added. Aggarwal said the company has invested significantly to train and upskill the