Ola Electric: News
Ola Electric Mobility is an Indian company headquartered in Bengaluru, Karnataka. It was founded in 2017 by Bhavish Aggarwal, Ankit Bhati, and other core members. The company’s aim is to work with driver-partners, vehicle manufacturers, and battery companies to produce sustainable technology at cost-effective prices. Their Ola Hypercharger network plan aims at installing over 100K+ charging stations in 400 cities across India. Ola Electric is setting up its EV factory in Tamil Nadu, covering over 100 acres of forest land, and with a 10 million production capacity. The company will also introduce its first electric-based Ola Scooter this year.
20 Mar 2025
Stock MarketOla Electric's stock drops 4% amid scrutiny over sales data
Ola Electric's shares have fallen 4% after reports of regulatory scrutiny over discrepancies in electric scooter registrations.
16 Mar 2025
Bhavish AggarwalOla Electric's subsidiary facing insolvency petitions from vendors
Ola Electric Technologies, a subsidiary of Ola Electric Mobility Ltd, is facing insolvency petitions from two vehicle registration service providers.
10 Mar 2025
Bhavish AggarwalOla Electric's shares down 4% today: Here we decode why
Ola Electric, a leading name in the electric two-wheeler space, has seen its stock price tumble.
05 Mar 2025
Ola S1Ola Electric becomes first 2-wheeler maker to bag PLI-Auto incentives
Ola Electric has become the first two-wheeler EV maker to benefit from the Indian government's Production Linked Incentive Scheme for Automotive and Auto Component (PLI-Auto).
04 Mar 2025
OlaBhavish Aggarwal pulls a Musk, mandates weekly reports from employees
Ola Group's founder Bhavish Aggarwal has launched a new initiative called 'Kya Chai Raha Hai?' (What's going on?) in a bid to improve transparency and accountability in his companies.
03 Mar 2025
Bhavish AggarwalOla Electric is firing over 1,000 employees to curb losses
Ola Electric is laying off over 1,000 employees and contract workers, as per Bloomberg. The move comes as the company attempts to curb its growing losses.
28 Feb 2025
Electric Vehicles in IndiaOla sold 25,000+ EVs in February, remains market leader
Ola Electric has announced a major milestone in its sales performance for February 2025. The company sold more than 25,000 units during this period.
11 Feb 2025
Simple Energy2025 Simple One e-scooter goes official: Better than Ola S1?
Simple Energy has launched the 2025 version of its One electric scooter, now boasting an impressive IDC-claimed range of 248km.
07 Feb 2025
BusinessOla Electric's Q3 loss widens to ₹564cr, revenue down 19%
Ola Electric has reported a massive jump in its net loss for the third quarter of FY25.
05 Feb 2025
Latest BikesOla Electric's first motorbike, Roadster X, launched at ₹75,000
Ola Electric has launched its first electric motorcycle, the Roadster X in India.
03 Feb 2025
Electric BikesOla's first electric motorcycle debuts this week: What to expect
Ola Electric has teased its upcoming electric bike, the Roadster X, on social media. The official launch is slated for February 5.
31 Jan 2025
Bhavish AggarwalOla launches Gen 3 EVs with up to 320km range
Ola Electric has launched its new Gen 3 electric scooter range. The new lineup features the S1 Pro, S1 Pro+, and the more affordable S1 X and S1 X+.
29 Jan 2025
Bajaj AutoBudget 2025: What Indian automakers expect from government this year
The auto industry is eagerly looking forward to the Budget 2025, especially for electric vehicles (EVs) and clean energy initiatives.
11 Jan 2025
Bhavish AggarwalOla Electric gets 3rd CCPA notice over consumer complaints
Leading electric two-wheeler manufacturer Ola Electric has confirmed receiving a third notice from the Central Consumer Protection Authority (CCPA).
08 Jan 2025
Securities and Exchange Board of IndiaOla Electric shares crash 5% as SEBI issues administrative warning
The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Ola Electric Mobility for violating disclosure norms.
01 Jan 2025
Bajaj AutoBajaj overtakes Ola Electric to become India's highest-selling E2W brand
In a major turnaround in India's electric two-wheeler segment, Bajaj Auto and TVS Motor Company have beaten Ola Electric in December 2024 sales.
30 Dec 2024
Ather EnergyOla Electric-rival Ather Energy gets SEBI's approval for IPO
Ather Energy, a leading player in the electric two-wheeler space, has received final approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO).
28 Dec 2024
BusinessTwo top executives at Ola Electric resign amid company restructuring
Leading Indian electric vehicle (EV) manufacturer Ola Electric has announced the resignations of its Chief Marketing Officer (CMO) Anshul Khandelwal, and Chief Technology Officer (CTO) Suvonil Chatterjee.
26 Dec 2024
Ather EnergyIndian EV sector funding declines by over 27% in 2024
India's electric vehicle (EV) sector has witnessed a sharp decline in funding, with investments falling from $934 million in 2022 to $586 million in 2024, according to data from Venture Intelligence.
25 Dec 2024
Electric ScootersOla Electric opens 3,200 outlets as Bajaj leads EV segment
Ola Electric, under founder and CEO Bhavish Aggarwal, has expanded its retail presence from 800 to 4,000 outlets on Christmas.
22 Dec 2024
Ola S1 ProOla Electric unveils S1 Pro Sona with 24K gold elements
Ola Electric has unveiled the S1 Pro Sona, a one-of-a-kind avatar of its electric scooter.
03 Dec 2024
Bajaj AutoWedding season, rural demand to drive India's 2-wheeler sales: HSBC
HSBC has predicted that the wedding season and a spike in rural demand will drive two-wheeler sales in India.
02 Dec 2024
Bhavish AggarwalOla Electric expanding from 800 to 4,000 stores by year-end
Ola Electric has announced an ambitious plan to expand its retail network from the current 800 stores to a staggering 4,000 by December 20. That's a five-fold increase in just three weeks.
02 Dec 2024
Indian GovernmentModi government mulls ₹9,000cr plan to boost EV battery production
The Indian government is said to be mulling a ₹9,000 crore plan, to boost the production of critical battery components for electric vehicles (EVs) and clean energy systems.
26 Nov 2024
Bhavish AggarwalOla's new e-scooters, with removable batteries, start at just ₹40k!
Ola Electric has expanded its product portfolio with the launch of the S1 Z and Gig series of electric scooters.
24 Nov 2024
Bhavish AggarwalOla Electric teases its first scooter with swappable battery
Ola Electric is all set to disrupt the last-mile mobility segment with its upcoming electric scooter.
21 Nov 2024
Bhavish AggarwalOla Electric to lay off 500 employees in restructuring move
Ola Electric is preparing to lay off over 500 employees across different roles as part of a restructuring plan, according to Moneycontrol.
18 Nov 2024
BajajHonda's first electric scooter for India will offer 100km+ range
Honda has dropped a new teaser for its upcoming electric scooter, which is tailored for the Indian market.
14 Nov 2024
AutoConsumer watchdog orders probe into Ola Electric amid rising complaints
The Central Consumer Protection Authority (CCPA) has launched a full-scale investigation into Ola Electric's services and products.
11 Nov 2024
Bhavish AggarwalOla Electric close to achieving profitability, says CEO Bhavish Aggarwal
Ola Electric, a major player in India's electric vehicle (EV) space, is moving closer to profitability.
11 Nov 2024
SoftBank GroupSoftBank set to book $1.87B profit thanks to IPOs
Japanese technology investor, SoftBank Group, is expected to announce a quarterly profit of ¥287 billion ($1.87 billion) today.
09 Nov 2024
Electric Vehicles in IndiaOla Electric to launch 20 new EVs amidst service concerns
Ola Electric has announced plans to launch 20 new electric vehicles (EVs) across different two- and three-wheeler categories in the next two years.
09 Nov 2024
BusinessOla Electric's Q2 loss narrows to ₹495cr on higher sales
Ola Electric has reported a reduced net loss for the second quarter, which ended in September.
21 Oct 2024
Bhavish AggarwalBouncers at Ola service centers? Kunal Kamra makes shocking claim
Stand-up comedian Kunal Kamra has once again targeted Ola Electric, this time over the alleged presence of bouncers at its service centers.
16 Oct 2024
AutoOla Electric hires EY India to fix after-sales service chaos
Ola Electric, a major player in the electric two-wheeler segment, has hired EY India for a "service transformation."
10 Oct 2024
Ratan TataRatan Tata's impact on India's start-up ecosystem: Founders share experiences
Ratan Tata, former chairman of Tata Sons and a stalwart of India's business landscape, passed away at 86.
08 Oct 2024
Electric ScootersOla Electric served notice over alleged consumer rights violation
India's Central Consumer Protection Authority (CCPA) has served a show-cause notice to Ola Electric over violations of consumer rights.
07 Oct 2024
Kunal KamraOla Electric's stock plunges amid CEO's spat with Kunal Kamra
Ola Electric's shares plunged 9.4% to ₹89.7 on Monday's intraday trade on the BSE.
06 Oct 2024
Bhavish Aggarwal'Sit quiet': Bhavish Aggarwal on Kunal Kamra's Ola scooter criticism
Ola CEO Bhavish Aggarwal and comedian Kunal Kamra are engaged in a public dispute, over the service center situation of Ola's electric scooters.
02 Oct 2024
Ola S1Ola S1 EV range available with massive discount of ₹35,000
Ola Electric, a leading Indian electric two-wheeler manufacturer, has announced significant price reductions on its S1 range of electric scooters.
27 Sep 2024
Electric ScootersOla Electric launches HyperService initiative to address after-sales service issues
Ola Electric has launched a new initiative called HyperService, aimed at addressing the growing concerns related to after-sales services.
26 Sep 2024
Bhavish AggarwalOla Electric initiates 'Network Partner Program' to boost EV adoption
Ola Electric, a prominent player in the electric scooter market, has launched its 'Network Partner Program.' This initiative aims to extend the electric vehicle (EV) revolution into tier-2 and tier-3 cities.
23 Sep 2024
Electric ScootersOla Electric's sales decline 34%, complaints surge to 80,000/month
Ola Electric, a prominent electric scooter manufacturer based in Bengaluru, is facing a challenging period marked by declining sales and escalating customer complaints.
