Ola Electric vehicle registrations decline by 33 pc in November
After a blockbuster sales figure in October due to the festive season, Ola Electric vehicle registrations dropped by 33 per cent in November.
After a blockbuster sales figure in October due to the festive season, Ola Electric vehicle registrations dropped by 33 per cent in November.
As per reports, the regulator has taken cognisance of thousands of complaints against Ola Electric which are growing by the day.
Bhavish Aggarwal-run Ola Electric sold 22,950 electric two-wheelers in the month of September – about 17 per cent drop from last month when it got 27,586 e-scooters registered.
Ola Electric has announced the integration of its battery cells in its own vehicles, starting Q1 FY26.
The Bhavish Aggarwal-run company’s stock dropped 3 per cent to Rs 110 per share. It was, however, still up 45 per cent from its initial public offering (IPO) price of Rs 76 apiece.
Ola Electric has seen two more top-level exits, as it plans for an initial public offering (IPO) in early 2024, the media reported on Saturday.
Ola Electric has seen two more top-level exits, as it plans for an initial public offering (IPO) in early 2024, the media reported on Saturday.
The R&D department of Ola Electric has successfully managed to pack more energy in limited space by using specific chemistry and material.
The company said that special events were organised for the first 100 customers in Bengaluru and Chennai for the deliveries of Ola S1 and S1 Pro e-scooters.
The Ola S1 is priced at Rs 99,999; for the S1 Pro, customers will have to pay Rs 1,29,999 (ex-showroom). These prices include the FAME II subsidy, but exclude state subsidies.
