Tag: bajaj auto
Decoding Ola Electric’s dealer pivot: what the shareholders’ letter says
Ola Electric has stopped taking orders at its own direct-to-consumer (D2C) stores, looking to close all of them by December with all new production now…
Ola Electric’s Q2 revenue slumps 39% to Rs 421 crore, losses narrow
Two-wheeler maker Ola Electric reported revenue from operations of Rs 421 crore for the September quarter, down 39% from Rs 690 crore a year earlier,…
Electric two-wheeler sales: Electric two-wheeler sales hit record 2.24 lakh units in October on festive demand, new models
Electric two-wheeler sales in India surged 48% year-on-year (YoY) to 2.24 lakh units in October, marking the highest monthly sales, as festive demand and new…
Electric two-wheeler sales cross 15 lakh in just nine months as adoption rockets
Electric two-wheeler sales in India crossed 15 lakh units in the first nine months of 2026, surpassing the total sales recorded in all of 2025,…
Ola Electric board approves Rs 1,000 crore fundraise via rights issue
The board of Ola Electric has approved a rights issue of partly paid-up equity shares to raise up to Rs 1,000 crore, the electric two-wheeler…
Ola Electric: Ola Electric shares rise 2.5%: What’s behind the gains?
Ola Electric saw its shares rise 2.5% on the bourses on Thursday, its fifth straight day of gains. Analysts said a handful of factors were…
Ola Electric to consider rights issue as it looks to raise fresh capital
Electric two-wheeler maker Ola Electric Mobility will consider raising funds through a rights issue at a board meeting scheduled for September 28, the company said…
Yulu, Bounce seek funds as gig-EV rentals zoom
Electric mobility startups Yulu and Bounce Infinity are in talks to raise $50 million and $20-25 million, respectively, to expand their electric vehicle (EV) rental…
Ola Electric loss narrows to Rs 336 crore, revenue down 45%
Electric two-wheeler maker Ola Electric reported a narrower net loss of Rs 336 crore in the June quarter, from Rs 428 crore a year ago,…
Auto PLI disbursals to reach Rs 4,000 crore in FY27
New Delhi: The government expects to disburse about ₹4,000 crore this fiscal year under the production-linked incentive scheme for automobile and auto components (Auto-PLI). These…