Tag: Ola Electric
Revenue drops 55% as sales slump over 60%| Business News
Revenue of Ola Electric Mobility Ltd. more than halved in October-December 2025 as its electric two-wheeler sales declined over 60% during the most lucrative quarter…
Ola Electric brings in new CFO as Harish Abichandani exits abruptly| Business News
Ola Electric Mobility Ltd. has appointed Deepak Rastogi as its new chief financial officer, replacing Harish Abichandani who has resigned abruptly. The change is effective…
Veteran consumer internet founders roll up sleeves to launch deeptech, AI startups
India is increasingly witnessing entrepreneurs and senior startup leaders who have built large businesses in the consumer internet space now taking on more complex, longer-gestation…
Ola Electric says secured ₹366.78 crore PLI incentives for FY25| Business News
Ola Electric on Thursday said it has received a sanction order from the Ministry of Heavy Industries for the release of incentives amounting to ₹366.78…
Ola Electric initiates a service reboot amid a sales problem| Business News
Ola Electric Mobility Ltd. has initiated a service reboot to address after-sales woes of a shrinking customer base. Ola Electric’s service problem first cropped up…
Ola Group is said to pause non-core foods business amid downturn at Ola Electric| Business News
Ola Group has paused operations of Ola Foods amid a financial quagmire at Ola Electric Mobility Ltd., so much so that the food-delivery option has…
A 70% slide in Ola Electric sales casts doubt on revised annual target as well| Business News
EV sales of Ola Electric Mobility Ltd. fell to the lowest in at least 36 months in November 2025, even as the erstwhile market leader…
EV maker Ather Energy overtakes Ola Electric in Q2 revenue as losses narrow
Electric two-wheeler maker Ather Energy overtook rival Ola Electric in quarterly revenue in the September quarter of FY26, as it continued to expand sales and…
Revenue up 54%, loss narrows on 67% surge in sales| Business News
Ather Energy Ltd. narrowed its loss in the fiscal second quarter on higher sales from an expanding distribution network. Ather Energy’s sales rose 67% year-on-year…
Ola Electric says LG Energy fears market-share loss in India due to its 4680 Bharat Cell| Business News
Ola Electric Mobility Ltd. has claimed that its homegrown 4680 Bharat Cell and, consequently, the prospect of client loss in India is forcing South Korea’s…