Tag: Ola Electric

Ather Energy's sales rose 67% year-on-year to 65,595 units for a market share that improved 530 basis points to 17.4% in Q2 FY26. (Tushar Deep Singh/HT)
Posted in Business

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…

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The 4680 Bharat Cell is a lithium-ion battery cell manufactured by Ola Cell Technologies Pvt. Ltd. at its Ola Gigafactory in Tamil Nadu. (Handout)
Posted in Business

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…

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Tiger Global exits Ather Energy, selling entire stake for Rs 1,204 crore
Posted in Startups

Tiger Global exits Ather Energy, selling entire stake for Rs 1,204 crore

New York-headquartered investment firm Tiger Global has exited Ather Energy, selling its entire 5% stake in the electric two-wheeler maker through open market transactions on…

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Ola Electric founder Bhavish Aggarwal. (Reuters)
Posted in Business

Revenue plunges 43% on sliding sales, loss narrows| Business News

Ola Electric Mobility Ltd. narrowed its losses in July-September 2025 even as revenue plunged 43%, amid fewer takers for electric two-wheelers. Ola Electric founder Bhavish…

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Ola Electric commences deliveries of electric scooter with in-house 4680 Bharat Cell
Posted in Startups

Ola Electric commences deliveries of electric scooter with in-house 4680 Bharat Cell

Ola Electric on Wednesday said it has commenced deliveries of the S1 Pro+ scooter with its 4680 Bharat Cell. The S1 Pro+ (5.2kWh) is the…

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Ola Electric Tech gets Rs 250 crore from Ola Cell Tech
Posted in Startups

Ola Electric Tech gets Rs 250 crore from Ola Cell Tech

Electric two-wheeler maker Ola Electric Mobility told the exchanges on Thursday that its manufacturing arm, Ola Electric Technologies (OET), is looking to raise Rs 250…

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Ola’s Bhavish Aggarwal tells HC campaign over employee suicide hurt company’s image
Posted in Startups

Ola’s Bhavish Aggarwal tells HC campaign over employee suicide hurt company’s image

Ola Electric founder Bhavish Aggarwal urged the Karnataka High Court to restrain the brother of an employee who died by suicide from carrying on with…

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Ola Electric operates its own stores and service centres in India, in a departure from the industry norm of dealership model. (Tushar Deep Singh/HT)
Posted in Business

Ola Electric scales up Hyperservice to open source its spares, service business| Business News

Ola Electric Mobility Ltd. has scaled up its so-called Hyperservice initiative to open source its proprietary service infrastructure and technology, a move the company says…

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Ola Electric scales up service network into open platform for spare parts, service
Posted in Startups

Ola Electric scales up service network into open platform for spare parts, service

Ola Electric on Monday announced that it is scaling up its proprietary service infrastructure and technology vertical by providing access to independent garages and fleet…

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Ola Electric board to decide on fresh funding in Oct 25 meet
Posted in Startups

Ola Electric board to decide on fresh funding in Oct 25 meet

The board of electric two-wheeler maker Ola Electric Mobility will convene on October 25 to decide on raising fresh funds by issuing equity shares, according…

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