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1 min read

Ola Electric cuts 500 jobs across verticals

"It has been going on for some time now, starting around July. It has been a gradual process of…

PTI   


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4 mins read

Shares of Ola Electric have tapered down from their record-highs. Is this a good time to buy in?

Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in…

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2 mins read

Bhavish Aggarwal's OLA Electric says it has resolved 99% customer complaints after receiving CCPA show cause notice

Ola Electric says that it has resolved 99.1% of the 10,644 complaints filed by the Central Consumer…

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2 mins read

Weekend wrap: Real estate dominates India's investment portfolios, interview tips from Amazon employee and more

This week's news roundup highlights India's real estate sector's dominance in investment portfolios…

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2 mins read

Ather Energy looks to raise ₹3,100 crore, files IPO papers with SEBI

Electric two-wheeler manufacturer Ather Energy has announced that it is going public and raising ₹3…

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2 mins read

Ola Electric Mobility losses widen to ₹347 crore in Apr-Jun quarter

Revenue from operations for the quarter under review was Rs 1,644 crore against Rs 1,243 crore …

PTI   


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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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2 mins read

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that…

ANI   


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2 mins read

Ola Electric IPO – MapMyIndia accuses company of stealing map data days before IPO opens

Ola Electric is all set to raise funds from the primary market through an initial public offering (…

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2 mins read

Finally a solution to EV range anxiety? Samsung is testing a battery that can run for 1000 km and charge in 9 minutes!

Samsung's solid-state battery promises a 1000 km range and 9-minute charging time, which could alle…

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3 mins read

India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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1 min read

Bira 91 raises $25 mn to expand manufacturing footprint

B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new fund…

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1 min read

Ola Electric raises Rs 3,200 cr to fund EV business

The Bengaluru-based firm aims to accelerate its growth by ramping up its two-wheeler manufact…

PTI   


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3 mins read

Electric scooter sales grow 26% in January as Bajaj, Ather jostle behind TVS and Ola

The electric two-wheeler market in India has reported a year-on-year growth of 26% in January 2024,…

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2 mins read

Ola Electric is reportedly in talks with global suppliers to build a battery cell manufacturing unit in India

As part of its broader electrification push, the firm plans to invest in companies with advanced…

PTI   


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3 mins read

No FAME, no gain? India’s electric two-wheeler sales decline after increase in prices

The sales of electric two-wheelers in India have plummeted in June 2023 following an increase in pr…