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<ul><li><keyword id="19897349" type="General" weightage="100" keywordseo="Ola-Electric" source="keywords">Ola Electric</keyword> says it has resolved over 99% complaints</li><li>The company's stock price also surged</li><li><keyword id="19945904" type="General" weightage="20" keywordseo="ola" source="keywords">Ola</keyword> had received a show cause notice from <keyword id="20127554" type="General" weightage="20" keywordseo="CCPA" source="keywords">CCPA</keyword></li></ul> Two-wheeler manufacturer Ola Electric has announced that it has successfully addressed 99.1% of the 10,644 complaints raised by the Central Consumer Protection Authority (CCPA). This update comes on the heels of a recent notice from the CCPA, which had accused the company of misleading advertisements, unfair trade practices, and potential consumer rights violations. <h2>Ola Electric claims to solve 99.1 percent complaints </h2> The company, which received the notice on October 7, was given a 15-day window to respond to the allegations. In a regulatory filing dated October 21, Ola Electric revealed that it had provided the necessary clarifications and information to the CCPA, reinforcing its commitment to customer satisfaction. "We wish to emphasise that out of 10,644 complaints that we received from the CCPA, 99.1 per cent of the complaints were resolved to the complete satisfaction of the customer as per Ola Electric's robust redressal mechanism," the company said as per a PTI report. <div type="Article" hostid="261" msid="113984574" title="‘Comedian ban na sake, Chaudhary banne chale’: Ola CEO Bhavish Aggarwal after Kunal Kamra criticises Ola EV service" mstype="2" mssubtype="0"></div> Additionally, as per a News18 report, 3,364 complaints were linked to slow service and repair issues, while 1,899 centred around delayed deliveries of Ola’s electric scooters. Another 1,459 complaints focused on unmet service commitments, contributing to widespread frustration among customers. Other grievances included claims of misleading advertisements, which overstated the scooters’ performance, features, and availability. To improve its after-sales service, Ola also reportedly partnered with consultancy firm EY, focusing on streamlining spare parts management and enhancing customer support. <h2>Stocks see a rise</h2>After the announcement, Ola Electric Mobility’s stock saw a sharp rise of over 4% in early trading on Tuesday. The company’s shares surged by 4.45%, hitting a peak of Rs 85.30 on the BSE after it reported resolving approximately 99.1% of the 10,644 complaints lodged with the CCPA. This positive development comes as Ola Electric works to strengthen its customer service and address regulatory concerns. <h2><keyword id="19914967" type="General" weightage="20" keywordseo="Bhavish-Aggarwal" source="keywords">Bhavish Aggarwal</keyword> vs <keyword id="2682024" type="General" weightage="20" keywordseo="kunal-kamra" source="Orion">Kunal Kamra</keyword> </h2> However, Ola Electric’s journey hasn’t been entirely smooth, especially for its CEO, Bhavish Aggarwal, who recently found himself in a public spat on X with comedian Kunal Kamra. <div type="Article" hostid="261" msid="114004646" title="'Pay your staff properly, solve the 80,000 complaints first': Internet reacts on Ola CEO Bhavish Aggarwal and Kunal Kamra feud" mstype="2" mssubtype="0"></div> What started as a Sunday afternoon tweet by Kamra criticising Ola Electric’s S1 series scooters quickly escalated into a fiery exchange with the Ola Electric boss. It all began when Kamra had posted a picture showing several Ola scooters gathering dust at a dealership, highlighting concerns over poor service. However, the situation intensified when Aggarwal responded, accusing Kamra of posting a “paid tweet” and launching personal digs at the comedian’s career.

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

Bajaj Freedom 125 CNG vs popular electric scooters: Which one should you pick?

<ul><li><keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="153" meta.entityid="Ola Electric">Ola Electric</keyword> has announced its plans to expand its sales and service infra to 10,000 outlets.</li><li>The company said it plans on reaching this by the end of 2025 and has initiated a network partner programme.</li><li>The programme is aimed at pushing sales into tier-2 and tier-3 cities.</li></ul>Bhavish Aggarwal-led Ola Electric on Thursday said it will establish 10,000 sales and service outlets by the end of 2025 to expand its reach across smaller cities and towns. The electric two-wheeler maker said it has initiated a network partner programme aimed at taking EV sales further into tier-2 and tier-3 cities, including urban pockets where EV penetration remains low. Under the initiative, the company has reportedly on-boarded 625 partners to expand its sales footprint across India, it said in a statement. The company further plans to have 1,000 partners ahead of the festive season this year, it added. <div type="twitter" handle="bhash" handlename="bhash" favoritecount="0" retweetcount="0" id="1839215479480549447"></div> Ola Electric said it aggressively plans to expand its network by on-boarding 10,000 partners, across sales and service, by the end of 2025. This, the company claims will give it an edge over its competitors. The company currently has around 800 company-owned stores, and with the network partner programme, it will have nearly 1,800 sales and service touch points ahead of the upcoming festive season. "Our D2C model has been extremely successful in driving sustainable business growth. The Network Partner Program will further amplify the benefits of our D2C network as it requires limited capital investment from partners and can be scaled up really fast," Ola Electric Chairman and MD Bhavish Aggarwal stated. While the company-owned stores will be the anchors of sales and service network, this programme will be instrumental in expanding the EV footprint deeper into the urban and rural markets, he added. "We will continue to expand and invest in our front-end network to accelerate EV adoption to #EndICEAge, and by the end of next year, will have 10,000 Network Partners across the country," Aggarwal said. Ola Electric sells electric scooters and bikes priced from ₹74,999 to ₹1,99,999. Ola Electric reported a sale of 27,506 units in August 2024, up from 18,749 vehicles sold in August 2023, reporting a 46.7% year-on-year growth. This is however lower than its July 2024 sales of 41,711 vehicles. The sale of <keyword id="19895203" type="General" weightage="20" keywordseo="electric-vehicles" source="keywords">electric vehicles</keyword> has slowed down, amid reduced subsidies, an increase in customer issues with the vehicles and more. With inputs from agencies. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-is-using-ai-powered-technology-to-block-spam-calls-and-messages/articleshow/113691942.cms">Airtel is using AI-powered technology to block spam calls and messages</a> <a href="https://www.businessinsider.in/stock-market/webstories/diffusion-engineers-ipo-quick-review-ipo-gmp-risk-factors-and-more/slidelist/113687580.cms">Diffusion Engineers IPO quick review – IPO GMP, risk factors and more</a> <a href="https://www.businessinsider.in/stock-market/news/manba-finance-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/113667907.cms">Manba Finance IPO allotment – How to check allotment, IPO GMP, listing date and more</a>

Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

<keyword id="19897349" type="General" weightage="100" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword> CEO <keyword id="19914967" type="General" weightage="20" keywordseo="Bhavish-Aggarwal" source="keywords">Bhavish Aggarwal</keyword> recently made headlines for engaging in a war of words with comedian <keyword id="20947562" type="General" weightage="20" keywordseo="Kunal-Kamra" source="keywords">Kunal Kamra</keyword> on Twitter (X). The comedian had criticised Ola EV's customer service, sharing photos of Ola scooters gathering dust at a dealership. Aggarwal was quick to respond to his post, saying that he can pay him more for what he got for this "paid tweet." Now, a day after the spat, Ola Electric has been slapped with a show-cause notice by <keyword id="20127554" type="General" weightage="20" keywordseo="CCPA" source="keywords" meta.keywordsubtype="org" meta.entityname="CCPA" meta.hostid="261" meta.entityid="CCPA">CCPA</keyword> (Central Consumer Protection Authority) for increased customer service complaints. <h2>CCPA issues show-cause notice to Ola Electric </h2> According to a report in ANI, the CCPA took official action against Ola Electric on October 8, issuing the notice to the company in response to a growing number of grievances from consumers regarding the its electric scooters. According to a filing made by Ola Electric, the company acknowledged receipt of the notice, confirming that it would respond to the CCPA within the 15-day timeline provided. The notice, which currently does not impose financial penalties, signals the government’s intent to address concerns over <keyword id="21054298" type="General" weightage="20" keywordseo="consumer-rights" source="keywords">consumer rights</keyword> violations and misrepresentation. Ola Electric reassured stakeholders that this regulatory development would not affect its financial or operational activities in the immediate term. <div type="Article" hostid="261" msid="114004646" title="'Pay your staff properly, solve the 80,000 complaints first': Internet reacts on Ola CEO Bhavish Aggarwal and Kunal Kamra feud" mstype="2" mssubtype="0"></div> <h2>Complaints against Ola Electric</h2> The notice from the CCPA comes amid a surge in consumer dissatisfaction regarding Ola Electric’s scooters, which has become increasingly evident both through official channels and on social media. The National Consumer Helpline has received over 10,000 complaints regarding issues such as delayed deliveries, service inefficiencies, and persistent mechanical problems with Ola scooters. Allegations of <keyword id="20610549" type="General" weightage="20" keywordseo="misleading-advertisements" source="keywords">misleading advertisements</keyword> and unmet service promises have further eroded trust in the company, which initially captured consumer enthusiasm with its vision of accessible, eco-friendly transportation Specifically, many complaints have centered around recurring issues with vehicle components, delays in promised services, and unfulfilled refund requests following booking cancellations. This growing wave of discontent has pushed the regulatory spotlight onto the company, forcing it to confront its service shortcomings more directly. <h2>Kunal Kamra vs Bhavish Aggarwal </h2> The growing backlash against Ola Electric came into sharp public focus when comedian Kunal Kamra took to social media to criticize the company’s service failures. In a post on X, Kamra shared a photograph of an Ola dealership with several scooters gathering dust. He tagged prominent figures like Nitin Gadkari, Minister of Road Transport and Highways, questioning the state of EV adoption in India and calling on the Department of Consumer Affairs to weigh in on the matter. <div type="Article" hostid="261" msid="113984574" title="‘Comedian ban na sake, Chaudhary banne chale’: Ola CEO Bhavish Aggarwal after Kunal Kamra criticises Ola EV service" mstype="2" mssubtype="0"></div> Kamra’s post quickly garnered attention, inviting frustrated consumers to share their experiences with Ola Electric in the comments. In response, Ola Electric CEO Bhavish Aggarwal fired back, accusing Kamra of engaging in a “paid tweet” to damage the company’s reputation. Aggarwal challenged Kamra to work with Ola to improve services, offering to pay him more than what he supposedly earned from his comedic career. The heated exchange between the two personalities quickly went viral and got people talking. <h2>Share Prices plummet </h2> The consumer dissatisfaction and negative publicity surrounding the company have had immediate repercussions in the financial markets. Following the social media spat between Kamra and Aggarwal, Ola Electric’s share prices took a significant hit, falling by 8% to Rs 90.82 on the BSE. This marks a 43% drop from the company’s all-time high of Rs 157.5, though the stock remains 18% above its IPO price of Rs 76.

Government takes action against Ola Electric for customer complaints, Bhavish Aggarwal’s company slapped with show-cause notice

Electric scooters get a price hike of up to ₹16,000 as FAME subsidy ends

<ul><li>The <keyword id="22203694" type="General" weightage="20" keywordseo="Indian-electric-two-wheeler-market" source="keywords">Indian electric two-wheeler market</keyword> crossed the 1 lakh sales mark after four months.</li><li><keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword> has emerged as the market leader with a market share of nearly 40%.</li><li>The Indian government recently extended <keyword id="48070" type="General" weightage="20" keywordseo="emps" source="Orion">EMPS</keyword> till September 2024.</li></ul> The Indian electric two-wheeler market is finally recovering after months of<a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-crater-in-april-2024-as-prices-increase-amid-reduced-subsidies/articleshow/109806054.cms"> subdued sales</a> after the reduction in <keyword id="21004406" type="General" weightage="20" keywordseo="FAME-subsidy" source="keywords">FAME subsidy</keyword>. The FAME subsidy scheme was replaced by the Electric Mobility Promotion Scheme (EMPS) 2024, which was been<a href="https://www.businessinsider.in/business/auto/news/government-extends-ev-subsidy-scheme-till-september-30-increases-outlay/articleshow/112062360.cms"> extended</a> till September 30, 2024. In the month of July 2024, 1,06,949 electric scooters were sold in India, up from 54,616 electric scooters sold in July 2023, recording a 96% year-on-year increase. <div type="Article" hostid="261" msid="112062360" title="Government extends EV subsidy scheme till September 30, increases outlay" mstype="2" mssubtype="0"></div> This is also significantly higher from June 2024, when 79,868 electric scooters were sold in the country. The electric scooter sales have crossed the 1 lakh mark for the first time in the last four months. <h2>Ola Electric leads the market</h2>Ola Electric, which is currently raising funds through an<a href="https://www.businessinsider.in/stock-market/webstories/ola-electric-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112185870.cms"> initial public offering </a> (IPO) continues to lead the Indian electric two wheeler market with a share of nearly 40%. The company recorded sales of 41,597 electric scooters in July 2024, up from 19,406 scooters sold in July 2023, recording a 114% year-on-year increase in sales. With this, the company recorded a market share of 39%. <h2><keyword id="46156" type="General" weightage="20" keywordseo="tvs-motor" source="Orion">TVS Motor</keyword> emerges a distant second</h2>TVS Motor has emerged a distant second, selling 19,471 electric scooters in July 2024, up from 10,398 scooters sold in July 2023, recording an increase of 87%. With this, the company commanded a market share of 18% in July 2024. Bajaj Auto is next, having sold 17,642 scooters in July 2024, up from 4,128 electric scooters sold in July 2023, recording a 327% year-on-year increase. The company has a 16% market share. Ather Energy, which recently launched the<a href="https://www.businessinsider.in/business/auto/news/ather-rizta-electric-scooter-launched-in-india-starting-at-rs-109999/articleshow/109128809.cms"> Rizta</a>, the company’s first electric scooter has been pushed to the fourth spot, with 10,080 scooters sold in July 2024, recording a year-on-year increase of 51%. The company has a 9% market share. Next is Hero MotoCorp, which sold 5,044 electric scooters in July 2024, up from 990 units sold in July 2023, recording a 410% growth. The company recorded a 5% market share. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/indian-stock-market-from-us-recession-fears-to-tensions-in-the-middle-east-heres-why-the-markets-are-falling/articleshow/112281946.cms">Indian stock market – From US recession fears to tensions in the Middle East, here’s why the markets are falling</a> <a href="https://www.businessinsider.in/stock-market/webstories/brainbees-solutions-firstcry-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112278766.cms">Brainbees Solutions (Firstcry) IPO – Price band to risk factors, all you need to know</a> <a href="https://www.businessinsider.in/business/auto/news/maruti-suzuki-tata-motors-hyundai-and-other-automakers-report-a-decline-in-sales-in-july-2024/articleshow/112226500.cms">Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024</a>

Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market

<ul><li><keyword id="19897349" type="General" weightage="20" keywordseo="ola-electric" source="keywords">Ola Electric</keyword> has announced a temporary price cut for its electric scooters in India.</li><li>The <keyword id="19945904" type="General" weightage="20" keywordseo="ola" source="keywords">Ola</keyword> S1 X+, the company’s affordable offering is now available at ₹84,999, ex-showroom.</li><li>Ola Electric is the latest EV maker to announce a price cut, after Ather Energy, <keyword id="19906967" type="General" weightage="20" keywordseo="tata-motors" source="keywords">Tata Motors</keyword> and MG Motors among others.</li></ul> Ola Electric has become the latest EV maker to announce a price cut for its electric vehicles. The Bhavish Aggarwal-led company has announced a temporary price cut of up to ₹25,000 for its electric scooters. Ola Electric has said that this is a temporary price cut that is applicable till the end of February. This comes over a month after Ather Energy announced a permanent<a href="https://www.businessinsider.in/business/auto/news/ather-450s-electric-scooter-price-cut-only-five-months-after-launch/articleshow/106700488.cms"> price cut</a> of ₹20,000 for the<a href="https://www.businessinsider.in/business/auto/news/ather-announce-new-electric-scooter-450s/articleshow/102642216.cms"> Ather 450S</a> electric scooter. <a href="https://www.businessinsider.in/business/auto/news/tata-motors-cuts-ev-prices-by-up-to-1-2-lakh-as-battery-cost-dips/articleshow/107656497.cms">Tata Motors</a> and<a href="https://www.businessinsider.in/business/auto/news/mg-comet-price-slashed-indias-most-affordable-ev-gets-cheaper/articleshow/107451916.cms"> MG Motor</a> are among the other EV companies that recently announced price cuts. <div type="twitter" handle="bhash" handlename="bhash" favoritecount="0" retweetcount="0" id="1758384795590263102"></div> “You asked, we delivered! We’re reducing our prices by upto ₹25,000 starting today for the month of Feb for all of you!! Breaking all barriers to #EndICEage! Valentine’s Day gift for all our customers,” said Bhavish Aggarwal in a post on X. The price of its affordable offering, the Ola S1 X+ has been reduced from ₹1,09,999 to ₹84,999. The mid-range offering, the Ola S1 Air is now available for ₹1,04,999, down from ₹1,19,999. The premium Ola S1 Pro is available at ₹1,29,999, down from ₹1,47,999. All of the mentioned prices are ex-showroom. <cmsannotation type="cmsannotation" annotationid="Discounts aimed at boosting sales" comment="subhead" text="Discounts aimed at boosting sales">Discounts aimed at boosting sales</cmsannotation> Ola had announced similar discounts in January 2024 as well so we expect this to become a recurring offer as the company looks to continue leading the<a href="https://www.businessinsider.in/business/auto/news/ola-electric-continues-to-lead-the-segment-in-electric-scooters-in-january-2024/articleshow/107424791.cms"> electric two wheeler market</a> and take on internal combustion engine (ICE) vehicles. <cmsannotation type="cmsannotation" annotationid="Ola S1 X+ to take on ICE vehicles" comment="subhead" text="Ola S1 X+ to take on ICE vehicles">Ola S1 X+ to take on ICE vehicles</cmsannotation> One of the issues with EVs has been the price difference between them and similar ICE two-wheelers. With this price cut, the Ola S1 X+ takes on the likes of the Activa and <keyword id="20382513" type="General" weightage="20" keywordseo="suzuki-access" source="keywords">Suzuki Access</keyword>, which are priced around the ₹80,000 mark. During an event, Bhavish Aggarwal had said that the company wants to compete not just with EVs but the top ICE makers such as Honda and <keyword id="20032993" type="General" weightage="20" keywordseo="suzuki" source="keywords">Suzuki</keyword>. For context, Ola Electric sold 32,160 scooters in January 2024 while Honda sold 1,73,760 units of the Activa during the same period. <cmsannotation type="cmsannotation" annotationid="Ola Electric vs other EVs" comment="subhead" text="Ola Electric vs other EVs">Ola Electric vs other EVs</cmsannotation> The Ola S1 X+ which is currently priced at ₹84,999 and the Ola S1 Air, priced at ₹1,04,999 take on the Ather 450S electric scooter, which is currently available at ₹1,09,999. Interestingly, the Ola S1 Pro has now become the most affordable option in the premium electric scooter segment. The Ola S1 Pro, which is priced at ₹1,29,999 takes on the <keyword id="20036540" type="General" weightage="20" keywordseo="tvs" source="keywords">TVS</keyword> iQube S priced at ₹1,40,025, the Ather 450X which is priced at ₹1,68,000 and the Bajaj Chetak which is priced at ₹1,44,463. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/webstories/retro-turned-electric-after-chetak-kinetic-luna-also-gets-a-new-lease-of-life/slidelist/107523076.cms">Retro turned electric – After Chetak, Kinetic Luna also gets a new lease of life</a> <a href="https://www.businessinsider.in/business/auto/news/mg-comet-price-slashed-indias-most-affordable-ev-gets-cheaper/articleshow/107451916.cms">MG Comet price slashed – India’s most affordable electric car gets cheaper</a> <a href="https://www.businessinsider.in/business/auto/news/ola-electric-continues-to-lead-the-segment-in-electric-scooters-in-january-2024/articleshow/107424791.cms">Electric scooter sales grow 26% in January as Bajaj, Ather jostle behind TVS and Ola</a>

Ola Electric cuts prices of scooters to compete with ICE two-wheelers

New Delhi: The adoption of <keyword id="20643295" type="General" weightage="100" keywordseo="Electric-two-wheeler" source="keywords">electric two-wheeler</keyword> vehicles in <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> is on a gradual rise and it is expected that their share will rise to upwards of 13 per cent by 2026-27, investment banking company <keyword id="19905137" type="General" weightage="20" keywordseo="Jefferies" source="keywords" meta.keywordsubtype="org" meta.entityname="Jefferies" meta.hostid="261" meta.entityid="Jefferies">Jefferies</keyword> asserted in a report. In the financial year that ended in March 2024, the share of electric two-wheelers was at 5 per cent. Share of EVs in two-wheeler sales rose from just 0.4 per cent in 2020-21 to 5.4 per cent by early 2023, led by rising subsidies and new launches. However, Jefferies claimed that a subsequent reduction in incentives has resulted in the share remaining in the 4-7 per cent range for most of the past 24 months, despite the introduction of lower-priced vehicles by manufacturers. "We currently assume share of E2Ws rising from 5 per cent (0.9mn units) in FY24 to 7 per cent/10 per cent/13 per cent (1.4mn/2.3mn/3.4mn units) in FY25E/FY26E/FY27E, although we now see a downside risk to these estimates in the context of the new scheme targeting just 2.5mn E2Ws over two years," Jefferies said in its report released earlier this week. <keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword>, which has recently become a publicly listed company, has emerged as the dominant manufacturer in India's electric two-wheelers market, said Jefferies, noting that its market share rose from 21 per cent in 2022-23 to 35 per cent in 2023-24 and further to 49 per cent in 1Q-2024-25. However, as per the Jefferies report, Ola's market share has subsequently fallen to 31 per cent in August and just 29 per cent in September (month-to-date). Bajaj, TVS and Ather, on the other hand, have gained 5-9 percentage points each since June quarter, it said. This week, the Union Cabinet has approved a scheme for the promotion of electric mobility in the country. The scheme has an outlay of Rs 10,900 crore over two years. The Cabinet's approval for the 'PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme' was based on a proposal from the Ministry of Heavy Industries (MHI). Among others, subsidies or demand incentives worth Rs 3,679 crore would be provided to incentivise e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs. The scheme will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses, a release said. The Ministry of Heavy Industries is also introducing e-vouchers for EV buyers to avail of demand incentives under the scheme.

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

<ul><li><keyword id="20243924" type="General" weightage="20" keywordseo="MapMyIndia" source="keywords" meta.keywordsubtype="org" meta.entityname="MapMyIndia" meta.hostid="261" meta.entityid="MapMyIndia">MapMyIndia</keyword> has accused <keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword> of stealing its map data for <keyword id="20251740" type="General" weightage="20" keywordseo="Ola-Maps" source="keywords">Ola Maps</keyword>.</li><li>The company has claimed that Ola Electric has copied its data for “unjust commercial gains”.</li><li>The company has reportedly sent a legal notice to Ola Electric.</li></ul> Ola Electric is all set to raise funds from the primary market through an<a href="https://www.businessinsider.in/stock-market/news/upcoming-ipos-this-week-ola-electric-akums-drugs-and-more/slidelist/112097714.cms"> initial public offering</a> (IPO) which is set to open on August 2. Ahead of the IPO, <keyword id="21641099" type="General" weightage="20" keywordseo="CE-Info-Systems" source="keywords" meta.keywordsubtype="org" meta.entityname="CE Info Systems" meta.hostid="261" meta.entityid="CE Info Systems">CE Info Systems</keyword>, the parent company of homegrown MapMyIndia has accused the Bhavish Aggarwal-led company of stealing map data. According to a<a href="https://www.forbesindia.com/article/news/mapmyindia-alleges-ola-copied-data-for-maps-slaps-legal-notice/93765/1"> report</a> by Forbes India, MapMyIndia in a legal notice has accused Ola Electric of stealing its map data after the company launched its own mapping service, Ola Maps. MapMyIndia has claimed that Ola Electric has breached its license agreement. The electric two-wheeler maker had partnered with MapMyIndia to offer navigational services on its electric scooters. <h2>Data copied</h2>MapMyIndia has claimed that Ola Electric has duplicated the API (application programming interface) and SDKs (software development kits) from the company’s proprietary sources to build Ola Maps. <div type="Article" hostid="261" msid="112039063" title="Pixel 9 series design and specs revealed ahead of launch next month" mstype="2" mssubtype="0"></div> “It is firmly stated that our client’s exclusive data has been copied/derived by you to further your illegal motive and for your unjust commercial gains,” MapMyIndia reportedly said in its notice. Further, the company dismissed Ola Electric’s claim of developing the map data for Ola Maps from Open Map. “Your assertion that you have developed API and map data/Ola Maps solely through open map is factually incorrect and not tenable,” the company added. The company has said that the agreement signed between the two companies prohibits co-mingling and reverse engineering under the Intellectual Property laws. “By indulging in such unscrupulous and illegal activities, you have acted in blatant defiance of the terms and conditions of the agreement and have further infringed the copyright vested exclusively in our client pertaining to the source code,” the notice reads. Ola Electric in a statement to Business Insider India has denied the allegations. “Ola Electric wishes to address the recent claims made by CE Info Systems Limited (“CE Info”) in relation to the alleged issues with Ola Maps vis-à-vis MapMyIndia and reported in news media. We would like to state unequivocally that these allegations are false, malicious and misleading. Ola Electric stands by the integrity of its business practices. We will suitably respond to the notice shortly," an Ola Electric spokesperson said in a statement to Business Insider India. The Delhi-based Geotech startup has said that it will initiate appropriate civil and criminal legal action against Ola Electric. Earlier this month, the share price of MapMyIndia jumped by up to 10% during the Budget 2024-25 as Finance Minister Nirmala Sitharaman announced that land records in urban areas will be digitised using GIS mapping, highlighting the rising importance of such data. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/upcoming-ipos-this-week-ola-electric-akums-drugs-and-more/slidelist/112097714.cms">Upcoming IPOs this week – Ola Electric, Akums Drugs and more</a> <a href="https://www.businessinsider.in/business/auto/news/government-extends-ev-subsidy-scheme-till-september-30-increases-outlay/articleshow/112062360.cms">Government extends EV subsidy scheme till September 30, increases outlay</a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-to-manufacture-iphone-16-pro-models-in-india-soon-after-launch/articleshow/112045172.cms">Apple to manufacture iPhone 16 Pro models in India soon after launch</a>

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

<ul><li>The Indian electric two-wheeler industry has reported a significant decline in sales.</li><li>The decline comes amid an increase in prices due to the end of the FAME <keyword id="20415717" type="General" weightage="20" keywordseo="subsidy-scheme" source="keywords">subsidy scheme</keyword>.</li><li><keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword> has emerged as the market leader with over 50% market share.</li></ul> The sales of electric two-wheelers have come crashing down just a month after<a href="https://www.businessinsider.in/business/auto/news/indias-electric-two-wheeler-industry-records-highest-ever-monthly-sales-as-fame-subsidy-ends/articleshow/109030516.cms"> recording</a> the best-ever monthly sales numbers in March 2024. This comes amid the end of the <keyword id="21004406" type="General" weightage="20" keywordseo="FAME-subsidy" source="keywords">FAME subsidy</keyword> scheme which has resulted in an<a href="https://www.businessinsider.in/business/auto/news/electric-scooters-get-a-price-hike-of-up-to-16000-as-fame-subsidy-ends/slidelist/109136771.cms"> increase in prices</a> of electric scooters. While the boost in sales in March 2024 was fueled by an expected increase in prices and push by companies to sell more scooters before the end of FY, the significant decline might be a concern for EV makers. <cmsannotation type="cmsannotation" annotationid="Ola Electric grabs over 50% market share" comment="subhead" text="Ola Electric grabs over 50% market share">Ola Electric grabs over 50% market share</cmsannotation> Bhavish Aggarwal-led Ola Electric, which did not announce a price hike despite the reduction in subsidy recorded its highest ever market share at 51%. Ola Electric sold 33,062 vehicles in April 2024, up from 21,882 scooters sold in April 2023. While this is significantly lower than the 50,545 vehicles it sold in March 2024. The company sold 3,26,428 vehicles in FY24 with a market share of 35%. <cmsannotation type="cmsannotation" annotationid="TVS Motor comes in second but takes a big hit" comment="subhead" text="TVS Motor comes in second but takes a big hit"><keyword id="19938730" type="General" weightage="20" keywordseo="TVS-Motor" source="keywords" meta.keywordsubtype="org" meta.entityname="TVS Motor" meta.hostid="261" meta.entityid="TVS Motor">TVS Motor</keyword> comes in second but takes a big hit</cmsannotation> TVS Motor continued to occupy the second position with 7,653 vehicles sold in April 2024, down from 8,728 vehicles sold in April 2023. The company had increased the prices of its electric scooters by up to ₹6,000 with the end of the FAME subsidy. The company had recorded its best-ever monthly sales of 26,478 vehicles in March 2024. The company sold 1,82,933 electric two-wheelers in FY24 and recorded a market share of 20%. <cmsannotation type="cmsannotation" annotationid="Bajaj Auto takes the third position" comment="subhead" text="Bajaj Auto takes the third position"><keyword id="19897354" type="General" weightage="20" keywordseo="Bajaj-Auto" source="keywords" meta.keywordsubtype="org" meta.entityname="Bajaj Auto" meta.hostid="261" meta.entityid="Bajaj Auto">Bajaj Auto</keyword> takes the third position</cmsannotation> Bajaj Auto has taken over the third position from <keyword id="19938729" type="General" weightage="20" keywordseo="Ather-Energy" source="keywords" meta.keywordsubtype="org" meta.entityname="Ather Energy" meta.hostid="261" meta.entityid="Ather Energy">Ather Energy</keyword>, recording sales of 7,515 vehicles in April 2024, up from 4,014 vehicles sold in April 2023. The company had announced a price hike of up to ₹12,000 after the end of the FAME subsidy scheme. In March 2024, the company sold 17,933 scooters, taking the total number of scooters sold in FY24 to 1,06,431. <cmsannotation type="cmsannotation" annotationid="Ather Energy takes a big hit" comment="subhead" text="Ather Energy takes a big hit">Ather Energy takes a big hit</cmsannotation> Ather Energy sold 4,052 vehicles in April 2024, down from 7,746 vehicles sold in April 2023. The company’s month-on-month performance also took a hit due as it increased the prices of its scooters by up to ₹16,000. The company had sold 17,221 vehicles in March 2024, registering its best-ever monthly numbers. The company sold 1,08,870 vehicles in FY24 and recorded a 12% market share. <cmsannotation type="cmsannotation" annotationid="EMPS replaces the FAME subsidy scheme" comment="subhead" text="EMPS replaces the FAME subsidy scheme">EMPS replaces the FAME subsidy scheme</cmsannotation> The popular FAME subsidy scheme, which offered subsidies to electric vehicles to boost their adoption has come to an end. This has been replaced by the new Electric Mobility Promotion Scheme (EMPS) 2024, which was announced during the<a href="https://www.businessinsider.in/finance/news/interim-budget-2024-speech-updates-and-highlights/articleshow/107313296.cms"> interim budget</a> in February and is valid for four months from April 2024. The EMPS 2024 scheme, which kicked off on April 1, 2024, is valid till July 31, 2024. As part of the scheme, the subsidy on electric two-wheelers has been set at ₹5,000 per kilowatt-hour of battery capacity with a capping of ₹10,000 per vehicle. This is lower than what was earlier offered with the FAME scheme. SEE ALSO: <a href="https://www.businessinsider.in/sports/webstories/t20-world-cup-here-are-the-squads-announced-by-major-participating-countries-so-far/slidelist/109787165.cms">T20 World Cup: Here are the squads announced by major participating countries so far</a> <a href="https://www.businessinsider.in/business/auto/news/april-auto-sales-hyundai-continues-to-hold-the-second-position-as-tata-motors-inches-closer/articleshow/109777834.cms">April auto sales – Hyundai continues to hold the second position as Tata Motors inches closer</a> <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-and-two-wheelers-launching-in-india-in-may-2024/slidelist/109723620.cms">Upcoming cars and two-wheelers launching in India in May 2024</a>

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

Shares of <keyword id="19956271" type="General" weightage="100" keywordseo="Ola-Electric-Mobility" source="keywords">Ola Electric Mobility</keyword> were in a freefall today, tanking about 4.55% on the NSE and 4.88% on BSE. Today also marked 30 days since the company was listed on the bourses (August 9th), bringing down shutters on the one-month lock-in window anchor investors are mandated to hold stocks for, before deciding to offload 50% of shareholding. Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in the market post the 30-day lock-in, which hurtled Ola's stock towards Rs 100. While the stock managed to gain some ground later in the day, and was trading at Rs 114.10 when the markets closed today, slightly up from its intraday low of Rs 109. However, it still remained a far cry from its all-time high price of Rs 157.4, which it had hit on August 20th, 2024. Ola Electric, which currently dominates the Indian EV space, debuted on stock exchanges last month, and was looking to raise Rs 6,145.56 crore via fresh issue, along with an OFS (offer for sale) of 8.49 crore equity shares. The IPO was oversubscribed by around 4x. Going ahead, the Bhavish Aggarwal-led startup is also set to face intense competition from fellow EV maker Ather Energy. With its IPO set to hit the markets soo, Ather is looking to raise Rs 3,100 crore via fresh issue, and an OFS of about 2.2 crore equity shares. Per the DRHP (draft red herring prospectus) filed by Ather, its net worth for FY24 stood at Rs 545.9 crore. The remaining 50% of Ola Electric's shares will be eligible for offloading by anchor investors in 60 days from now, or 90 days since the date of allotment. While this event will certainly test Ola's buoyancy in the market, the fact remains that Ola was off to a stellar start days after its listing, when the stock price accelerated to Rs 157.4 on August 20th, 2024. This skyrocketed the company's valuation well beyond that of established Indian 2-wheeler giants like Hero Moto Corp and Bajaj, albeit briefly. In fact, for a small period, Ola Electric Mobility had recorded valuations higher than that of Tesla's. For perspective, Ola's market capitalization, as of today, stood at Rs 50,327.57 crore. Bajaj Auto, which listed on the exchanges in 2008, presently has a market value of Rs 3,02,993.79 crore, while Hero Moto Corp, which was listed in 2003, currently has a market value of Rs 1,14,788.59 crore. However, ever since hitting this peak on August 20th, Ola's prices have only been on a downward journey. However, now that the stock has witnessed a price correction of sorts, the question remains- has Ola corrected enough, or are we still in for further downside? As per SEBI registered Investment Advisor Gaurav Goel, Ola continues to trade in the expensive zone despite recent correction. "The recent mercurial rise in the stock has been more on the promise it holds for the future. It is the largest <keyword id="23099550" type="General" weightage="20" keywordseo="E-Scooter-Manufacturing" source="keywords">E-Scooter Manufacturing</keyword> company in India, with 31% market share in the E2W sector, selling 3,29,618 scooters in FY24. Recently, it also forayed into the motorcycle segment with several new “Roadster” models at an attractive pricing. It is building an Ola Gigafactory for cell production in Tamil Nadu, and a Battery Innovation Centre in Bangalore", Goel explained. "However, we feel that despite attractive future plans, the stock is currently overpriced. Despite rising revenues, we need to see how quickly it is able to translate widening losses into profits", he continued. <h2>Gaping holes, take a long-term approach </h2>It is hard to overlook the wide, year on year losses that the company continues to incur. As of March 2024, the company had racked up an operating loss of Rs 1,266 crore. Per its Q1FY25 financials, the company's losses before taxes during April-June 2024 grew to Rs 347 crore, up from Rs 267 crore in the year-ago period. The company's cash flows from operating activities continued to be in red, rising from Rs 2,520.25 crores in March 2021 to Rs 15,072.71 crore as of March 2023. Generally, if a company is regularly registering negative cash flows from its primary, operational activity, it is a troubling sign, indicating that the company is spending more than what its making. Ola continues to rack up major losses in its cell business, which reported a loss of Rs 5 crore in Q1FY25. The segment's operating expenses, however, doubled from Rs 11 crore in Q1FY24 to Rs 22 crore in Q1FY25. Per Agrawal, the indigenously developed 4680 Bharat Cell, which will be integrated in all Ola vehicles starting Q1FY26, will help in bettering the company's profit margins, given that cells constitute around 30-35% of overall vehicle's cost. Which is why experts suggest not to buy into any short-term euphoria surrounding the stock, and instead, opt for a long-term approach. While there is scope, it is largely unchartered waters, which will have to face the tides of multiple market volatilities and cycles, before it starts to generate sustainable, significant returns. Goel believes that while the new vehicle segment is a good space to enter, the competition here is going to be stiff. Customer actual response in terms of sales is yet uncertain. "We recommend a buy on dips on this stock. An entry level of Rs 100 would be good point for purchase. It should be kept for the long-term, for a period of at least 3-5 years for realization of its potential"

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

<ul><li>Apple has launched the <keyword id="23558830" type="General" weightage="20" keywordseo="iPad-mini" source="keywords">iPad mini</keyword> (2024) in India.</li><li>The iPad Mini is available is priced starting at ₹49,900 and is priced starting at ₹49,900.</li><li>Here’s everything you need to know about the latest offering from Apple.</li></ul> Cupertino tech giant Apple today launched the iPad mini, the company’s latest version of its compact iPad globally on Tuesday. This is the first update to the iPad mini lineup since 2021. The latest iPad mini is powered by the company’s A17 Pro chipset, which powered the iPhone 15 Pro models. The iPad mini (2024) will also support Apple Intelligence as they are rolled out by Apple. The company has finally increased the storage of the base variant from 64GB on the outgoing model to 128GB. <h2><keyword id="1959801" type="General" weightage="20" keywordseo="Apple-iPad-mini-price-in-india" source="Orion">Apple iPad mini price in India</keyword></h2><table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wi-Fi </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wi-Fi + Cellular </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">128GB </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹49,900 </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">128GB </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹64,900 </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">256GB </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹59,900 </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">256GB </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹74,900 </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">512GB </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹79,900 </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">512GB </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹94,900 </td></tr></tbody></table> The iPad mini comes in Blue and Purple, Space Grey and Starlight colour options. It is available from the Apple Online Store, Apple Store and Apple Authorised Resellers in the country. <div type="Article" hostid="261" msid="113204340" title="iPhone 16 Pro and iPhone 16 Pro Max with bigger displays, A18 Pro chipset launched starting at ₹1,19,900" mstype="2" mssubtype="0"></div> The Apple Pencil Pro is priced at ₹11,900 and the Apple Pencil (USB-C) is priced at ₹7,900. The new Smart Folio, which comes in Charcoal Grey, Light Violet, Denim and Sage colour options is priced at ₹6,500. <keyword id="1131440" type="General" weightage="20" keywordseo="Apple-iPad-mini" source="Orion">Apple iPad mini</keyword> features The seventh-gen iPad mini retains the same 8.3-inch Liquid Retina display with a resolution of 2266 x 1488 pixels and 500 nits brightness. It supports the Apple Pencil Pro which was launched earlier this year. The iPad mini is powered by the A17 Pro chipset, which comes with a 6-core CPU that offers 30% improved performance over its predecessor and a 5-core GPU that offers 25% improved performance. It comes in three storage variants – 128GB, 256GB and 512GB. <div type="Article" hostid="261" msid="113203568" title="iPhone 16, iPhone 16 Plus with A18 chipset launched starting at ₹79,900" mstype="2" mssubtype="0"></div> The chipset brings ray tracing, Dynamic Caching and hardware-accelerated mesh shading, enabling an enhanced gaming experience. The iPad mini features a 12MP wide-angle camera at the back, with f/1.8 aperture, Smart HDR 4 support, and autofocus. On the front, the device features a 12MP ultra-wide-angle camera with f/2.4 aperture, Smart HDR 4 and Centre Stage support. The device comes with stereo speakers and dual microphones for calls. It also comes with TouchID support for authentication. The iPad Mini features a USB 3.0 Type-C port with DisplayPort. <div type="Article" hostid="261" msid="113220789" title="iPhone 16 Pro is already cheaper than the iPhone 15 Pro in India, but you can get it for up to ₹30,000 cheaper" mstype="2" mssubtype="0"></div> The device is powered by a 19.3-watt-hour lithium-polymer battery that is claimed to offer up to 10 hours of usage. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/global-smartphone-shipments-record-4-growth-in-q3-2024-samsung-leads-the-market/articleshow/114241402.cms">Global smartphone shipments record 4% growth in Q3 2024, Samsung leads the market</a> <a href="https://www.businessinsider.in/business/auto/news/hyundai-ipo-review-everything-you-need-to-know-about-indias-biggest-ipo/articleshow/114203740.cms">Hyundai IPO review – Everything you need to know about India’s biggest IPO</a> <a href="https://www.businessinsider.in/business/auto/news/the-ola-electric-saga-are-surge-in-complaints-and-declining-market-share-a-wake-up-call-for-bhavish-aggarwal/articleshow/114120828.cms">The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for Bhavish Aggarwal?</a>

You Searched For "ola price" and got 12 results

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

Divyanshi Sharma

Bajaj Freedom 125 CNG vs popular electric scooters: Which one should you pick?

Ankush Banerjee

Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

Sourabh Jain

Government takes action against Ola Electric for customer complaints, Bhavish Aggarwal’s company slapped with show-cause notice

Divyanshi Sharma

Electric scooters get a price hike of up to ₹16,000 as FAME subsidy ends

Sourabh Jain

Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market

Sourabh Jain

Ola Electric cuts prices of scooters to compete with ICE two-wheelers

Sourabh Jain

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

ANI

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

Sourabh Jain

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

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