Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024

Ola Electric Mobility is in line for an initial public offering sooner than its founder previously…

Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents

Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore)…

Ola Electric Said to Have Recorded $136 Million Loss in FY 2022-23, Missing Revenue Goal

India’s largest e-scooter maker Ola Electric recorded an operating loss of $136 million (roughly Rs. 1,118 crore)…

Ola Launches S1X Electric Scooter at Introductory Price of Rs. 79,999, Deliveries to Begin by December

Ola Electric on Tuesday launched its new entry-level electric scooter S1X with an introductory price of…

Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details

India’s Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs.…

Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion

SoftBank-backed Ola Electric’s IPO will open for retail subscription on Aug. 2, the Indian electric scooter…

Ola Electric Bike to Launch in India on August 15: Everything We Know so Far

Ola Electric bike is scheduled to launch in India on August 15 at its annual event…

Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption

Ola Electric Mobility’s shares surged 20% on their trading debut in Mumbai on Friday, valuing the…

Ola Electric Roadster Series EV Bikes Unveiled in India: All You Need to Know

Ola Electric took the wraps off its latest range of electric two-wheelers dubbed the Roadster series…

Ola Electric’s Dominance Fades as Country’s E-Scooter Battle Intensifies

India’s top electric scooter maker Ola Electric logged its lowest monthly sales this year in September,…