Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
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 crore under the production-linked incentive scheme. An Ola Electric scooter. (Bloomberg) The sanction pertains to the demand incentive for the determined sales value for FY 2024-25, and authorises a payment […]
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 finds itself in “sacrifice for survival” mode. Bhavish Aggarwal, chairman and managing director, Ola Electric. Ola Electric has to sell 18,500 units/month in FY26 to stay operationally profitable. (PTI) The […]
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 Aggarwal. (Reuters) Consolidated net loss of the Bengaluru-based EV maker stood at ₹418 crore in the three months ended 30 September 2025, as against ₹495 crore loss in Q2 FY25, […]
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 will further strengthen its unit economics. 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) […]
