Ola Electric

The electric two-wheeler segment has hit a speed bump, as the government has stopped disbursing subsidies to several manufacturers that are under investigation for alleged violation of local-sourcing rules.Industry insiders say sales may…

Ola Electric is set to invest a little over 7,600 crore ($918 million) to set up plants in Tamil Nadu to manufacture electric vehicles (EVs), including cars, and batteries over the next five years, a state government official told ET on…

Tamil Nadu government today announced that electric vehicle maker Ola Electric would invest $920 million in the state to manufacture electric cars and batteries.The state government has signed an MoU with the company for the production of…

Zomato is unperturbed by losses widening in the December quarter. The Deepinder Goyal-led food delivery app has reasons to feel confident as consolidated revenue from operations has surged 75% to Rs 1,948 crore. Goyal believes the current…

Ola Electric will delay deliveries of its cheapest scooter, S1 Air, by three months to July, it said on Thursday. Bhavish Aggarwal, the cofounder of the electric scooter maker, said the delay was due to the time taken to “accommodate” the…

Ola Electric will open 500 experience centres across India by March this year as it seeks to be closer to consumers, company founder and CEO Bhavish Aggarwal said on Thursday. The company, which currently has 200 experience centres across…

Ola Electric has been rolling out new electric scooters lately and updating them with new features as well as enhanced range. However, based on new rumours, it is said that the company is planning to rollout new motorcycles soon. Details…

Electric vehicle maker Ola Electric said a recent accident involving one of its scooters – where its front wheel broke off – was an isolated incident caused due to high impact.“We have more than 150,000 vehicles running on the road and we…

Xiaomi’s first EV car has been spotted testing on roads in China, could compete with Tesla Model 3. Xiaomi is getting into the electric vehicle segment and its first product is expected to be a Tesla Model 3 rival. Based on new reports,…

Electric vehicle maker Ather Energy won't go public unless the company is either profitable, or close to profitability, chief executive Tarun Mehta said. "I want to an IPO when we are very close to profitability and I think it's still a…