Ola Electric

Ola Electric’s Market Share Drops To 31% In August, Share Extends Losses | Economy News

New Delhi: Bhavish Aggarwal-run Ola Electric clocked its lowest monthly sales this year, dropping 34 per cent sequentially to 27,506 units in August, as its market share nosedived further to 31 per cent. As per vehicle registration data available on the central government’s Vahan portal, Ola Electric had a market share of 31 per cent […]

ABHISEK RAJPUT

September 2, 2024

Ola Electric Fast Losing Market Share, Market Experts Tell Investors To Remain ‘Cautious’ | Markets News

New Delhi: Bhavish Aggarwal-run Ola Electric, which recently entered the public market, is fast losing market share in the domestic electric two-wheeler space to its rivals amid increasing competition, and market analysts have warned investors to remain “cautious” with its volatile stock. A latest Jefferies report said that TVS and Bajaj have expanded their portfolios […]

ABHISEK RAJPUT

August 24, 2024

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Ola Electric Reports Rs 347 Crore Loss In April-June Quarter, Revenue Up 32% | Economy News

New Delhi: Ola Electric Mobility on Wednesday reported loss at Rs 347 crore for the April-June quarter, compared to Rs 267 crore in the same period last fiscal. The Bhavish Aggarwal-led company, which is now a listed firm, saw its consolidated revenue from operations jump 32 per cent to Rs 1,644 crore in Q1 FY25, […]

ABHISEK RAJPUT

August 14, 2024

Electric 2-Wheelers See Growth In Last 2 Months, Ola Loses Market Share | Auto News

Electric Two-Wheeler Growth In Last 2 Months: The electric vehicle (EV) penetration improved in the Indian two-wheeler (2W) sector over the last two months after incentives almost halved in April, a report said on Thursday, adding that Ola Electric lost market share while TVS Motor Co Ltd (TVSL) gained. The electric two-wheeler penetration and volumes […]

ABHISEK RAJPUT

July 4, 2024

Ola Electric Posts 107 Per Cent Growth In June EV 2-Wheeler Registrations | Companies News

New Delhi: Bhavish Aggarwal-led Ola Electric on Monday announced that it has posted a growth of 107 per cent (Year-on-Year) in June 2024 Electric Vehicle (EV) two-wheeler registrations as compared to the corresponding month in 2023. According to the government’s VAHAN Portal, the company recorded 36,716 registrations during the month. It also recorded a 57 […]

ABHISEK RAJPUT

July 1, 2024

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Ola Electric, Emcure Pharma Get Sebi’s Nod To Float IPO | Companies News

New Delhi: Electric two-wheeler company Ola Electric and Bain Capital-backed Emcure Pharmaceuticals have received Sebi’s approval to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Thursday. The two companies, which filed their preliminary IPO papers with Sebi in December 2023, obtained observations on June 10, it added. In […]

ABHISEK RAJPUT

June 20, 2024

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