Ola Electric has announced plans to expand test ride locations for its electric scooters to more cities later this month. The next set of test ride locations will be operations in more cities from November 27, the fledgling electric vehicle…
SoftBank Group-Backed Ola Electric Raises Over $200 Million
A unit of SoftBank Group-backed Indian ride-hailing company Ola has raised more than $200 million, led by venture capital firm Falcon Edge, at a valuation of $3 billion, the company said in a statement. The company’s Ola Electric unit aims…
Ola Electric Scooter Receives A Record 1 Lakh Bookings In 24 Hours.
Ola Electric CEO Bhavish Aggarwal announced that the much-anticipated Ola e-scooter has garnered 1 lakh bookings in just 24 hours of opening of pre-launch bookings, making it the ‘most pre-booked scooter’ in the world. Ola Electric had announced the opening…
Ola In Talks With CESL To Supply Electric Two-Wheelers
The electric vehicle arm of ride-hailing firm Ola is the latest to show interest in supplying electric scooters to state-run Convergence Energy Services Ltd (CESL) that is running India’s biggest-ever push for green mobility, two people aware of the matter…
Ola To Take Electric Scooter To International Markets This Fiscal
Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said. The company, which is working on setting up a ‘Hypercharger Network’ for its electric…
OLA To Deploy Hypercharger Network With 1 Lakh Charging Points Across 400 Cities
Bhavish Aggarwal-led Ola Electric seems to be on full throttle to turn India into a leading e-scooter market. After setting up the world’s largest e-scooter manufacturing plant over a 500 acre land in Tamil Nadu, the company has revealed its…
Ola’s Bhavish Aggarwal Looks To Disrupt India’s EV Market By Mass Producing Vehicles
Every Friday, Ola’s founder and CEO Bhavish Aggarwal, spends time at a site that is nearly 2 hours away from the hustle and bustle of his office in Koramangala, a thriving hub for startups in Bengaluru. An aim to make…
Ola, Siemens To Build ‘India’s Most Advanced EV Manufacturing Hub’ In Tamil Nadu For ₹2,400 Cr
Ola announced that it has joined hands with Siemens to build India’s most advanced electric vehicle manufacturing facility in Tamil Nadu. Last month, the popular ride-hailing platform signed a 2,400-crore-deal with the Tamil Nadu government to set up its first…
Ola Signs MoU With Tamil Nadu Govt For Electric Scooter Factory
Leading mobility platform, Ola has signed the Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 2,400 crores to set up its first electric scooter factory in the state. In a statement issued recently, the…
