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Ola Electric Reportedly Eyeing IPO By End Of October 2023

As far as electric two-wheelers go, India’s Ola Electric is one of the fastest-growing companies in the business. Despite currently operating exclusively in India, the brand, through its visionary founder and CEO Bhavish Aggarwal, has made it clear that it…

Temasek Leads $140m Funding In Ola Electric At A Valuation Of $5.4b

Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at a valuation of $5.4 billion, two sources with the direct knowledge said, the latest funding for the e-scooter maker before its initial public offering.  The…

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 Rs 79,999 as it accelerates its challenge to conventional engine counterparts.  The company also showcased its four electric motorcycles which will be launched towards the…

Ola Receives 3,000 For S1 Air Within Hours Of Opening Booking Window

Electric two-wheeler maker, Ola Electric received 3,000 booking orders for its newly launched Ola S1 Air. Ola Electric’s Founder and CEO, Bhavish Aggarwal, revealed this in a tweet. Ola opened the booking window for its most affordable scooter, the S1…

Ola Electric Teases Two New Colours For S1 E-Scooter

Ola Electric has been on a teasing spree for a while. To create hype around its upcoming launch event, which is to take place next month, the company has been rolling out multiple teasers. One of these shows two new…

Indian EV Manufacturer Ola Electric Set To Begin IPO Discussions

Ola Electric has been making waves in the motorcycle industry despite being confined primarily to the Indian market. The brand impressed the world with its rapid expansion across India, and is best known for its S1 electric scooter, making electric…

EVs Consumed 204.99 Million Units At Charging Stations In FY23

Electric vehicles which charged in charging stations across India consumed 204.99 million units of power in FY23. The data has been collected for the first time ever by Central Electricity Authority (CEA) from power distribution companies (discoms) across the country….

Ola Electric and Tesla to Bid for India’s Lithium Reserves in J&K

Recently, a large amount of Lithium reserves were found in the Jammu & Kashmir state of India. The Indian government has announced that bidding will be done for the newly discovered Lithium reserves. Many automobile manufacturers come ahead to participate…

Simple Energy Is Working On Two More Electric Scooter And An Electric Bike

The electric vehicle manufacturing company, Simple Energy was founded in the year, 2019. The company launched its first electric scooter “Simple One” in the Indian market a few days ago. The company is working on two more electric scooters and…

River Indie Vs Ola S1 Pro vs Ather 450X- Best Electric Scooter In India 2023

River Indie, Ola S1 pro, and Ather 450X are one of the most prestigious electric scooters in India at the moment. All the respective companies of these electric scooters have effectively reached their target audience in Indian Market and also…