Ola Electric has invited all its customers to the Ola Futurefactory on June 19 for celebrations and the launch of the much-awaited MoveOS 2. More than 50,000 Ola S1 electric scooter customers are said to be invited to this event. Recently, Mr Bhavish Aggarwal, CEO of Ola Electric tweeted “For our customer event at the […]
Ola Electric Is Looking For Partner OEMs To Set Up $ 1 Billion EV Cell Plant In India – EQ Mag Pro
A report from PTI suggest that Ola Electric is looking for partner OEMs to set up an electric vehicle cell manufacturing plant in India, which could cost around Rs. 7,700 crore or $ 1 billion. Ola Electric is reportedly looking for partner OEMs as it wants to commission an EV cell manufacturing plant in India, […]
Okinawa Autotech pips Ola Electric to become No 1 electric two-wheeler brand – EQ Mag Pro
According to the Federation of Automobile Dealers Associations (FADA), Okinawa Autotech sold the highest total of 9,309 units. Meanwhile, Ola Electric sold 9,225 units last month. In May 2021, Okinawa Autotech sold just 217 units of its electric two-wheeler. The company is aiming to grow its electric vehicle business aggressively, having recently announced an investment […]
Ola Electric Recalling 1,441 Units Of Electric Two-Wheelers – EQ Mag Pro
Ola Electric is recalling 1,441 units of its electric two-wheelers in the wake of incidents of vehicles catching fire, according to a company statement. The company said its investigation into the fire incident on March 26, in Pune, is ongoing and preliminary assessment found that it was an isolated one. However, it said, “As a […]
Softbank-backed Ola Electric to recall 1,441 e-scooters – EQ Mag Pro
DELHI: Softbank-backed Ola Electric said on Sunday it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire in India, prompting a government probe into the incident. Scooters involving Indian startups Okinawa and PureEV have also been involved in fires, in what some say could be an early setback for […]
STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER, ANNOUNCES STRATEGIC PARTNERSHIP WITH OLA ELECTRIC – EQ Mag Pro
Ola Electric, India’s leading manufacturer of electric vehicles, makes multi-million-dollar investment in StoreDot Ola Electric joins StoreDot’s global strategic partners, including Daimler, BP, Samsung, TDK, EVE and VinFast Ola Electric to manufacture cells with StoreDot’s extreme fast charging technology in India StoreDot is on track to mass produce silicon-dominant lithium-ion cells delivering 100 miles of […]
Ola Electric to hike prices of scooter from next purchase window – EQ Mag Pro
The Bengaluru-based firm is slated to commence the next purchase window on March 17-18, coinciding with the Holi festival Ola Electric on Thursday said it will raise prices of S1 Pro scooter with effect from the next purchase window. The Bengaluru-based firm is slated to commence the next purchase window on March 17-18, coinciding with […]
Reliance, Ola Electric win incentives in $2.4 billion battery scheme – EQ Mag Pro
Reliance Industries and Ola Electric will receive incentives under government’s $2.4-billion programme to boost local battery cell production after winning a tender, four sources said. The winning bidders also include Hyundai Global Motors Company and jewellery maker Rajesh Exports, the sources said. The Indian government last year finalised a programme to encourage companies to make […]
Softbank-backed Ola Electric plans 50Gwh India battery plant in EV puss – EQ Mag Pro
NEW DELHI : Softbank Group-backed (9984.T) Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuters, as part of its broader electrification push. Ola will need 40Gwh of battery capacity to meet its annual target to produce 10 million […]
Valued at $5 bn, Ola Electric raises $200 million – EQ Mag Pro
Ola Electric has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round has seen the company’s valuation going up to $5 billion. Ola Electric on Monday announced it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round has […]