How Ola Electric became No. 1 EV scooter brand
Ola Electric’s market share in April grew 39% when compared to March. It dethroned segment-leader and one of its oldest incumbents, Hero Electric, for the pole position
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Ola CFO Arun Kumar gets bigger role as Bhavish eyes ambitious projects
Ola CEO Bhavish Aggarwal says group CFO GR Arun Kumar will help him manage operations at the company; adds he wants to double down on “building future” at Ola.
How Ola put together Futurefactory
Ola intends to develop the Futurefactory as the largest scooter-manufacturing facility in the world with an annual production capacity of 10 million units.
Ola forays into quick commerce, to expand dark stores to 20 cities
In the next six months, Ola Dash plans to expand its dark store network to 500 dark stores spread across 20 cities.
Ola Electric car concept teased, new Futurefactory on cards
The electric car concept shared by Ola Electric CEO Bhavish Aggarwal is a teaser of the design process for the company's next venture.
Hero MotoCorp bumps Ather Energy with another ₹420 crore round
Hero MotoCorp says it is also exploring collaborations with Ather Energy in various spheres, such as charging infrastructure, technology and sourcing
Ola raises $500 million debt in run-up to IPO
Ola will utilise the loan to expand across various verticals including ride hailing, vehicle commerce, food delivery, quick commerce and financial services.
“Failed a few times, but learnt from them, still took risks”
“If you are in a disruptive industry, businesses don’t scale in a linear way. There comes a moment when you have the right product at the right price point with the right value proposition."
India’s EV battle heats up: Ola Electric raises $200 mln
The electric vehicles manufacturer will utilise the fundings to accelerate its development of other vehicle platforms such as electric motorbikes, mass-market scooters and electric cars.
Ola electric car by 2023: Bhavish Aggarwal
Elon Musk's Tesla will imminently have a new competitor in India. Ola, a name synonymous in India with mobility, will be rolling out its electric car by 2023.
