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Ola Electric

Ola Electric Vehicles.

Ola Electric Onboards New Members Across Key Positions To Unify Operations

The company has also elevated the position of YS Kim, who is a veteran leader in the industry by expanding his portfolio to head sales, Direct-to-Consumer (D2C), and charging network segments in the company

15 September 2022

Ola To Invest $500 Million To Set Up Battery Innovation Centre In Bengaluru

The centre will have capabilities to develop complete packages of battery pack design, fabrication and testing under one roof, the company said in a statement


Ola Lithium-ion Cell

Ola Electric unveils indigenously made Li-ion cell

Ola said in a statement on Tuesday it will begin the mass production of its cell from its upcoming Gigafactory by 2023


Ola Electric's Car Debut In 2024 Pits It Against Tata Motors, Hyundai, Mahindra And Mahindra, MG Motors

According to industry data, sales of electric-powered vehicles grew 207.66 per cent in July 2022 over July 2021, with Tata Motors leading the pack, followed by MG Motors

17 August 2022

RBI Imposes Penalty Of Rs 1.7 Crore On Ola Financial Services

The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007


Will Ola, Okinawa Face Penalty For Selling Unsafe EVs In Market?

In its recent report, the committee pointed out the cause of EV explosion to be the usage of faulty batteries. The report, which was also shared with the EV manufacturers said that the defects in the systems have caused the...

04 July 2022

Ola Electric Inks Pact With Heavy Industries Ministry For Making Advanced Battery Cells

Earlier this month, Ola had announced an investment of $500 million (about Rs 4,000 crore) to set up a cell research and development facility in Bengaluru

28 July 2022

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Ola In Talks With Multiple Global Suppliers For $1 Billion Cell Manufacturing

As part of its broader electrification push, the firm plans to invest in companies with advanced cell and battery technology, alongside the 50 Gwh battery plant.

07 June 2022

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27 May 2022
Ola Scouts For Land To Set Up Cell, Electric Car Factories

Ola Scouts For Land To Set Up Cell, Electric Car Factories

Ola Electric needs 1,000 acres of land to set up its cell gigafactory and electric car factory which is expected to attract an investment of Rs 10,000 crore


30 April 2022
Electric Scooter Erupts In Flames In Tamil Nadu As Govt Committee Inquires Into Accidents

Electric Scooter Erupts In Flames In Tamil Nadu As Govt Committee Inquires Into Accidents

This is the latest incident of explosions and fires in electric scooters in recent weeks that have turned out to be fatal at times.


25 April 2022
Ola Recalls Over 1,400 E-Scooters: What's Causing EV Accidents, What Is The Way Forward?

Ola Recalls Over 1,400 E-Scooters: What's Causing EV Accidents, What Is The Way Forward?

Ola’s recall has followed Okinawa Autotech's recall of over 3,000 units and Pure EV's recall of around 2,000 units.


24 April 2022
Ola Electric Recalls 1,441 Units Of Electric Two-Wheelers After Fire Incidents

Ola Electric Recalls 1,441 Units Of Electric Two-Wheelers After Fire Incidents

The company said its investigation into the fire incident on March 26, in Pune, is ongoing and a preliminary assessment found that it was an isolated one.


10 April 2022
Electric Vehicle Retail Sales Zoom Over Three-Fold In FY22

Electric Vehicle Retail Sales Zoom Over Three-Fold In FY22

Total electric vehicle (EV) retails reached 4,29,217 units in 2021-22, a rise of three-fold from 1,34,821 units in the financial year 2020-21.


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29 March 2022
Govt Orders Probe Into Fire Incident Involving Ola Electric Scooter In Pune

Govt Orders Probe Into Fire Incident Involving Ola Electric Scooter In Pune

The Centre for Fire Explosive and Environment Safety (CFEES) has been asked to probe the circumstances that led to the incident


17 March 2022
Ola Electric, Reliance To Get Incentives Under $2.4 Bn Battery Scheme: Report

Ola Electric, Reliance To Get Incentives Under $2.4 Bn Battery Scheme: Report

The government had last year finalised a programme to incentivise companies to make battery cells locally as it looks to establish a domestic supply chain for...


14 March 2022
Ola Electric To Open Next Purchase Window For S1 Pro Scooter On Mar 17, 18

Ola Electric To Open Next Purchase Window For S1 Pro Scooter On Mar 17, 18

The Bengaluru-based company said it is also bringing an exclusive special edition colour ‘Gerua’, in a beautiful glossy finish


24 January 2022
Ola Electric Raises $200 Million In Funding At A Valuation Of $5 Billion

Ola Electric Raises $200 Million In Funding At A Valuation Of $5 Billion

In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at $3...


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