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
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 said in a statement on Tuesday it will begin the mass production of its cell from its upcoming Gigafactory by 2023
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
The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007
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...
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
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.
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
This is the latest incident of explosions and fires in electric scooters in recent weeks that have turned out to be fatal at times.
Ola’s recall has followed Okinawa Autotech's recall of over 3,000 units and Pure EV's recall of around 2,000 units.
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.
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.
The Centre for Fire Explosive and Environment Safety (CFEES) has been asked to probe the circumstances that led to the incident
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...
The Bengaluru-based company said it is also bringing an exclusive special edition colour ‘Gerua’, in a beautiful glossy finish
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...