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Tech News
Hyundai, Kia Sell Stake in Ola Electric, Exacerbating Share Slump
South Korean automakers Hyundai Motor and Kia sold about 136 million shares in Ola Electric Mobility on Tuesday, just days…
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Tech News
Ola Electric’s Quarterly Loss Widens to Rs. 870 Crore
India’s top electric two-wheeler maker Ola Electric Mobility reported a wider quarterly loss on Thursday, hurt by falling sales and…
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Tech News
Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Ola Electric Mobility on Tuesday said its arm Ola Electric Technologies Pvt Ltd has amicably settled all dues with its…
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Tech News
Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
India’s Ola Electric Mobility said on Friday that the government has sought information from the electric two-wheeler maker on the…
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Ola Electric Stores See Raids, Seizures on Flouting India Rules
Ola Electric Mobility Ltd.’s rapid expansion into brick-and-mortar showrooms is running into regulatory trouble. The Bengaluru-based electric scooter maker, once…
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Tech News
Ola Electric Gets Government Notice for Missing Battery Plant Setup Target
Indian electric two-wheeler maker Ola Electric received a letter from the federal government on Tuesday for missing a key milestone in the setup of its planned battery “gigafactory”. Ola was selected in 2022 for…
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Tech News
Ola’s Bhavish Aggarwal Announces Krutrim AI Lab, Releases Open-Source Krutrim-2 Model
Ola founder and chairman Bhavish Aggarwal announced the Krutrim AI lab on Tuesday. The AI-focused research lab will be the…
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Tech News
Uber Denies Implementing Phone Model-Based Pricing in India
Uber said it does not set ride prices based on a user’s phone model, shortly after an Indian government body…
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CCPA Sends Notice to Uber, Ola Over Pricing Disparity on Apple, Android Phones
An Indian government body has sent notices to ride-hailing firms Ola and Uber over alleged differential pricing for Android and…
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Tech News
India’s CCPA to Probe E-Scooter Maker Ola Electric Over Service, Product Standards
India’s top product certification agency will investigate e-scooter maker Ola Electric’s deficiency in service standards and product issues, India’s consumer…
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Tech News
Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric Mobility’s shares surged 20% on their trading debut in Mumbai on Friday, valuing the company at $4.8 billion,…
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Tech News
Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
SoftBank-backed Ola Electric’s IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday,…
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