The Latest Breaking News from Ola Electric

Ola Electric Q4 loss narrows 42.5% to Rs 500 crore, CEO Aggarwal bets on volume recovery

The Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year (YoY) to Rs 265 crore from Rs 611 crore a year earlier, according to the company’s filing.

The Economic Times · May 20

Ola Electric infuses Rs 2000 crore in EV and cell manufacturing

Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital infusion aims to strengthen its core EV business and scale up battery operations amid rising competition and profitability concerns.

The Economic Times · May 15

Ola Electric to invest Rs 2,000 crore in EV, battery cell units

Ola Electric Mobility's board has approved a significant Rs 2,000 crore investment. This capital will bolster its electric vehicle and battery cell manufacturing arms. The company aims to strengthen its EV ecosystem and scale operations. Investments will be made into Ola Electric Technologies and Ola Cell Technologies. These funds will…

The Economic Times · May 15

This Insane Futuristic EV Superbike Is Coming In 2027, No Really

Ola’s crazy electric superbike concept, the Diamondhead, is supposedly entering production and launching in 2027.

RideApart · Aug 25, 2025

This EV Scooter Company's Fall From Grace Is Painful To Watch

Ola Electric has posted steep losses for the second year in a row with a loss of 8.7 billion rupees, amid mounting pressure from investors and competitors.

RideApart · Jun 5, 2025

This Indian Startup Is Betting On Faster Electric Motorcycle Adoption

The EV revolution is picking up speed, and two-wheelers are leading the charge—especially in markets where they’re the go-to mode of transport. Electric motorcycles and scooters promise to be cheaper to run, more eco-friendly, and perfect for cities where traffic jams are a constant occurrence.

RideApart · Feb 12, 2025

Ola’s Roadster X Electric Motorcycle Is Real, and It’s Ready To Hit India’s Roads

Ola Electric is a name you’ve already probably heard of, even if its operations are confined solely to the Indian market for now. It has managed to capture global attention thanks to its affordable and tech-loaded EV scooters, and now, it’s venturing into the motorcycle world, too.

RideApart · Feb 6, 2025

Ola Electric Just Opened 3,200 New Stores, Which Could Be a Good Or Bad Thing

Ola Electric is a company we’ve talked about quite a bit over the years. And despite holding operations solely in India, at least for now, the company has managed to propel itself into the global spotlight simply because of how quickly it has grown.It all started with the S1 electric…

RideApart · Jan 3, 2025

Ola’s Swappable Batteries Are the Future of Urban Mobility

Earlier this year, I had the pleasure of experiencing what the future of urban mobility could look like while testing Can-Am's new Pulse and Origin. As fun as these bikes were, I'm not sure how I'd get on living with one, considering their conventional charging systems. Like most people who…

RideApart · Dec 4, 2024

Ola Electric Now in Sights of Watchdog Agency, After It Received 10,000 Complaints

As RideApart's own Robbie Bacon likes to say, "Scams, they're everywhere." 

RideApart · Nov 18, 2024