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The Latest Breaking News from Ola

Ola Electric Reportedly Eyeing IPO By End Of October 2023

Ola Electric is reportedly eyeing an IPO by the end of October, 2023, according to a recent report by Reuters.

RideApart

'Real mess': Rideshares refusing to drive guide dog users

Discriminating against guide dog users is a human rights violation.

The Canberra Times

Take A Look At Ola Electric's New S1 Pro Gen 2 And S1X Electric Scooters

Indian EV startup Ola Electric has launched its newest electric scooters – the S1 Pro Gen 2 and S1X lineup.

RideApart

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Wheels within wheels | Chennai’s autorickshaws riding through a midlife identity crisis

Auto rickshaws are part of Chennai's transport system since 1970s, providing a reliable mode of transport for passengers. Despite struggles, they have earned people's patronage. In the late 1980s & early 1990s, they even ferried expecting mothers to hospitals for free. In 2013, the Supreme Court directed the State to…

The Hindu

Ola Electric Unveils Its First Four Motorcycles Ahead Of 2024 Release

Ola Electric made its name in the electric scooter space in India, but its sights have always been set on global expansion. Can these four bikes do the trick?

RideApart

Ride-hailing app directed to refund, pay compensation to passenger

Hyderabad District Consumer Commission orders OLA to refund ₹912 and pay ₹2,000 compensation for deficiency in service. Complainant booked cab for 215 km trip, but was charged ₹5,848 for 273 km. OLA refunded ₹912, but complainant sought ₹1,730. Commission directed refund and compensation, plus ₹1,000 costs.

The Hindu

Indian Mobility Startup Ola Electric Inches Closer To IPO

Ola Electric has its sights set on an IPO despite a few issues concerning management arising in recent times.

RideApart

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Karnataka government will develop cab and auto aggregator app: Transport Minister

Transport Minister Ramalinga Reddy on Monday announced that the State Transport Department will develop a taxi and auto booking app similar to private cab aggregators like Ola and Uber.

The Hindu

Ola Electric To Launch Affordable S1 Air Electric Scooter On July 28, 2023

Ola Electric is set to launch its most affordable electric scooter model yet in the form of the S1 Air. The scooter is set to debut on July 28, 2023.

RideApart

Guidelines being framed for motor vehicle rental service aggregators, T.N. govt. tells Madras High Court

Govt. in process of framing guidelines for Ola, Uber; HC grants 1 month time. Madras HC's Div. Bench hearing a 2017 writ petition on regulating motor vehicle rental services granted govt. 1 month time to place guidelines before it. Petitioner's plea in public interest.

The Hindu

Ola Electric Starts Construction On New Gigafactory Facility In India

Indian electric vehicle maker Ola Electric began construction on its new Gigafactory vehicle production facility in Tamil Nadu, India, in June 2023.

RideApart

Driven by driver’s union, Bengaluru’s ‘Namma Yatri’ makes inroads through ONDC

Ravi Prasad, an IT employee in Bellandur, who normally books an auto every day to and from office through ride-hailing players such as Ola and Uber, recently switched to ‘Namma Yatri’ app. Mr. Prasad said he started to use this app after many auto drivers requested him to download the…

The Hindu

Indian EV Manufacturer Ola Electric Set To Begin IPO Discussions

Indian electric two-wheeler brand Ola Electric is reportedly set to start talks on going public. The company has big plans of expansion in the near future.

RideApart

Vendor of cab aggregator among three arrested for cheating companies with fake trip details

The cybercrime police unearthed a racket and arrested the vendor of a cab aggregator and two of his friends for allegedly cheating Ola and Uber by feeding fake trip details to earn incentives illegally.

The Hindu

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The Hindu

Ola hikes prices of S1, S1 Pro

RideApart

Is Ola Electric Planning To Go Public By The End Of 2023?

Indian electric two-wheeler manufacturer Ola Electric is riding a wave of popularity in India, and is reportedly in the midst of planning an IPO soon.

Reuters

Oromo rebels accuse Ethiopian forces of attacks following peace talks

Rebels from Ethiopia's Oromiya region accused the government on Wednesday of launching a military offensive against them after a first round of peace talks ended earlier this month without a deal.

The Hindu

Ola opens 500th showroom in India

EV start-up Ola Electric has announced the opening of its 500th Experience Centre (EC) in Srinagar, Jammu and Kashmir, as part of its strategy to expand its direct-to-consumer (D2C) presence in the country.

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RideApart

Ola Electric Sells 30,000 New Scooters Across India In April 2023

Indian electric scooter startup Ola Electric announced impressive sales of 30,000 scooters throughout the country in April 2023, topping the sales charts.

Reuters

Ethiopia to begin negotiations with OLA rebel group

Ethiopian Prime Minister Abiy Ahmed and the rebel Oromo Liberation Army (OLA) will begin peace negotiations in Tanzania on Tuesday, the two sides said.

RideApart

Ola S1 Scooter Is Best-Selling Electric Scooter In India For February 2023

Ola Electric is off to a roaring start in 2023, after selling a total of 17,667 S1 scooters in February alone.

InsideEVs

Tesla Germany, Genesis USA, Hyundai Pricing, And Ola: Top EV News Feb 23

We've got news about Tesla Superchargers in Germany, plans for the world's largest EV hub, Genesis' US EV production, and the Hyundai Ioniq 6.

The Conversation

Ride-share companies are losing billions, so why their interest in unprofitable public transport?

Why do Uber, Lyft, Didi, OLA and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t…

Reuters

Ethiopia commission accuses Oromiya rebels of killing 50 people

(This Feb. 15 story has been corrected to say the commission report indicated members of the Amhara ethnic group were targeted in the attack)

RideApart

Ola Electric To Open 100 More Experience Centers In January, 2023

Ola Electric founder and CEO Bhavish Aggarwal has announced the inauguration of 100 more Experience Centers by January 26, 2023.

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