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The Latest Breaking News from Ola

Electric 2w sales grew by a third last fiscal despite policy bumps

While the industry was dealing with policy uncertainties, a rollback in government subsidy pay-out quantum and litigation, there was a churn in the market share pecking order. Read further on Dynamite News:

Dynamite News

Ola Electric Unleashes S1 X Scooter With Bigger Battery, Extended Range

Ola Electric has announced the new S1 X 4kWh electric scooter in India, promising extended range for city commuters.

RideApart

Karnataka government announces new uniform fare structure for cabs in Bengaluru

The Karnataka government has introduced a new uniform fare for all cabs in the city, including those operating using aggregator platforms, like Ola and Uber, and traditional city taxis.

The Hindu

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‘This is a pandemic’: Ethiopia’s Oromia region gripped by surge in kidnappings

First it was rebel groups using abduction for political aims, but in a broken economy collecting ransoms is seen as easy money and now anyone can be a target

The Guardian - UK

Ola Electric Rolls Out New MoveOS 4 Update For S1 Scooters

Ola Electric has rolled out a major update for its S1 scooters under the new MoveOS 4. New connectivity and AI-powered features await users.

RideApart

Indian Tech Startups Head For The Markets In 2024, After Dodging Funding Winter

India's startup ecosystem is a vibrant and exciting space, bursting with potential and brimming with success stories.

International Business Times

Karnataka likely to launch State-owned ride-hailing app by February 2024

The Karnataka government plans to launch its own ride-hailing app, similar to Ola and Uber, this year. It is likely to be open for public use by February 2024, said Transport Minister Ramalinga Reddy

The Hindu

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Union slams RTC management for depriving public of transport facility in Andhra Pradesh

AP PTD Employees' Union slams RTC mgmt for depriving public of transport facility. Union president blames pandemic, failure to increase buses, app-based services, private bus operators & rulebook violations for declining OR. Urges mgmt to conduct study & take corrective measures to improve patronage.

The Hindu

Where women elevate shop floors

The Hindu

Not 70, more like 140: Ola CEO Bhavish Aggarwal adds more fuel to Narayana Murthy debate

Murthy had recently suggested that young individuals should be willing to dedicate 70 hours a week to work for the betterment of the nation.

The Economic Times

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

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

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RideApart

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?

The Hindu

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.

RideApart

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.

The Hindu

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.

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RideApart

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.

The Hindu

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.

RideApart

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.

The Hindu

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…

RideApart

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.

The Hindu

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

Ola hikes prices of S1, S1 Pro

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