Synopsis: PLI certification is awarded to Ola Electric Mobility Limited for the Gen 3 scooter portfolio, projected to improve profitability from Q2FY26 onwards. The shares of India’s largest pure play EV company, which manufactures and produces both electric vehicles...
India has set ambitious targets for electric vehicle (EV) adoption by 2030, aiming for EVs to make up 30 percent of private car sales, 70 percent of commercial vehicle sales, 40 percent of bus sales, and 80 percent of two- and three-wheeler sales. At the state level,...
Synopsis: Ola Electric projects a 35–40% gross margin, positive cash flow, and up to 3.75 lakh vehicle sales in FY26; the stock surged 17.7%. A leading electric vehicle manufacturer known for its electric scooters and mobility solutions saw its stock surge 17%...
Synopsis: Ola Electric has launched MoveOS 5, its biggest software update yet, aimed at improving range, performance, and rider experience. Launched at a time when sales are slipping and losses are growing, it’s a bold step toward a turnaround. India’s leading EV...
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