Ola Electric Mobility Limited has achieved another critical milestone in India’s fast-growing electric vehicle (EV) sector. The company recently announced that its affordable mass-market electric scooter, the S1 X 2 kWh, has received certification under the prestigious Production Linked Incentive (PLI) scheme for the automobile and auto components industry. This is a momentous achievement not […]
Ola Electric has solidified its position as a leading force in the Indian electric vehicle (EV) market with the recent launch of its new electric motorcycles and a groundbreaking announcement regarding its battery technology. At its annual event, Sankalp 2024, held on August 15, 2024, at its Futurefactory in Krishnagiri, Tamil Nadu, Ola Electric introduced […]
The Ministry of Heavy Industries has given a major boost to India’s Advanced Chemistry Cells (ACC) battery storage market by awarding a combined capacity of 30GWh to three key players—Ola Cell Technologies Pvt. Ltd., ACC Energy Storage Pvt Ltd., and Reliance New Energy Battery Storage Ltd. The Ministry aims to reach a whopping 50GWh production […]
A shocking explosion in Krishnagiri district’s firecracker factory turned a normal Saturday into a nightmare for the residents of Tamil Nadu, as at least eight people, including three women, met a horrifying end. The blast not only ripped through the firecracker factory but also shattered nearby homes and shops, causing significant damage and injury. The […]
Veranda Learning Solutions, an Indian edutech company, said that its subsidiary Veranda RACE has opened its 25th RACE delivery partner centre, which is located in Krishnagiri, Tamil Nadu. For more than 10 years, Veranda RACE has been offering education and training via blended and offline learning models to students for banking, insurance, railways, staff selection […]
Ola Electric, a business unit of ANI Technologies, has signed a 10-year debt financing agreement for $100 million with Bank of Baroda for funding and financial closure of phase 1 of its Ola Futurefactory. To be located in Krishnagiri, Tamil Nadu, Ola Futurefactory will be the global manufacturing hub of Ola Electric for its electric […]