Ola Electric has stepped forward to address the rising tide of consumer complaints regarding its electric two-wheelers. The company claims that 99.1% of the total 10,644 complaints filed with the Central Consumer Protection Authority (CCPA) over the past year have been resolved. This announcement follows a show-cause notice issued by the CCPA, citing unresolved grievances […]
Hyundai Motor India is gearing up to launch one of the most anticipated IPOs in recent memory, marking the first public issue by an automaker in India since Maruti Suzuki’s landmark listing in 2003. The Hyundai India IPO is set to open on October 15 and is expected to fetch up to ₹27,870 crore ($3 […]
Ola Electric, India’s largest electric vehicle (EV) manufacturer, has unveiled its biggest-ever sale for the festive season—aptly named the ‘BOSS’ (Biggest Ola Season Sale). In a move aimed at accelerating electric vehicle adoption across the country, the company is offering its S1 electric scooter at an entry price of just ₹49,999. This unprecedented offer has […]
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 […]
In a bold move that is set to redefine electric vehicle (EV) ownership, Ola Electric has unveiled its groundbreaking #HyperService campaign. This ambitious initiative aims to double the company’s service network from the current 500 centers to a staggering 1,000 by December 2024, ensuring unparalleled access to EV services across India. With EV ownership surging […]
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 […]
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 […]