Ola Electric: EV Maker Endures Another Major Week Of Decline At Dalal Street
Ola Electric, while continuing to be the largest EV scooter maker in the country, is finding itself in an increasingly ...
Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
A unit of Ola Electric Mobility Ltd. is facing insolvency petitions from two of its key vehicle registration service ...
Rest of World4d
The decline of India’s largest EV company — in charts
Ola Electric Mobility struggles to maintain its edge as legacy players tap into customer trust and brand loyalty.
Indiatimes14d
Ola Electric said to cut over a thousand jobs to stem losses
Ola Electric Mobility Ltd. is laying off over a thousand employees and automating operations to reduce costs amid rising losses and market share decline. The restructuring, impacting various ...
news24online14d
EV Major Ola Electric To Lay Off Over 1,000 Employees To Cut Costs
The electric scooter manufacturer, OLA Electric Mobility Ltd., has reportedly begun laying off over 1000 employees and contract workers as part of cost-cutting, according to media reports. The report ...
kalkinemedia14d
Ola Electric lays off over 1,000 workers as losses mount: what’s ailing the EV maker?
Ola Electric has laid off more than 1,000 employees and contract workers as the company looks to curb rising losses, Bloomberg reported. The cuts impact several departments, including procurement, ...
The Financial Express14d
Ola Electric to lay off over 1,000 employees to reduce losses
Ola Electric is on the “firing” line once again. The Bengaluru-based electric vehicle (EV) manufacturing startup finds itself in the news regularly, for wrong reasons more often than not.
Business Standard14d
EV major Ola Electric lays off over 1,000 employees amid mounting losses
Ola Electric Mobility Ltd, led by Bhavish Aggarwal, is laying off more than 1,000 employees and contract workers in an effort to curb rising losses, according to a Bloomberg report. The job cuts ...
India Today14d
Explained: Why Ola Electric shares fell over 5% to hit 52-week low today
In December, Bajaj Auto overtook it as the best-selling electric scooter brand, pushing Ola down to third place behind TVS Motor. By the end of 2023, Ola had lost its No. 1 position in nine out of ...
The Telegraph17d
Ola EV removes godowns to cut flab, optimizes retail network for faster deliveries
Ola Electric clarified in a stock exchange filing that actual sales remained unaffected during the month. Sources indicated that the company is on track to sell over 25,000 units this month, ...
Business Standard18d
Ola Electric, NTPC Green, One Mobikwik, 23 other IPOs hit new lows today
Ola Electric Mobility, NTPC Green Energy, One Mobikwik Systems, Unimech Aerospace and Manufacturing and Ventive Hospitality were among a total of 26 recently listed initial public offering (IPOs) to ...
Couriermail18d
BYD’s Sealion 7 tees off but does it land on the green?
This impressive new EV takes aim at Elon Musk’s best-selling ... Picture: Supplied Again, it’s a respectable round – but not a green jacket Much like LIV Golf, BYD has made a lot of noise ...