Ola Electric’s initial public offering (IPO) achieved full subscription on its second day of trading, as per the Bombay Stock Exchange (BSE) data. The company set the IPO price range between INR
Minimum Investment Rs 4150 Cr required with no cap on maximum Investment 3 years timeline for setting up manufacturing facilities in India, and start commercial production of EVs; 50% domestic value addition
The global electric vehicle (EV) market is poised for remarkable growth, with total sales projected to reach 51.6 million by the year 2035, according to insights from data and analytics company GlobalData.
Ola Electric, the electric vehicle manufacturer, has initiated the construction of its inaugural cell gigafactory in Krishnagiri, Tamil Nadu. Bhavish Aggarwal, CEO of Ola, announced this significant step in a tweet, highlighting
The Indian government is in the process of formulating a policy to incentivize local production of electric vehicles (EVs). This comes as foreign EV manufacturers, including Tesla led by Elon Musk and