February 15, 2026
Home Posts tagged Ola Electric
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Ola Electric on Tuesday announced that its flagship electric motorcycle, the Roadster X+, has received government certification powered by the company’s in-house developed 4680 Bharat Cell battery pack. In an exchange filing, the company said deliveries of the Roadster X+ (9.1 kWh) will begin soon after its approval under the Central Motor Vehicle Rules (CMVR), […]Continue Reading
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Ola Electric has strongly dismissed accusations of stealing battery technology from a former LG Energy Solution executive, calling the claims “misleading and completely baseless.” The company asserted that the allegations are a targeted attack by a foreign competitor concerned about India’s growing strength in electric vehicle manufacturing and innovation. According to Continue Reading
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Bengaluru, India – Ola Electric (OLAE.NS) reported a narrower consolidated loss for the second quarter, driven by its core automotive business turning profitable for the first time. The electric two-wheeler maker posted a net loss of ₹4.18 billion ($47.56 million) for the quarter ended September 30, compared to ₹4.95 billion a year earlier. The company’s […]Continue Reading
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Ola Electric founder Bhavish Aggarwal and senior executive Subrath Kumar Das have been named in a police complaint following the death of employee K. Aravind, who reportedly accused them of harassment in a 28-page note before dying by suicide. The complaint, filed by Aravind’s brother in Bengaluru, alleges that the employee was under extreme work […]Continue Reading
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Hyundai Motor has fully exited its investment in Ola Electric, while Kia has trimmed its stake, collectively raising approximately ₹6.89 billion ($80 million), according to exchange filings accessed by Reuters. Hyundai, which held a 2.47% stake, sold its shares at ₹50.70 each, while Kia offloaded 0.6% at ₹50.55 per share. The move triggered an 8% […]Continue Reading
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The Central Consumer Protection Authority (CCPA) has directed the Bureau of Indian Standards (BIS) to conduct a thorough investigation into Ola Electric following multiple complaints about deficiencies in its products and services. The move comes after a significant number of grievances were reported by consumers via the National Consumer Helpline (NCH). According to Nidhi Continue Reading
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Ola Electric, the electric vehicle manufacturing division of Ola, has undergone a transition from a private company to a publicly listed entity as part of its preparations for an upcoming initial public offering (IPO). The company, established in 2017, has also modified its name to Ola Electric Mobility Limited, as indicated in regulatory filings. With […]Continue Reading
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