October 14, 2026
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Ola Electric to Invest $208.5 Million in EV and Battery Units

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Ola Electric has announced an investment of $208.5 million into its core vehicle and battery cell businesses as the Indian electric two-wheeler maker intensifies efforts to cut costs and boost local manufacturing. The SoftBank-backed company said the investment, expected to be completed by May 14, 2027, will support automation, in-house EV cell production, and the […]Continue Reading
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Ola Electric Slashes Roadster X+ Price by ₹60,000 Amid Cost Efficiencies

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Ola Electric Mobility Ltd on Thursday announced a significant price cut of ₹60,000 on its flagship electric motorcycle, the Roadster X+ 9.1 kWh, bringing its price down to ₹1,29,999 from ₹1,89,999. The reduction has been driven by improved cost efficiencies achieved through scaling production at its Gigafactory and deep vertical integration of its indigenously developed Continue Reading
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Ola Electric Plans ₹2,000 Crore Stake Sale in Battery Arm Ola Cell Technologies

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Ola Electric has initiated plans to raise up to ₹2,000 crore by selling a stake in its battery subsidiary, Ola Cell Technologies (OCT), according to sources familiar with the matter. Investment banks Avendus and Motilal Oswal Financial Services have been mandated to manage the fundraising process. The move comes as the electric vehicle maker seeks […]Continue Reading

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