Tag: Bhavish Aggarwal
AUTO Ola Electric Launches S1Z With Bharat Cell LFP Technology At ₹79,999

Ola Electric has launched the S1Z, its new mass-market electric scooter range and the first scooter range in India to feature the company’s indigenously developed Bharat Cell LFP technology. The S1Z brings Ola Electric’s 46-series LFP cell platform, developed at its Battery Innovation Centre and manufactured at the Ola Gigafactory, to its most accessible scooter […]

CW Bureau · Aug 28, 2026
AUTO Ola Electric Gets ₹7,240-Cr PLI Boost, Cell Manufacturing Runway Till 2031

Ola Electric Mobility Ltd has secured a revised five-year production-linked incentive (PLI) window through CY2031 for its 20 GWh advanced chemistry cell (ACC) allocation, potentially unlocking cumulative incentives of up to ₹7,240 crore as it scales up domestic cell manufacturing. The Ministry of Heavy Industries (MHI) has approved revised timelines for Ola Cell Technologies Pvt […]

CW Bureau · Aug 12, 2026
AUTO Ola Electric Narrows Q1 Net Loss To ₹336 Cr Despite 45% Revenue Drop

Ola Electric Mobility Ltd reported a narrower consolidated net loss of ₹336 crore for the first quarter ended June 30, 2026 (Q1 FY27), compared with ₹428 crore in the corresponding quarter last year, even as revenue declined sharply amid a business reset undertaken during FY26. The electric two-wheeler maker’s revenue from operations fell 45% to […]

CW Bureau · Aug 7, 2026
AUTO Ola Electric Shifts To Dealer-Led Sales Model, Plans Pan-India EV Expansion

Ola Electric is opening its sales and service network to dealer partners across India, marking a significant shift in its go-to-market strategy five years after launching its first electric scooters. The move signals a transition from a predominantly company-owned retail model to a dealer-led distribution strategy as India’s electric vehicle (EV) market enters a more […]

CW Bureau · Aug 6, 2026
INFRASTRUCTURE Ola Electric Powers Into Grid Storage, Signs Axis Energy Pact For 20 GWh

Ola Electric Mobility Ltd is making a major push into the utility-scale energy storage market, signing a memorandum of understanding (MoU) with Axis Energy that envisages the deployment of up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement marks the first large-scale commercial partnership for Ola Mahashakti, the company’s upcoming […]

CW Bureau · Aug 5, 2026
AUTO Ola Electric Targets 15-20% Market Share Recovery In Next Six Months

Ola Electric said it is aiming to rebuild its national market share to 15-20% over the next six months, supported by improved service stability, stronger sales execution, higher store productivity and the ramp-up of its Roadster electric motorcycle portfolio. In its shareholder letter, the company said the recovery momentum is broad-based across regions, with Northern […]

Sajan C Kumar · May 21, 2026