AUTO
Ola Electric Board Approves ₹1,500-Cr Fundraise Plan To Fuel Growth
Ola Electric’s board has approved a proposal to raise up to ₹1,500 crore through the issuance of equity shares and/or securities convertible into or exchangeable for equity shares, as the electric two-wheeler maker looks to strengthen its financial resources. The enabling resolution, approved by the Board of Directors, provides for raising the funds through one […]
CW Bureau
·
Sep 6, 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
Zelio E-Mobility Opens Coimbatore Plant, Expands Capacity To 2.4 Lakh
Zelio E-Mobility has strengthened its manufacturing footprint with the inauguration of a new production facility in Coimbatore, Tamil Nadu, as the electric two and three-wheeler maker accelerates its expansion in South India. The new facility, spread across approximately 39,000 sq. ft., will support electric scooter assembly, storage, logistics and allied operations. It will primarily cater […]
CW Bureau
·
Jul 13, 2026
AUTO
SHE Power: Sulajja Firodia Turns Kinetic Energy Green As Rivals Go Red
Sulajja Firodia Motwani’s transformation of Kinetic Energy into Kinetic Green is a striking example of how a legacy automotive brand reinvented itself by embracing electric mobility and sustainability. Legacy challenge and the need for reinvention The Kinetic Group, founded by H. K. Firodia, was once synonymous with popular two-wheelers such as the Luna and the […]
CW Bureau
·
Mar 8, 2026
