Tag: LFP cells
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