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 Opens First Dealer Stores, Targets 500 Plus Dealership Network

Leading electric two-wheeler manufacturer Ola Electric has launched its first cohort of network partner stores, with dealer-operated outlets going live across Rajasthan, Tamil Nadu, Maharashtra, Bihar, Telangana, Uttar Pradesh and Madhya Pradesh. The new stores are aimed at deepening Ola Electric’s presence in key regional markets and meeting local demand for its electric scooters and […]

CW Bureau · Sep 4, 2026

AUTO Ola Electric Secures ₹96 Cr Production Linked Incentive For FY27

Leading electric vehicle manufacturer Ola Electric has received a sanction order from the Ministry of Heavy Industries for the release of ₹95.81 crore in incentives under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). The sanction pertains to the demand incentive under the PLI-Auto Scheme for FY27 and authorises the payment […]

CW Bureau · Aug 29, 2026

MANUFACTURING Ola Electric Expands Shakti Portfolio To Home Batteries, Industrial Storage

Ola Electric has unveiled an expanded Ola Shakti energy storage portfolio, marking a push beyond electric mobility into residential, commercial, industrial and utility-scale energy storage. Built around indigenous LFP battery technology and Ola Electric’s vertically integrated cell-to-system capabilities, the Shakti portfolio spans three segments,  Shakti Gen2 for homes, Shakti Rack for commercial and infrastructure applications, […]

CW Bureau · Aug 17, 2026

AUTO Ola Electric Eyes Defence, Aerospace Demand To Scale Up Cell Business

Ola Electric is expanding the addressable market for its in-house battery cells beyond electric vehicles and conventional energy storage, with the company entering into MoUs covering defence and UAV applications, near-space constellation platforms and utility-scale energy storage. The company said in its Q1FY27 shareholders’ letter that these new demand pools could create an additional growth […]

CW Bureau · Aug 8, 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 Reports Strong Q1 FY27 Comeback, June Registers 16,144 EVs

Ola Electric said it registered 43,719 electric two-wheelers in the first quarter of FY2026-27, nearly doubling from 22,252 vehicles in the preceding quarter, according to VAHAN data. The company also recorded 16,144 vehicle registrations in June 2026, making it its strongest monthly performance in recent quarters and reflecting sustained business momentum. Sequential growth gathers pace […]

CW Bureau · Jul 1, 2026

AUTO Ola Electric Secures BIS Certification For Indigenous LFP 46100 Battery Cell

Ola Cell Technologies (OCT), a wholly owned subsidiary of Ola Electric, has received the Bureau of Indian Standards (BIS) certification for its indigenously developed LFP 46100 cylindrical cell, becoming the first Indian company to secure BIS certification for a locally developed cell in the 46100 format. The certification marks a significant milestone in India’s efforts […]

CW Bureau · Jun 23, 2026

AUTO Ola Electric Beats Industry Growth With 23% Rise In May Registrations

Leading electric two-wheeler major Ola Electric continued its recovery trajectory in May 2026, reporting registrations of 15,139 units, up from 12,323 units in April, according to VAHAN data. The increase translates into a 23% month-on-month growth, marking the company’s third consecutive month of sales recovery. The performance comes amid a broader rebound in India’s electric […]

CW Bureau · Jun 1, 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

AUTO Ola Electric Pares Q4 Loss 43%, FY26 Loss Narrows 19% Amid Cost Reset

Ola Electric reported a sharp narrowing of losses in both the fourth quarter and the full year of FY26, as the electric two-wheeler maker cited improvements in gross margins, lower operating expenses, stabilising service operations and an early recovery in sales momentum. The company posted a consolidated net loss of ₹500 crore in Q4 FY26, […]

CW Bureau · May 20, 2026