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New Delhi: Ola Electric on Wednesday said it has expanded its network to 4,000 stores nationwide, a four-fold increase from its existing network. The company has opened over 3,200 new stores co-located with service facilities. The expansion spans beyond metros and Tier I and II cities into smaller towns and tehsils, Ola Electric said in…
Last Updated:December 26, 2024, 07:58 IST Stocks to watch: Shares of firms like India Cements, Swiggy, IndiGo, Ola Electric, Dabur, and others will be in focus on Thursday’s trade Stocks To Watch: Check Latest Market Trend On December 26 Stocks To Watch On December 26: The domestic market ended flat ahead of the holiday on…
Last Updated:December 26, 2024, 07:25 IST Ola Electric on Wednesday said it has expanded its network to 4,000 stores nationwide, a fourfold increase from its existing network. Ola Electric Scooter. (File photo) Ola Electric on Wednesday said it has expanded its network to 4,000 stores nationwide, a four-fold increase from its existing network. The company…
New Delhi: Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise. The Bhavish Aggarwal-led electric vehicle (EV) company is trying to boost its operational efficiency by reducing redundancies and “drive profitability”, according to multiple reports. The restructuring…
Mumbai: As the shares of Bhavish Aggarwal-led Ola Electric continue to slide, a massive Rs 38,000 crore worth of investors’ money has been eroded in the company’s stock in just a couple of months. The EV company’s shares have been trading around Rs 70 apiece, down almost 55 per cent or Rs 87.20 per share…
The agency has asked the Bureau of Indian Standards to conduct a detailed investigation. India’s top product certification agency will investigate e-scooter maker Ola Electric’s deficiency in service standards and product issues, India’s consumer affairs secretary told Reuters on Thursday. Last month, the Central Consumer Protection Authority (CCPA) sent Ola Electric a notice seeking an…
CCPA Orders Probe On Ola Electric: Ola Electric, an Indian electric two-wheeler manufacturer, has been making headlines since its inception for various reasons, including complaints about its electric scooter and after-sale service quality. Recently, Bhavish Aggarwal-founded Ola Electric found itself in big trouble as thousands of customers raised complaints, prompting intervention by the Central Consumer…
Last Updated:November 11, 2024, 08:17 IST Stocks to watch: Shares of firms like Tata Motors, Hyundai, Nykaa, Ola Electric, Tata Steel, and others will be in focus on Monday’s trade Stocks To Watch Stocks To Watch On November 11: The markets traded lackluster on Friday, ending slightly lower as the consolidation phase continued. In today’s…
New Delhi: The festive season turned out to be an electrifying month for EV two-wheeler manufacturers as retail sales of Electric two-wheelers increased 85 per cent on a YoY (Year on Year) basis to 1,39,031 units in October 2024. Last year this figure was 75,164 units. The increasing sales of EV vehicles show…
Last Updated:October 30, 2024, 2:56 PM IST Ola Electric has ramped up capacity at its service centres across the country by over 30% Ola Electric Scooters. (Photo: Ola Electric) India’s biggest e-scooter maker Ola Electric has ramped up capacity at its service centres across the country by over 30 per cent to transform its service…