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Ola Electric announced its Gen-3 initiative with the launch of Bharat Cell 4680, Ferrite Motor technology to replace rare earth magnets, and AI-powered MoveOS6. Founder Bhavish Aggarwal also unveiled the Pro Sport scooter and futuristic Diamond Head motorcycle prototype
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Amid stiff competition and user complaints, the company's stock price and market capitalisation have also plummeted. The firm reported a Q1 FY26 net loss, signaling a challenging financial period
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Ola Electric reported a Q1 FY26 net loss of ₹428 crore as revenue fell nearly 50% YoY to ₹828 crore. E-scooter deliveries dropped sharply, and share prices continue to slump amid rising losses and operational consolidation efforts
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Ola Electric has begun rolling out its new MoveOS 5 software to S1 scooters and Roadster X bikes. The upgrade, delivered via OTA, promises better range, improved performance, and a more refined riding experience, especially on the Gen-3 platform
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Over the past one month, the stock of the Bhavish Aggarwal-led company has lost 21.74 per cent of its value
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Kotak Securities slashed price target on Ola Electric by 40 per cent to Rs 30 from Rs 50, citing continued losses and rising competition
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Ola Electric reported a consolidated net loss of Rs 870 crore in the fourth quarter ended March 2025, while noting that it is targeting profitability in the current fiscal
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The prices of the Roadster X+ series start at Rs 99,999 for the 2.5kWh variant, Rs 1,09,999 for the 3.5kWh variant, and Rs 1,24,999 for the 4.5kWh model
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Company rolls out the first Roadster X+ e-bike from its Futurefactory in Krishnagiri, Tamil Nadu
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Rosmerta Digital Services Ltd, its vehicle registration service provider, has sought initiation of insolvency proceedings against Ola Electric Technologies Pvt Ltd
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Bhavish Aggarwal-run Ola Electric reported a massive net loss of Rs 564 crore in Q3 of FY25. It is laying off more than 1,000 employees in its second round of job cuts within months
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The latest layoffs are happening across various departments, including procurement, fulfilment, customer relations and charging infrastructure, according to report
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The all-new Roadster X comes in 2.5kWh, 3.5kWh and 4.5kWh variants and are priced at Rs.74,999, Rs.84,999 and Rs.94,999, respectively. The Roadster series comes with a standard warranty of 3 years/50,000 km
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Company launches eight models under S1 brand; share price up 9.78 per cent from its previous close
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The reason cited is that Ola Electric announced its e-scooter expansion plans first on social media instead of announcing it on the stock exchanges
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Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer, step down from their roles citing personal reasons
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Ola Electric has said that the new range of scooters offers durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers
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The company reported 43% increase in net loss at Rs 495 crore in the July-September period, from Rs 347 crore in the previous quarter
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Through the ‘BOSS of All Savings’ offer, Ola Electric is allowing customers to save up to Rs. 15,000 on the purchase of an Ola S1, with potential annual savings of up to Rs. 30,000 due to lower running and maintenance costs compared to an ICE vehicle.
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The automotive testing agency, functioning under the Ministry of Heavy Industries, has requested clarification from the EV company regarding the price reduction for its S1 X 2 kWh electric two-wheeler in the recently announced sale.