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Ola Electric shares fell 6.5 per cent after Goldman Sachs downgraded the stock to sell and cut its target price to Rs 23. Concerns over cash flow, funding needs, rising costs, declining revenue and market share weighed on investor sentiment
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Ola Electric plans to hire around 1,000 senior service technicians and specialists to strengthen its after-sales workforce under the Hyperservice programme. The initiative aims to improve repair accuracy, service centre operations, and customer experience, complementing digital tools and nationwide expansion to ensure consistent, long-term EV service quality across India
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Case relates to alleged suicide of a 38-year-old employee, K Aravind, who reportedly left behind a death note accusing his seniors of workplace harassment
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Bengaluru police have registered a case of abetment to suicide against Ola CEO Bhavish Aggarwal and senior executive Subrath Kumar Das following the death of employee K Aravind, who allegedly left behind a detailed note accusing workplace harassment. Ola has denied the allegations and challenged the FIR in court.
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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