[ad_1] Shares of Ola Electric Mobility Ltd. were trading with gains of as much as 3% on Wednesday. The company informed the exchanges that it expects to achieve automotive segment EBITDA breakeven in the next quarter (Q1FY26), with the financial impact of recent initiatives fully reflecting from April 2025. Ola Electric Mobility said that it […]
Ola Electric expands PLI-certified lineup with S1 X 2kWh scooter – CNBC TV18
[ad_1] Ola Electric today announced that its most affordable electric scooter, the S1 X 2kWh, has received the Production Linked Incentive (PLI) Certification for meeting localisation requirements under the Ministry of Heavy Industries’ PLI Scheme for automobiles and auto components. This marks Ola’s fifth product to achieve this recognition, alongside its other models, including the […]
Ola Electric Mobility raises ₹2,763 crore from anchor investors – CNBC TV18
[ad_1] Electric two-wheeler company Ola Electric Mobility on Thursday (August 1) said it has raised ₹2,763 crore from anchor investors. The anchor round saw participation from a host of investors such as FPIs, domestic mutual funds and insurance companies, according to a circular uploaded on BSE’s website. SBI Mutual Fund (MF), HDFC MF, Nippon India […]