India's EV job market faces challenges with Tesla hiring in Maharashtra and Ola Electric laying off over 1,000 employees.
The EV maker, in an exchange filing, said it expects the automotive segment's Ebitda breakeven in Q1 FY26, as a result of company-wide initiatives to reduce cost and improve customer experience. Ola ...
Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive ...
However, Ola Electric “strongly disputes” the claims made, and has sought appropriate legal advice, according to its letter filed to the National Stock Exchange of India. The EV maker also ...
Troubles have been mounting for Bhavish Aggarwal-led Ola Electric over the past few months. From regulatory hurdles to consumer complaints and rising losses, the EV maker is now facing insolvency ...
Asian stocks rose on Tuesday, taking cues from the Wall Street, as the prospect of narrower-than-feared U.S. tariffs boosted risk appetite, while the dollar hovered near three-week highs after ...
Ola Electric Mobility received a valuation of $3 billion within the first five years of launch and secured backing from marquee investors like American venture capital firm Tiger Global and Japanese ...
Ola Electric's eligibility for the incentive underscores its leadership in India's EV revolution and its commitment to developing a robust local manufacturing ecosystem. "We wish to inform you ...
While this move temporarily affected the company’s registration numbers on the VAHAN portal in February, Ola Electric clarified in a stock exchange filing that actual sales remained unaffected during ...
Ola Electric Mobility Ltd, led by Bhavish Aggarwal, is laying off more than 1,000 employees and contract workers in an effort to curb rising losses, according to a Bloomberg report. The job cuts ...
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