Last year, Ola had announced a Rs 2,400-crore investment for setting up its first electric scooter factory in Tamil Nadu
G R Arun Kumar joins as the Group CFO for Ola and CFO for Ola Electric, while Swayam Saurabh has come in as CFO for Ola's mobility, financial services and foods biz
With one-fourth the range of gasoline powered vehicles on a full tank, EVs have seldom been the primary vehicles of choice and evoke, what is called, "range anxiety"
Balachandar is a 33-year HR veteran who was most recently group director at Coffee Day; earlier stints include GE Healthcare and GE Capital, Strides Arcolabs and Stanchart
Burgess has spent almost three decades designing vehicles for the majority of British premium automotive manufacturers
Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said
Ola Hypercharger Network will also be the densest network, spread over 400 cities with more than 100,000 charging points
By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong
Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively
Ola Electric's scooter: Pricing would be critical as cost is the biggest deterrent at present
It is becoming a hub of electric two-wheeler investment by a slew of manufacturers and component suppliers
Pranay Jivrajka was CEO of Ola Foods and an early employee of the ride-hailing firm
SMEV data shows that two-wheeler EV sales between April and December stood at around 80,000 units - 3,000 units in Q1 (April-June), rising to 35,000 units in Q2 and 42,000 in Q3
EVs will become a more than $300-bn market by 2030. Charging of these vehicles is still a constraint and, therefore, all the players in this segment have created their own captive charging stations
The funds will help expansion plans, fight with rival Uber
Chinam Netaji Patro, who drove the research and development (R&D) of electrical and electronics at Bajaj Auto, joined Ola last month as its senior director for EVs