Tag: Ola Electric

Ola Electric's Rs 1,000 crore rights issue opens on October 22, closing October 30, 2026, at Rs 27/share.

Ola Electric's Bhavish Aggarwal pledged a 4.32% stake to fund his rights issue participation.

Ola Electric plans to raise up to Rs 1,500 crore through equity shares or convertible securities.

Ola Electric Mobility is seeking fresh capital amid challenges like falling market share and customer complaints.

India’s electric two-wheeler industry saw an 11% decline in August, with TVS Motor leading despite drops.

Ola Electric has secured a revised timeline for PLI incentives, aiming for 6 GWh by December 2026.

In July 2026, TVS Motor led EV two-wheeler registrations in India with 52,538 and 27.15% market share.

India's electric two-wheeler market saw a 12.2% rise in June, with TVS leading at 46,999 registrations.

The Delhi government approved a new Electric Vehicle (EV) Policy with purchase incentives and charging expansion.

Ather Energy plans to raise up to Rs 2,500 crore through QIP, FCCBs, and more, aiming for growth and flexibility.