Hyundai and Kia Dispose of ₹690 Crore Stake in Ola Electric, Buyers Remain Unnamed
Hyundai and Kia have exited Ola Electric, selling their stake for Rs 690 crore, signaling a pullback.
Hyundai and Kia have exited Ola Electric, selling their stake for Rs 690 crore, signaling a pullback.
May 2025 saw strong electric two-wheeler sales, with TVS leading at 24,560 units for 24% market share.
Ola Electric Mobility has approved a plan to raise up to Rs 1,700 crore through debt instruments.
Ola Electric faces SEBI scrutiny over alleged insider trading linked to suspicious share activity.
TVS Motor leads India's electric two-wheeler market for April 2025, surpassing Bajaj Auto and Ola.
Ola Electric registered 23,430 units in March 2025, lagging behind Bajaj Auto and TVS.
Ola Electric settled a legal issue with Rosmerta Digital, clearing payments and withdrawing the case.
Ola Electric sold over 25,000 units in February 2025, maintaining a 28% market share in 2W segment.
Ola Electric reported a 19.4% revenue decline, with losses up 50%, highlighting a challenging quarter.
Ola Electric Regains Dominance in Electric Two-Wheeler Market