Ola Electric Lands ₹366.78 Crore from Government’s PLI Scheme for FY25
Ola Electric received Rs 366.78 crore incentives under the PLI scheme for FY25 from the Ministry of Heavy Industries.
Ola Electric received Rs 366.78 crore incentives under the PLI scheme for FY25 from the Ministry of Heavy Industries.
Bhavish Aggarwal has offloaded shares for the third straight trading session, selling 2.83 crore equity sh.
Ola Electric founder Bhavish Aggarwal sold over 4 crore shares, worth Rs 142 crore, reducing his stake.
Ola Electric CEO Bhavish Aggarwal sold 2% of his stake, valued at nearly Rs 92 crore, to repay a loan.
TVS Motor regained the top spot in November 2025 with a 25.92% share of the electric two-wheeler market.
Ola Electric’s revenue fell 47% in Q2 FY26, while losses widened by 23.3% to Rs 418 crore.
Bajaj Auto emerged as the leading E2W seller in October 2025, capturing a 21.69% market share.
Ola Electric plans to raise Rs 1,500 crore to boost expansion amid organizational restructuring.
Ola Electric's CEO Bhavish Aggarwal faces allegations related to an employee's suicide in Bengaluru.
TVS Motor led the E2W market in September with a 21.6% share, while Ola Electric slipped to fourth.