Ola Electric has announced that it is investing $500 million (about Rs 4,000 crore) in a cell research and development facility in Bengaluru.
Ola
Posted inSectors
Ola Electric draws investment of USD 200 million at a valuation of USD 5 billion
Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss among others to partner Ola’s EV revolution.
Posted inSectors
Ola Electric opens reservation for Ola scooter
Ola Scooter can now be reserved for ₹499
Posted inSectors
Ola Electric raises US$100 million long term debt from Bank of Baroda
Largest ever in Indian EV industry.
Posted inPeople
Ola expands leadership team with appointment of new CFOs
Part of building a world class leadership team, says Chairman and group CEO, Bhavish Aggarwal.
Posted inUncategorized
Ola Electric appoints N Balachandar as CHRO
He will focus on building a world class talent organisation.
Posted inProducts & suppliers
OLA to deploy ABB robotics and automation solutions at its mega-factory for electric scooters
ABB’s remote digital connectivity and monitoring technology will ride on Ola’s proprietary AI engine and tech stack
Posted inProducts & suppliers
Ola adopts Siemens’ Digital Enterprise to build India’s most advanced manufacturing facility
The Ola factory will be the world’s largest scooter factory, to serve as a global hub
Posted inProducts & suppliers
Ola appoints Jose Pinheiro to Head Global Manufacturing and Operations for its electric biz
These manufacturing facilities will enable Ola to rapidly bring to market its wide range of two-wheeler products currently under development
Posted inSectors
Mahindra & Mahindra picks up 55% stake in Meru for Rs 201 crore
The first tranche of investment will be made in October