The Ministry of Heavy Industries has signed contracts with Ola Electric, Reliance New Energy Ltd and Rajesh Exports, under the Production-Linked Incentive (PLI) Scheme for advanced cell chemistry (ACC) battery manufacturing.
Ola Electric
Posted inSectors
Ola to invest USD 500 million to set up battery innovation centre in Bengaluru
Ola Electric has announced that it is investing $500 million (about Rs 4,000 crore) in a cell research and development facility in Bengaluru.
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.
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Ola Electric appoints N Balachandar as CHRO
He will focus on building a world class talent organisation.
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Ola Electric intends to take e-scooter to international markets in FY22
It is working on setting up a Hypercharger Network for its electric vehicle.
Posted inPeople
Ola Electric ropes in auto veteran Yongsung Kim to head Global Sales & Distribution
The company gears up to launch its first electric scooter across India and multiple international markets