Today, as Ola Electric goes public, I find myself reflecting on what this day truly represents. While IPO ceremonies happen frequently, this one is different because it marks not just my journey, but our collective journey. Though entrepreneurs often receive the spotlight, we all know it's the team
In the last decade, India has emerged as one of the world's fastest-growing major economies, with our GDP nearly doubling to $3.5 trillion. This growth showcases our resilience and potential despite global challenges. As we envision Viksit Bharat and enter Amrit Kaal, our focus must be on
पिछले दस सालों में, भारत दुनिया की सबसे तेजी से बढ़ती बड़ी अर्थव्यवस्थाओं में से एक बनकर उभरा है। इस दौरान हमारी जीडीपी लगभग दोगुनी होकर ३.५ ट्रिलियन डॉ
* Only Indian EV company to be awarded by the govt under Advanced Cell Chemistry (ACC) PLI scheme * Ola Electric will begin mass production for lithium ion-cells by 2023 Ola Electric, India’s largest EV company has today signed the agreement under the Production Linked Incentive (PLI) scheme by the Government
Ola Electric, India’s largest electric vehicles company has unveiled India’s first indigenously developed lithium-ion cell, NMC 2170. Built in-house, Ola will begin the mass production of its cell from its upcoming Gigafactory by 2023. The state of the art High Nickel Cylindrical Ola Cell uses NMC on the
Yesterday was the second and final day of purchase for the Ola S1 and S1 Pro, the first in our range of electric scooters. While day 1 of purchase was quite unprecedented for us and the auto industry, day 2 simply continued from where day 1 left off! The excitement
Over the last couple of months as we opened up reservations, lakhs of consumers booked their slot to purchase the revolutionary Ola S1 and S1 Pro. Yesterday we opened for purchase and consumers responded by booking the Ola scooters in unprecedented numbers! We sold 4 scooters every second! Infact in
* Ola will set up Battery Innovation Center (BIC) in Bangalore to develop futuristic and localized cell technology * Spanning across half a million sq. ft., BIC will be one of the world’s largest cell R&D centers and will recruit top industry talent including 500 PhDs and engineers at
When we launched our products about 1.5 years ago, India’s 2W industry changed. We brought to market a world class product engineered and manufactured in India. And it has within a year become the best selling EV in India. And also one of the best selling scooters ever
“There is no chance for the welfare of the world unless the condition of women is improved. It is not possible for a bird to fly on only one wing” – Swami Vivekananda An Aatmanirbhar Bharat requires Aatmanirbhar women. Today, I am proud to announce that Ola Futurefactory, will be run
Today marks Ola’s 13th foundation day. Ola was started 13 years ago with dreams in our eyes and the power of purpose in our hearts. Today there is such unparalleled optimism in India about the future and growing clarity about our role in the world. It is our moment
2022 will be remembered as the year India’s EV revolution truly took off. From just 4000 units a month in June 2021, the monthly run rate reached 80,000 units towards the end of 2022, a 20x growth! From less than 1% penetration in 2021, to almost 6% in