The plan is to “launch the motorcycles in a credible way and also fix some of the front-end operational challenges,” Aggarwal said. Ola Electric Mobility Ltd.’s blockbuster initial stock offering last ...

Bhavish Aggarwal is leaning heavily on a new home-battery venture to stabilise Ola Electric as the EV startup faces sinking sales, investor hesitation and mounting financial pressure, Bloomberg ...

Ola said operating cash flow remained negative due to “continued operating losses and lower-than-expected sales volume.” Ola Electric is finding it increasingly difficult to raise capital despite last ...

Ola Electric Mobility Ltd.’s blockbuster initial stock offering last year had investors clamoring to buy over four times the number of shares publicly available. Now, it’s struggling to find backers ...