Ola said the Karnataka High Court has granted protective orders in favour of the company and its officials
Ola Shakti can power appliances such as air conditioners, refrigerators, and pumps, offering up to 1.5 hours of backup at full load
Ola Electric share price: The EV scooter-maker is set to launch its first non-vehicle product called 'Ola Shakti' tomorrow.
Bengaluru-based startup aims to scale production with diversified portfolio to challenge established players
The Ola S1 scooters and the Ola Roadster X motorcycles can be had at a starting at Rs 49,999 for nine days.
To mark the milestone, the company has rolled out a special edition RoadsterX+ in a midnight blue, with sporty red accents across dual tone seat, rims and the battery pack.
Ola Electric share price: The shares of the Bhavish Aggarwal-led company gained nearly 4% earlier during the day to hit an intraday high of Rs 61.02 apiece. They later pared some gains to close at Rs 60.79 apiece.
Backed by Rs 3,000 crore in 'eligible sales', Ola Electric is expected a liquidity boost through PLI payout
Ola Electric share price: The stock has now fallen more than 14% in two consecutive sessions. This came after nearly 80% rally in nearly three weeks, buoyed by multiple factors.
Ather Energy went public in July 2025, shortly after rival Ola Electric’s listing in August 2024, which was India’s first major EV startup IPO.
Ola Electric share price: The stock rallied as much as 63% in nearly a month after debut to hit a 52-week high of Rs 123.9 apiece in September 2024. The stock then plunged 68% to hit a low of Rs 39.6 apiece in July this year.
According to VAHAN data, overall retail sales of electric two-wheelers touched 1,03,802 units in August 2025.
Ola Electric shares hit an intraday high of Rs 61.88 apiece, while Ather Energy shares hit an all-time high of Rs 512.80 apiece, as seen at 12.50 am.
Ola Electric share price: The stock has now recovered nearly 41% from its 52-week low in just over a month.
The PLI certification makes company eligible for incentives ranging from 13-18% until 2028
At close, the Sensex was up 329.06 points or 0.40 percent at 81,635.91, and the Nifty was up 97.65 points or 0.39 percent at 24,967.75. About 1830 shares advanced, 2169 shares declined, and 178 shares unchanged.
In today’s Tech3 from Moneycontrol, we start with a big update. The Online Gaming Bill 2025 has received the President’s assent and Union IT Minister Ashwini Vaishnaw explains why India banned real money gaming. We also cover how D2C brands are battling the festive quick commerce rush, Ola Electric’s shareholder approval to reallocate IPO proceeds, and OpenAI’s move to set up its first India office in New Delhi.
The 'variation' gives Ola Electric flexibility to reallocate its IPO funds in line with evolving business requirements and sectoral challenges, while the extension provides additional time for deployment of the capital
Ola Electric share price: According to the latest data on VAHAN portal, Ola Electric has recorded 9,681 registrations in August so far. This is lower than the 10,283 registrations recorded by EV-rival Ather Energy during the same period
Ola Electric share price: The rally comes as the company outlined an aggressive EV growth strategy at its Sankalp event, targeting a 25–30 percent market share and stronger profitability.
Aggarwal tells Moneycontrol that the past six months have been 'transitional', as Ola Electric phased out its Gen 2 scooters, ramped up supplies of its Gen 3 models and introduced its electric bike
Ola's Bhavish Aggarwal said that starting next quarter, the company will integrate its in-house ferrite motor technology into products to de-risk from the rare earth supply chain.
'The best companies in the world are always built in public markets... the rigour comes in from public market scrutiny,' Aggarwal tells Moneycontrol
Ola Electric CEO Bhavish Aggarwal guided Moneycontrol’s Chandra R Srikanth through the intricate cell manufacturing process, while candidly addressing questions on market share, user feedback, competitive dynamics and lessons drawn from the public markets.
Bhavish Aggarwal said Ola’s Gen3 platform, in-house tech, and D2C strategy give it an edge as industry consolidates