This aggressive expansion plan comes as the Bengaluru-based company is facing stiff competition from legacy players amid concerns related to its inability to provide smooth after-sales services.
"Over the next two years, we will launch 20 products, with at least 1 new product every quarter," said Ola Electric in its latest investor presentation. Currently, Ola has the broadest portfolio in EV scooters with 6 models across a price range of ₹75,000 to ₹150,000. It is now focusing on entering other 2/3W categories.
Denne historien er fra November 10, 2024-utgaven av The Morning Standard.
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Denne historien er fra November 10, 2024-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Air Travels From 'Poor' To 'Severe'
After brief respite, it deteriorates to 'severe' levels by night with AQI above 400-mark
UNPACKING A SHIFTING IDENTITY
Historian Manu S Pillai breaks new ground with his latest book, Gods, Guns and Missionaries: The Making of the Modern Hindu Identity, interlacing a diverse cast of maharajahs, poets, revolutionaries, philosophers and missionaries to explore the political, cultural, and colonial forces that shaped the modern Hindu identity
Gukesh loses as Ding pulls off a classic
After four hours and change in the humble, unglamorous everyday office chair, Ding Liren finally got up. He left the playing hall for a break.
Biggest and brightest: India script 'special' win
Bumrah & Co register 295-run victory, take 1-0 lead against Oz
From almost being MI net bowler to ₹4.8 crore signing: Allah's journey
LESS than a year ago, Allah Mohammad Ghazanfar was excited to be a net bowler for Mumbai Indians for the 2024 edition.
Odisha FC hit six past listless Hyderabad FC
ODISHA FC produced a splendid performance to overcome Hyderabad FC 6-0 in the ongoing Indian Super League here on Monday.
Have enough cash to service debt, says Adani Group
Amid brewing troubles after the US Department of Justice (DoJ) indictment in a bribery case, the Adani Group has reassured investors that all its listed companies have sufficient liquidity to cover all debt servicing requirements for at least the next 12 months.
Amazon India plans quick commerce service 'Tez' by early next year
AMAZON India mulls foraying into the quick commerce space early next year with Tez, and a separate team is working on the project currently to understand its feasibility, and also to enhance its supply chain, according to sources.
More investors look to review ties with Adanis
Developments could have ramifications not only for group's global expansion but also funding of domestic projects
IndiGo's mkt share reaches to 63.3% in Oct
THE market share of IndiGo surged to a high of 63.3% in October 2024 as the country's largest airline carried 86.40 lakh passengers during the reported month, according to monthly data released by the aviation regulator DGCA.