Ola Electric Mobility Ltd

Past performance
Performance overview
Ola Electric Mobility Ltd
About Ola Electric Mobility Ltd Ola Electric Mobility Ltd, established in Bengaluru in 2017, is a leading electric vehicle (EV) company in India, focusing on developing vertically integrated technology and manufacturing capabilities for EVs and their components, such as cells, battery packs, motors, and vehicle frames. The company operates through its Ola Futurefactory and aims to capitalize on the electrification of mobility within India, while also planning to explore select international markets. Since its first product launch in August 2021, Ola Electric has delivered four EV models, including the Ola $1 Pro, Ola $1, Ola S1 Air, and Ola S1 X+. They have announced additional models, including two new scooter variants and a lineup of four motorcycles, with expected deliveries of the scooters in the first half of Fiscal 2025 and the motorcycles by Fiscal 2026. The company transitioned to a public limited entity in November 2023, indicating its growth and future expansion plans.
Website olaelectric.com
Founded 2017
Headquarters Bangalore