business / news / / The Economic Times
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges.
Ola Electric's net cash turned into a net debt of ₹670 crore by December 2025.
KEY POINTS
- Ola is attempting to raise up to ₹2,000 crore by selling a stake in its battery arm.
- Ola Electric began using in-house manufactured LFP-based cells in vehicles from next quarter.
- Key CXO positions at Ola Electric have been vacant for up to two years, impacting operations.
- Ola Electric's market cap is now just a third of its peak valuation, far below earlier ambitions.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →