business / news / / The Economic Times
Ola Electric Mobility fell as much as 7% on Monday, hitting an intraday low of Rs 37.96.
Ola Electric's in-house LFP battery is now ready for production, potentially lowering EV costs.
KEY POINTS
- The company secured PLI certification for a key model, enhancing eligibility for government incentives.
- Ola Electric became the first Indian EV brand to surpass 1 million cumulative registrations.
- Despite recent optimism, Ola Electric's revenue declined for three consecutive quarters, reaching ₹504 crore in December.
- FII holdings in Ola Electric increased to 4% in December 2025, indicating slightly improved institutional interest.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →