Bhavish Aggarwal

Last Updated: July 28, 2023, 17:09 ISTOla Electric Scooters (Photo: Ola Electric)The Ola S1 Air shares its platform with the S1 Pro model but comes with a few smart cost-cutting features.Ola Electric, the renowned Indian electric two-wheeler manufacturer, has taken the nation by storm. The company opened the purchase window for the S1 Air electric scooter a day ahead of the scheduled date, i.e., July 28.The response from eager customers has been nothing short of astounding, with an unbelievable 3,000 units already booked…

Last Updated: June 20, 2023, 12:46 ISTOla Electric Teases Exciting New Variant of S1 Electric Scooter (Photo: Ola Electric)Ola Electric teases a new mystery variant of its S1 electric scooter, with a small windscreenIn an exciting development, Bhavish Aggarwal, the CEO of Ola Electric, has set the stage on fire with a tantalizing teaser image hinting at a new variant of their highly popular S1 electric scooter. The anticipation is at an all-time high as Ola enthusiasts eagerly await the grand revelation of this mysterious…

Published By: Paras YadavLast Updated: June 10, 2023, 15:21 ISTOla S1 (Photo: Ola Electric)Ola is backed by investors such as SoftBank and Temasek, has plans to raise between $600 million and $1 billion in its initial public offering (IPO)India’s Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct knowledge said.The sources said Ola, which makes electric…

Mobility major Ola cofounder and CEO Bhavish Aggarwal on Sunday announced a new service by the cab aggregator. Aggarwal took to Twitter to announce the launch of Prime Plus which will offer “best drivers and top cars”, he said.The service will be a "premium offering" and will not include cancellations from drivers.Aggarwal added that the service will be initially available for select customers in Bengaluru starting Sunday and that he also will be “using it frequently” and share experiences on the microblogging…

Artificial Intelligence (AI) is a massive technology tool for increasing productivity and India should take a lead in adopting such technologies, Bhavish Aggarwal, the co-founder and Chief Executive Officer of Ola Cabs, said on Saturday. Speaking at the ABP Network's Idea of India Summit here, Aggarwal also discounted the notion that embracing such technology would result in job losses. Technology trends like AI are so disruptive. While one can think that it (the adoption of AI) threatens jobs, "I see it as a massive…

Ola Electric is set to invest a little over 7,600 crore ($918 million) to set up plants in Tamil Nadu to manufacture electric vehicles (EVs), including cars, and batteries over the next five years, a state government official told ET on Saturday. The Bhavish Aggarwal-led company said Saturday that it had signed a memorandum of understanding (MoU) with the government of Tamil Nadu to this effect.Ola Electric declined to provide details on its investment.While an advanced cell chemistry plant to make batteries will cost…

Ola Electric is set to acquire around 1500 acres land in Tamil Nadu to set up a electric vehicle factory, according to a report in The Times of India. The report claimed that the state govt has approved Ola's plan to acquire the land and it might become one of the biggest deals for a factory in the Indian automobile industry. Citing sources, the report said that an announcement in this regard might be made by Ola CEO Bhavish Aggarwal in the next few days. "It will house the company’s electric vehicles manufacturing…

Ola Electric said that it plans to foray into the international markets starting with Nepal. The company said it has signed a memorandum of understanding with CG Motors in Nepal partnering them as local distributors for its Ola S1 scooters (S1 & S1 Pro). The scooters will be available in Nepal starting next quarter, the Bengaluru-based electric two-wheeler maker said in a statement. In the second phase, the company also aims to enter Latin America, ASEAN and European Union, increasing the company's presence in up to…

Image Source : PIXABAY Ola Cab Ola, a ride-hailing major has clarified that around 200 engineers, including some in the software vertical, have been asked to go from its 2,000-strong engineer workforce which is a 10% cut on the headcount. The move has been taken as a part of a larger restructuring exercise towards its electric dream, stated Ola. The company recently…

Last Updated: August 15, 2022, 14:46 ISTOla Electric Car has been teased ahead of 2024 unveil. (Photo: YouTube/Ola Electric)Ola Electric has unveiled more details about their upcoming electric car and has confirmed that it will arrive in 2024.India automaker Ola Electric has confirmed that they are working on an electric car and have said that it will arrive in 2024. Bhavish Aggarwal, CEO and Co-Founder of Ola Electric, called it “the most ambitious car project undertaken by India.” As of now, the company has not fully…