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OLAELEC

NSE
49.33000 INR
4.35
8.10%
Last update Jun 3, 3:29 PM IST
Main market
Day range
49.049999
52
Previous close
53.68000
Open
52
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Ola Electric Mobility Ltd.
49.33
4.35
8.10%

Overview

Description

Ola Electric Mobility Ltd. is a notable player in the rapidly evolving electric vehicle (EV) industry. Primarily focused on manufacturing and investing in electric scooters and other two-wheeled EVs, the company aims to revolutionize personal mobility with sustainable, energy-efficient solutions tailored for urban environments. As a subsidiary of the renowned ride-sharing firm Ola Cabs, Ola Electric leverages its parent company's extensive experience in the transportation sector to enhance distribution and accessibility of its products. The company is deeply embedded in the transition towards green energy, contributing significantly to reducing carbon footprints in transportation. Ola Electric's manufacturing facilities are designed to produce high-performance electric vehicles with advanced technology integration, including smart connectivity features. The company is a key driver in India's electric mobility push, influencing policy discussions and market activities relating to EV infrastructure development, such as charging stations and battery swapping solutions. This company's innovations and scalable models serve as a catalyst for broader adoption of electric vehicles in urban commuting.

About

CEO
Mr. Bhavish Aggarwal
Employees
0
Address
Wing C, Prestige RMZ Startech
Hosur Road, Municipal Ward No.67 Municipal No. 140, Industrial Layout Koramangala
Bengaluru, 560095
Phone
91 80 3544 0050
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
India
MIC code
XNSE
Main market

Exchange is currently active.
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