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Ola Electric becomes first to get nod for rare-earth-free motor
October 07, 2025
|Financial Express Chandigarh
OLA ELECTRIC ON Monday became the first electric two-wheeler (E2W) manufacturer to receive government certification for its in-house developed rare earth-free ferrite motor.
The certification has been granted by Global Automotive Research Centre, Tamil Nadu.
“Ola Electric’s ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041 that is notified by the Ministry of Road Transport, Government of India," the company said in a regulatory filing.
The firm added that tests showed its ferrite motor’s performance matched that of rare-earth permanent magnet motors in net power for the 7kW and 11 kW variants.
هذه القصة من طبعة October 07, 2025 من Financial Express Chandigarh.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Chandigarh
Financial Express Chandigarh
NCLT clears Flipkart's shift from Singapore to India
THE NATIONAL COMPANY Law Tribunal (NCLT) has approved Flipkart's longpending proposal to shift its domicile from Singapore to India, clearing a critical regulatory hurdle as the Walmart-owned e-commerce major readies itself for a domestic public listing.
1 mins
December 16, 2025
Financial Express Chandigarh
Growth over last decade has been broad-based: FM
ACTUAL HOUSEHOLD CONSUMPTION data point to a decisive shift in India's growth trajectory, with the bottom 40% (B40) of the population accumulating wealth and assets far faster than the top 20% (T20), driving a sharp compression in inequality, Finance Minister Nirmala Sitharaman said on Monday.
1 min
December 16, 2025
Financial Express Chandigarh
Govt holds road shows for share sale in GIC
THE GOVERNMENT HELD road shows in London to assess investor interest for a minority stake sale in General Insurance Corp (GIC), two government sources familiar with the matter told Reuters.
1 min
December 16, 2025
Financial Express Chandigarh
Navi Mumbai airport may add 3rd runway
Feasibility study launched by CIDCO to assess rising air traffic in MMR
1 min
December 16, 2025
Financial Express Chandigarh
ICICI Pru AMC IPO fully booked on Day 2
THE INITIAL PUBLIC offering of ICICI Prudential Asset Management Company, an arm of the ICICI Bank, was fully subscribed on the second day of share sale on Monday, led by institutional investors.
1 min
December 16, 2025
Financial Express Chandigarh
Rupee slides to another record low
THE RUPEE'S DOWNWARD slide continued on Monday, ending at a new low of 90.73 against the dollar—down 31 paise—on weak market sentiment.
1 min
December 16, 2025
Financial Express Chandigarh
Nov wholesale inflation stays in negative zone
WHOLESALE PRICE INFLATION remained in negative territory for the second consecutive month in November, primarily due to a decrease in the prices of food articles, mineral oils, crude petroleum & natural gas, basic metals and electricity, the government data released on Monday showed.
1 mins
December 16, 2025
Financial Express Chandigarh
Create more space to let solar power flow
Solar power is auctioned almost every fortnight and developers are actively securing capacity, so boosting transmission network is crucial to reap benefits
3 mins
December 16, 2025
Financial Express Chandigarh
AIRBEA CALLS FOR ADEQUATE SUPPLY RBI union flags small value notes crunch
HIGHLIGHTING CONCERNS OVER an acute shortage of small denomination currency notes in the country, the All India Reserve Bank Employees Association (AIRBEA) has urged the Reserve Bank of India (RBI) to ensure adequate supply of these notes.
1 mins
December 16, 2025
Financial Express Chandigarh
Rural jobs scheme reloaded
THE RENAMED AND updated MGNREGA seeks a complete overhaul of the 2-decade-old programme to curb rampant leakages. A look at the key changes
1 min
December 16, 2025
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