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OLA ELECTRIC TO INVEST $208 MN IN EV, CELL TECH UNIT
Hindustan Times Delhi
|May 16, 2026
Ola Electric will invest $208.5 million in its core vehicle and cell units as the EV bike and scooter maker aims to step up cost cuts and localize manufacturing to achieve profitability amid rising competition.
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The SoftBank-backed firm has been grappling with higher operating costs and is seeking to bring them down through automation, job cuts and increasing in-house
Dit verhaal komt uit de May 16, 2026-editie van Hindustan Times Delhi.
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Hindustan Times
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Union sports minister leads celebrations on CWG Day
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