#ola-electric
EV maker Ola Electric sees 20% m-o-m growth in April
Ola Electric achieves 20% month-on-month growth in April, defying industry trends with increased registrations and a surge in share price.
After a 60% rally, can Ola Electric shares extend gains following 20% MoM sales growth in April?
Ola Electric shares have surged over 60% from recent lows, supported by a 20% month-on-month rise in April registrations. Despite a broader industry decline, the company posted growth, boosting sentiment. Analysts remain cautious, citing slow EV adoption and …
ICRA cuts Ola Electric's rating as competition, poor brand perception hit performance
Ola Electric Technologies faces a downgrade from ICRA due to declining sales, persistent losses, and delayed profitability. Despite efforts to improve unit economics, rising competition and subsidy rationalization have impacted demand and margins. The company…