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Ola Electric infuses Rs 2000 crore in EV and cell manufacturing - The Economic Times
Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital infusion aims to strengthen its core EV business and scale up battery operations amid rising competition and profitability concerns.
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economictimes.indiatimes.com
Ola Electric infuses Rs 2000 crore in EV and cell manufacturing - The Economic Times
Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital…
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thehindubusinessline.com
Ola Electric gets board nod to invest ₹2,000 cr in EV, cell subsidiaries
Ola Electric plans to invest ₹2,000 crore in EV and battery cell subsidiaries to enhance production and reduce import reliance.