Ola Electric Mobility Limited is an India-based electric vehicle (EV) company. The Company is engaged in building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. It manufactures EVs and certain core EV components, such as battery packs, motor...
“While the long-term potential of Ola Electric, especially given the EV market’s favorable outlook, might be appealing, the current valuation appears to be quite speculative. Investors should be cautious, especially given the company’s ongoing losses and the...
The electric battery alone makes up over 30% of the Bill of Materials for an Ola S1 Scooter, which makes it a crucial risk factor for the company. The company states that any disruptions in the supply chain or an increase in prices of raw materials could result in an increase in the pr...
The pilot will allow three companies—Lime, a “seated scooter” company such as Tesla-backedWheels, and a third company providing some combination of seated and standing scooters—to each put 500 scooters each on Seattle streets. (The two-wheeled “seated scooters” look extremely similar to a...