Recent events
Recent events tied to this brand in public sources.
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2022
Ola Electric raises over $200 million
Ola Electric said it raised over USD 200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the company at USD 5 billion.
2021
Ola announces S1 hardware upgrades for buyers
Ola Electric said S1 buyers would receive scooters equipped with S1 Pro hardware for free; unlocking the hardware’s full features would require an additional Rs 30,000 software upgrade pack.
2021
Ola Electric raises over $200 million
Ola Electric said it raised more than US$200 million from Falcon Edge, SoftBank and other investors, valuing the company at US$3 billion. The company said the funding would accelerate development of additional vehicle platforms.
2021
Ola Electric postpones scooter sale after website difficulties
Ola Electric postponed the sale of its S1 and S1 Pro scooters by a week after technical difficulties prevented it from making its purchase website live. The company said deliveries would not be delayed. Its founder and CEO apologized to buyers who had waited for several hours.
2021
Ola Electric launches Ola S1 and S1 Pro scooters
Ola Electric launched its Ola S1 and S1 Pro electric scooters for commercial sale on Sunday, with prices starting at Rs 99,999 before specified additional costs.
2020
Ola Electric announces organizational restructuring
Ola Electric said it would start an organizational restructuring intended to make the company a global engineering organization, including changes to its structure and the integration of its Etergo colleagues.
2020
Ola Electric announces planned India electric two-wheeler launch
Ola Electric said it plans to launch its electric two-wheeler in India next year. The article also reported that the company internally hoped to reach the milestone this year.
2020
Ola Electric acquired Etergo
Ola Electric Mobility acquired Amsterdam-based Etergo BV on May 27, 2020. Etergo's team was to remain based in Amsterdam.
2020
Ola Electric announces entry into the premium electric two-wheeler market
Ola Electric announced its entry into the premium electric two-wheeler market, both globally and nationally, in connection with the Etergo acquisition.