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Ola Electric shares surge 5% after reassuring investors on 'strong' sales

Business Standard LogoBusiness Standard3d ago

Ola Electric shares surge 5% after reassuring investors on 'strong' sales - Business Standard

Quick Summary:

Shares of the electric vehicle maker have fallen 15 per cent this year, compared to a 1.

Ola Electric is a beneficiary of the FAME II and PM E-DRIVE schemes and its eligibility certificate has been provided by ARAI, a certification and testing agency under the administrative control of the ministry.

According to media reports, Bhavish Aggarwal led-Ola Electric said that it sold 25,000 electric scooters in February 2025.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 10:05:04 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27208450

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 214 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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