Ola Electric surges in India’s biggest listing in two years

Quick Summary:

Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 14.4% on its public debut Friday in what is the biggest listing among Indian firms in two years.

Recent reductions in government subsidies for electric two-wheelers have impacted the sector’s growth trajectory.

Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 14.

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Article Details

Author / Journalist: Manish Singh

Category: Technology

Markets: United StatesIndiaSaudi Arabia

Topics: Transportation Ola Electric

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 04:48:11 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1003 words

Reading Time: 6 minutes read

Sentences: 47 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © TechCrunch

News ID: 21994951

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