Ola Electric raises Rs 3,200 crore to fund EV business
Ola Electric announced the successful closure of the funding round from Temasek-led investors and State Bank of India.
Stay updated with breaking news from Welectric Founder. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ola Electric announced the successful closure of the funding round from Temasek-led investors and State Bank of India.
The funds raised would be utilised towards expansion of Ola's EV business and setting up India's first lithium-ion cell manufacturing facility at Krishnagiri, Tamil Nadu, the company said in a statement.
Trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Latest News at LatestLY. Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices of their products as curtailed subsidy structure comes into effect from June 1. Latest News | TVS, Ather, Ola Hike Prices of Electric Two-wheelers as New Subsidy Norms Kick in.
Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices of their products as curtailed subsidy structure comes into effect from June 1.