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Ola Electric shares have been under pressure, sliding nearly 35% since listing. As the stock dipped below ₹50, founder Bhavish Aggarwal infused ₹23 crore to support pledged shares. Here's what ...
Hyundai and Kia have exited Ola Electric just as the company faces its toughest year since going public. The Korean carmakers ...
Hyundai and Kia sell their stakes in Ola Electric for ₹690 crore,triggering a 7% stock drop. The EV maker faces mounting ...
Hyundai Motor Company and Kia Corporation have completely exited their investment in Bhavish Aggarwal's Ola Electric Mobility ...
The divestment by Hyundai and Kia follows a challenging period for Ola Electric, which has been facing pressure from slowing ...
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Ever since Ola scaled down its ambition of manufacturing electric cars, it has lost strategic relevance for the Hyundai group ...
Hyundai and Kia exit Ola Electric Mobility by selling stakes worth ₹689.35 crore. Ola Electrics financial performance shows ...
Hyundai has exited Ola Electric, selling its entire 2.47% stake, while Kia also reduced its holding. Together, they sold shares worth ₹6.89 billion ($80 ...
Ola Electric's stock experienced a slight increase of 1.07% to Rs 49.86 amidst the aftermath of Hyundai and Kia's stake sale.
The collaboration is set to establish a solar power plant with a 75 MW capacity and a wind power facility of 42.9 MW in Tamil Nadu, bringing the total renewable energy capacity to 118 MW. With a ...
Hyundai and Kia’s recent exit from Ola Electric has raised fresh concerns about the future of Bhavish Aggarwal’s EV startup. With mounting financial losses, falling revenue, and a sharp decline in ...