Ola Electric

Ola Electric IPO: Negatives Outweigh the Positives

924 Views11 Jan 2024 22:32
​Ola Electric, a leading EV player in India, plans to raise $600 million through an IPO, becoming the first EV company to go for an IPO. Ola relies heavily on government subsidies for sales volume.
Boomeranged on Thu, 14 Mar 2024 14:18
News media outlets report that Ola Electric has finalised plans to launch an electric auto-rickshaw later this month ahead of its IPO. Electric auto-rickshaws is part of the company's wider plan to enter the commercial vehicle business. This insight offers readers a detailed analysis on the company's business model, financials and outlook.
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Shifara Samsudeen, ACMA, CGMA
Equity Analyst
LightStream Research
JapanIndustrialsEquity Bottom-UpEquity Capital Markets
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