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Hyundai Motor sold its entire stake in Ola Electric , while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth 6.89 billion rupees ($80 million), according to exchange ...
This decline has taken a toll on its market share, which has shrunk from 46 per cent in June 2024 to just 19 per cent now.
Ola Electric sees a 65% sales dip in June, slipping to 3rd in India’s EV market amid rising costs and growing service issues.
The recent decline reflects mounting investor anxiety after the Bhavish Aggarwal-led firm reported disappointing financials for the quarter ended March 2025. The Bengaluru-based startup posted a net ...
Around 2.41 crore shares of Ola Electric Mobility, equaling 0.55 percent of the total equity in the firm, worth Rs 107 crore was exchanged at Rs 44 per share.
Ola Electric's stock has taken a massive hit, plunging 72 per cent from its record high of Rs 157.40, which it had touched on ...
Earlier this month, the company witnessed another block deal worth ₹731 crore. As many as 14.22 crore shares of the company ...
The legacy automotive manufacturer maintained its lead as Bajaj Auto holds on to 24.5% of the market share followed by Ola ...
Explore the shifts in Indias electric scooter market in June 2025, highlighting traditional brands dominance and challenges ...
Hyundai, which held a 2.47% stake in the company, sold shares at a price of 50.70 rupees, while Kia offloaded 0.6% of Ola Electric shares for 50.55 rupees, the data showed on Tuesday.
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