"sales plummeted"

#12276882

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276883

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276884

18 April 2025

An Ola Electric Mobility Ltd. electric scooter is at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they were in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276885

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276887

18 April 2025

An Ola Electric Mobility Ltd. electric scooter is at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they were in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276889

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276894

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276895

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12276898

18 April 2025

Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Electric, once a leader in India's electric vehicle sector, now faces significant setbacks that threaten its future. Founded in 2010, the company expands rapidly from ride-hailing services to electric scooters and battery production, attracting substantial investments from global giants like SoftBank and Tiger Global. However, following a record initial public offering (IPO) in 2024, Ola's electric scooter sales plummet, raising concerns about its viability in a highly competitive market. The company's market value drops by nearly 70% over the following seven months. Sales fall to less than half of what they are in April 2024, with February 2025 registrations dropping to just 8,647 units--a 74.5% year-on-year decline.

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#12035872

9 February 2025

A Tesla electric vehicle is seen on the street in Lisbon, Portugal, on February 9, 2025. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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#12035873

9 February 2025

In Lisbon, Portugal, on February 9, 2025, people walk by a Tesla dealer. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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#12035874

9 February 2025

In Lisbon, Portugal, on February 9, 2025, people walk by a Tesla dealer. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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#12035875

9 February 2025

In Lisbon, Portugal, on February 9, 2025, people walk by a Tesla dealer. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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#12035876

9 February 2025

A person walks by a Tesla dealer in Lisbon, Portugal, on February 9, 2025. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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#12035878

9 February 2025

In Lisbon, Portugal, on February 9, 2025, people walk by a Tesla dealer. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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#12035880

9 February 2025

The exterior view of a Tesla dealer in Lisbon, Portugal, on February 9, 2025. Tesla showrooms in Europe highlight the company's recent sales downturn amid intensifying competition and political controversies.

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