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"Ola Electric Mobility Ltd.'s electric scooters are displayed..."

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Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276878

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#12276878

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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
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Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276880

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#12276880

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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276881

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#12276881

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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276882

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276883

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276885

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276889

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276894

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276895

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


Ola Electric Mobility Ltd.'s electric scooters are displayed at an Ola showroom in Srinagar, Jammu and Kashmir, on April 18, 2025. Ola Elect...

#12276898

Ola Electric Struggles As Sales Drop And Market Value Falls 70%

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 Elect...

#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.


Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.


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