ReferIndia News Ola Electric infuses Rs 2000 crore in EV and cell manufacturing

ReferIndia News

Looking for a side income?

Earn on your terms — become a freelancer with us!

Know more
News Image

Ola Electric infuses Rs 2000 crore in EV and cell manufacturing

Published on: May 15, 2026, 3:44 p.m. | Source: The Economic Times

Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital infusion aims to strengthen its core EV business and scale up battery operations amid rising competition and profitability concerns.

Checkout more news
Ad Banner

Looking for free cloud deployment?

Sign up & get $200 free credit for 60 days to launch your first Droplet or GPU server on DigitalOcean 🚀

Signup Now
ReferIndia News contact