Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents

Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents

Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government…

Delhi to Get More EV Charging, Battery Swapping Stations as Cab Aggregators Increase E-Bikes

Delhi to Get More EV Charging, Battery Swapping Stations as Cab Aggregators Increase E-Bikes

The NDMC is planning to increase the number of EV charging stations in Lutyens’ Delhi and even provide battery swapping facilities at some of these points, a senior official said on Wednesday. With Delhi being among the most polluted capitals in the world, the New Delhi Municipal Council (NDMC) has…