Ola Electric Shares Surge Increasing Ev Adoption Ola Electric

Tech

Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption

ByNews Polite August 10, 2024

Ola Electric Mobility’s shares surged 20% on their trading debut in Mumbai on Friday, valuing the company at $4.8 billion, as investors bet on increasing adoption of electric vehicles in the world’s largest market for two-wheelers. The stock had listed flat to its initial public offering (IPO) price of 76…

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