Ola Electric Mobility Limited — Updates, 06-11-2025: General Updates
06-11-2025 | 10:21 am
06-11-2025 | 10:21 am
Ola Electric achieved its first Auto EBITDA profitability (0.3%) and became cash-generative. Gross margins expanded to 30.7%. The company launched HyperService for parts and Ola Shakti for energy storage, diversifying revenue. Its Gigafactory commissioned 2.5 GWh, scaling to 5.9 GWh, integrating in-house cells into vehicles.
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