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Ola Electric Mobility Limited — Updates, 13-02-2026: Press Release
13-02-2026 | 04:09 pm
13-02-2026 | 04:09 pm
Ola Electric achieved a record 34.3% gross margin, driven by vertical integration and cost resets. Quarterly opex reduced from ₹840 Cr to ₹484 Cr, targeting ₹250-300 Cr, lowering EBITDA breakeven to 15,000 units monthly. Service execution improved, and Gigafactory cell production doubled.
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