Ola Electric Mobility Ltd expects to start operations at its Giga factory in Tamil Nadu by March 2024. The IPO-bound Ola Electric Mobility plans to use Rs 1,226 crore from its public issue to expand the lithium-ion cell manufacturing capacity at the factory in its later stages. Ola Electric was selected for the government’s ambitious… Continue reading Ola Electric’s Giga factory to be operational by March 2024
Author: Autocar_Professional India Online News
Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue
After months of hiatus, Ola Electric Mobility Ltd – India’s top electric two-wheeler maker – has finally filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). Ola Electric’s IPO is a combination of a fresh issue and an offer for sale. The… Continue reading Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue
Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue
After months of hiatus, Ola Electric Mobility Ltd – India’s top electric two-wheeler maker – has finally filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). Ola Electric’s IPO is a combination of a fresh issue and an offer for sale. The… Continue reading Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue
Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue
After months of hiatus, Ola Electric Mobility Ltd – India’s top electric two-wheeler maker – has finally filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). Ola Electric’s IPO is a combination of a fresh issue and an offer for sale. The… Continue reading Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue
Parliamentary committee bats for extending FAME-II scheme by 3 years
Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years
Parliamentary committee bats for extending FAME-II scheme by 3 years
Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years
Parliamentary committee bats for extending FAME-II scheme by 3 years
Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years
Parliamentary committee bats for extending FAME-II scheme by 3 years
Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years
Parliamentary committee bats for extending FAME-II scheme by 3 years
Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years
Parliamentary committee bats for extending FAME-II scheme by 3 years
Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years