CompanyMobility, EV & Autonomous Systems

Ola Electric

India's largest electric two-wheeler manufacturer disrupting urban mobility

Company Overview

Ola Electric is India's largest electric two-wheeler manufacturer, operating the world's largest two-wheeler factory (Ola Futurefactory). The company has rapidly captured significant market share in India's electric scooter market and is expanding into electric motorcycles and cars. Ola Electric went public on the BSE/NSE in 2024 and is building India's largest EV charging network.

Sectors

Electric Two-WheelersEV ManufacturingCharging

Primary Markets

India

Why This Company Matters

Ola Electric is leading India's electric mobility revolution in the two-wheeler segment, which accounts for 75% of all vehicles sold in the country.

Key Focus Areas

Electric ScootersElectric MotorcyclesBattery CellsCharging Network

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Signal Activity

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Signal Timeline

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February 2026

FundingCanonicalFeb 4

Ola Electric IPO Raises $734M, Becomes India's First EV Unicorn to List

Ola Electric has completed its initial public offering on the BSE and NSE, raising $734 million at a valuation of $4.0 billion. The company, which dominates India's electric two-wheeler market with over 35% market share, plans to use the proceeds to expand its battery cell manufacturing facility and develop its electric car platform.

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