Ola Electric Files for ₹7,500 Crore IPO as EV Demand Soars

Ola Electric files for ₹7,500 crore IPO, capitalizing on growing demand for electric vehicles in India.

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11 days ago

Ola Electric Files for ₹7,500 Crore IPO as EV Demand Soars

Ola Electric Files for ₹7,500 Crore IPO as EV Demand Soars
Ola Electric, India's leading electric vehicle maker, has filed for a ₹7,500 crore initial public offering (IPO). The company plans to use the funds to expand its manufacturing capacity and accelerate R&D in electric vehicle technology. With the growing demand for EVs in India and globally, Ola's IPO is expected to attract significant investor interest, particularly in light of the government's push for green energy solutions and sustainable transportation.