Business

Ola Electric’s Valuation Hits $7 Billion Following E-Motorcycle Launch and Battery Plan

Ola Electric Mobility, India’s leading e-scooter manufacturer, has achieved a significant milestone by reaching a valuation of Rs 58,664 crore ($6.99 billion) after a 20% surge in its stock value on Friday. This impressive leap follows the launch of its new line of e-motorcycles and the company’s strategic plan to cut costs by producing its own batteries. The company’s entry into the…
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