Business

Ola Electric Just Hit Rock Bottom: 50% Revenue Crash, Record Losses, and a $6 Billion Wipeout

Ola Electric’s Q1 FY26 Results Reveal a Stunning Fall — Here’s What Went Wrong India’s most talked-about electric vehicle company, Ola Electric, is now facing its biggest financial storm yet. In what many are calling a “meltdown moment”, the EV giant reported a staggering 50% drop in revenue for Q1 FY26 compared to the same quarter last year. And that’s not all—losses have surged…
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