Bhavish Aggarwal, founder of Ola Electric, infused ₹200 crore in cash to top up collateral after shares of the EV firm ...

Expected to drop sometime during the summer of 2026, the 2027 Audi Q4 Sportback e-tron retains the rear drum braks of the pre ...

Bhavish Aggarwal has reportedly paid around INR 20 Cr ($2.3 Mn) in cash to top up collateral for borrowings against shares on ...

Ever since Ola scaled down its ambition of manufacturing electric cars, it has lost strategic relevance for the Hyundai group ...

Articles written by Kajal Sharma ...

The two auto giants, part of the same South Korean group, had invested USD 300 million in Ola Electric in 2019.

Meanwhile, Citigroup Global Markets picked up 8.6 crore shares in the Bhavish Aggarwal-led company on Tuesday in an open ...

Hyundai and Kia’s recent exit from Ola Electric has raised fresh concerns about the future of Bhavish Aggarwal’s EV startup. With mounting financial losses, falling revenue, and a sharp decline in ...

Hyundai and Kia sold nearly ₹690 crore worth of Ola Electric shares amid the EV maker’s widening losses and plunging revenue.

ETAuto.com brings latest ola electric losses news, views and updates from all top sources for the Indian Auto industry.

Hyundai Motor and Kia Corporation have exited Ola Electric, selling their entire stake in the company for a combined Rs 690 crore via block deals on Tuesday.

Hyundai sold 10.8 crore shares for Rs 552 crore, while Kia offloaded 2.7 crore shares amounting to Rs 138 crore.