Ola Electric’s Q4 losses deepen as deliveries slide, revenue nearly halves
Thursday, 29 May 2025 () Ola Electric's March quarter results show a significant decline. Adjusted revenue fell sharply, and net losses widened. Deliveries also decreased considerably, especially in the premium segment. Full-year losses increased despite improved gross margins. The company attributes the performance to weak demand. Ola Electric is now focusing on new models to boost sales. Concerns remain about demand and achieving sustained profitability.
China's electric vehicle market is in a fierce price war, with automakers racing to launch low-cost, tech-loaded EVs. BYD led the charge with over 20 new models under $10,000, pushing global..
Ola Electric experienced a significant downturn in the March quarter, with revenue plummeting by 60% to Rs 649 crore and net losses widening to Rs 870 crore.... IndiaTimes
Ola Electric faced a net loss of Rs 870 crore in Q4 FY25. Revenue decreased to Rs 611 crore. The company's full-year loss was Rs 2,276 crore. Despite losses, Ola... IndiaTimes
Thursday, 29 May 2025 ()
![Deadly EV Crash Sparks China Crackdown | ‘Autonomous’ Car Ads Banned After Xiaomi SU7 Disaster [Video]](https://video.newsserve.net/300/v/20250417/1408316702-Deadly-EV-Crash-Sparks-China-Crackdown-Autonomous.jpg)
