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Ola Electric reports larger loss amid revenue drop but regains market lead in electric two-wheelers.
Ola Electric, an Indian electric two-wheeler company, reported a wider net loss of Rs 564 crore in the quarter ending December 2024, up from Rs 376 crore the previous year, due to a 19% drop in revenue to Rs 1,045 crore.
Despite the financial setback, Ola regained market leadership in January after briefly losing it.
The company plans to launch new motorcycles to boost its offerings.
22 Articles
Ola Electric reporta una pérdida mayor en medio de la caída de ingresos, pero recupera el liderazgo del mercado en las motos eléctricas de dos ruedas.