Gigafactory
Ola Electric Targets $8 Bn Valuation In Landmark IPO
Brands Companies Finance News

Ola Electric Targets $8 Bn Valuation In Landmark IPO

Ola Electric, an electric vehicle (EV) manufacturer in the space of electric scooters, is preparing for an initial public offering (IPO). This marks the first IPO by an Indian automaker in over two decades since Maruti Suzuki in 2003 and is slated for conclusion in the fiscal year 2024. With a target to secure between […]

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Ola Electric Charges Up, Eyes Rs 5,500 Cr IPO In Indian EV Market Debut
Brands Companies Finance News

Ola Electric Raises Rs 3,200 Cr In Funding To Expand EV Business

Ola Electric, the Bengaluru-based electric vehicle (EV) manufacturer, has successfully closed a major funding round, raising Rs 3,200 crore. The investors leading this infusion of capital include Temasek and the State Bank of India. This substantial investment is set to drive Ola Electric’s ambitious plans for the future. A significant portion of the funds is […]

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Tata Motors To Demerge Into Two Separate Listed Companies
Brands Companies News

Tata Group To Establish EV Battery Factory In UK

In a major development, Tata Group has announced that it will establish a battery cell gigafactory in the UK. “Today, I am delighted to announce the Tata Group will be setting up one of Europe’s largest battery cell manufacturing facilities in the UK,” said N Chandrasekaran, Chairman of Tata Sons, adding that the Group is […]

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