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Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [11] [12] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
Bhavish Aggarwal (born 28 August 1985) is a Indian entrepreneur. He is the co-founder and CEO of Ola Cabs, founder of Ola Electric [1] and founder of OlaKrutrim, a large language model artificial intelligence (AI) company which became India’s first AI unicorn in 2024 an estimated valuation of $1 billion.
Solar photovoltaic. / 24.40306°N 55.26861°E / 24.40306; 55.26861 ( Noor Abu Dhabi) Located at Sweihan. / 24.750°N 55.383°E / 24.750; 55.383 ( Mohammed bin Rashid Al Maktoum Solar Park) Phase I completed in 2013, followed by Phase II and III. Phase IV (including 250 MW PV) is under construction, 950 MW Phase V is planned.
Ola Electric's IPO drew $1.8 billion in bids as the share sale closed on Tuesday, as investors piled into the first stock offering by a pure-play electric vehicle maker in India. The SoftBank ...
BENGALURU (Reuters) -SoftBank-backed Ola Electric Mobility's shares rose 10% in their trading debut on Friday, valuing the company at 369.45 billion rupees ($4.40 billion) after the first stock ...
NEW DELHI (Reuters) -SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its initial public offering (IPO), around 16%-20% lower than the ...
The UAE has 7% of global proved oil reserves, about 100 billion barrels. [ 1] Primary energy usage in 2009 in the UAE was 693 TWh and 151 TWh per million persons. [ 2] The UAE is currently transitioning from an electricity generation system nearly 100% powered by gas power plants (2010) to 100% powered by solar, other renewables and nuclear in ...
BENGALURU (Reuters) -Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target amid a sharp sell-off in global equity markets.
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