Will Ola Electrify the Markets?
The highly anticipated IPO of Ola Electric Mobility is set to open for subscription on August 2nd. Backed by Softbank, Ola Electric is India’s leading electric two-wheeler manufacturer, and this IPO marks a significant milestone in the country’s EV revolution. But there are concerns: losses, cash burn and previous incidents with its products.. Listen in as host Anirban Chowdhury talks with ET’s auto experts Sumantra Barooah and Manu P Toms, unpacking what this means for investors and India’s electric vehicle two-wheeler market.
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