Minus scooters, an empty gigafactory is squeezing Ola Electric dry

The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.

Azman Usmani

15 February, 2026•12 min

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15 February, 2026•12 min

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