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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A bounce in margins and stock price hides a serious crisis at the Bhavish Aggarwal-led EV maker, where volumes have stalled, rivals are gaining and product trust is breaking down.
Ola Electric wants you to believe it's turning around. The company's stock surged 18% on Monday after posting what appeared to be a quarter of recovery—improved margins, narrowed losses and promises of “structural” changes ahead. CEO Bhavish Aggarwal spoke confidently of balanced, profitable growth and sustainable margins on the analyst call.
But strip away the financial manoeuvring, and a different story emerges: a company selling fewer vehicles, burning more cash and struggling with the same product failures that have plagued it for years. In the quarter ended 30 June 2025, revenue fell nearly 50% year on year. Vehicle deliveries …
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
Despite reducing total losses, the electric scooter maker is losing double the money for every rupee it earns. Collapsing sales, shrinking market share and mounting cash pressure expose its vulnerabilities.
While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.
