/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Despite concerns around the battery overheating, the company is pressing hard to meet the 15 December delivery deadline.
Tomorrow, 15 December, is the day Ola Electric has promised to start delivering its S1 and S1 Pro scooters to its customers. The scooters, however, are nowhere near complete.
The main problem is with the batteries. They are overheating, in a factory test environment. Ola Electric’s manufacturing facility in Tamil Nadu has produced nearly 100 scooters every day but many failed the quality assurance test, forcing Ola to stop production for three to four days last week, according to three former executives. Finally, on Friday, 10 December, the company began production again, at full throttle. “It seems they will deliver …
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
