Ola Electric’s reset; Copper chaos could hit home

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Ola Electric changed strategy after its revenue halved and profit slumped by almost a quarter in Q1 FY26. This and more in today’s ETtech Top 5.

Also in the letter:
■ New IT hiring hubs
■ Tesla eyes xAI stake
■Bitcoin shines bright


Ola Electric poor Q1 show prefaces profitability push, share rally

Ola founder

Bhavish Aggarwal, founder, Ola Electric

Electric two-wheeler manufacturer Ola Electric’s operating revenue nearly halved in the June quarter to Rs 828 crore, as vehicle sales declined amid increasing competition in the EV sector. Once…



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Ola Electric’s reset; Copper chaos could hit home


Ola Electric changed strategy after its revenue halved and profit slumped by almost a quarter in Q1 FY26. This and more in today’s ETtech Top 5.

Also in the letter:
■ New IT hiring hubs
■ Tesla eyes xAI stake
■Bitcoin shines bright


Ola Electric poor Q1 show prefaces profitability push, share rally

Ola founder

Bhavish Aggarwal, founder, Ola Electric

Electric two-wheeler manufacturer Ola Electric’s operating revenue nearly halved in the June quarter to Rs 828 crore, as vehicle sales declined amid increasing competition in the EV sector. Once…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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