Share via:
Ola Electric
slammed the brakes on its chase for market share in Q2. As a result, the EV maker’s revenue and deliveries plummeted, but losses also shrank. This contrasting combo was no accident, but a deliberate pivot away from the aggressive discount culture in the EV space.
Steering To Profitability: The quarter saw Ola Electric focus more on its margins and product quality. The pain was evident in its vehicle deliveries, which fell sharply. The reward,…
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.
Ola Electric slammed the brakes on its chase for market share in Q2. As a result, the EV maker’s revenue and deliveries plummeted, but losses also shrank. This contrasting combo was no accident, but a deliberate pivot away from the aggressive discount culture in the EV space.
Steering To Profitability: The quarter saw Ola Electric focus more on its margins and product quality. The pain was evident in its vehicle deliveries, which fell sharply. The reward,…
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.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
