Ola Electric’s Slide

, By Team SNFYI
TravelTech

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SUMMARY

Ola Electric now finds itself in an unusual position, having to claw back from a position of weakness after a poor display in Q3

Ola Electric has had a rough few months, going from a post-IPO high to crashing below its listing price and with more pain in store after a weak Q3 performance.

For most of its life — after becoming an OEM in 2020 — the company has played from a position of strength whether it is due to its high capital accumulation or heavy market share. The EV maker now finds itself in an unusual…



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Ola Electric’s Slide

, Published By Team SNFYI
TravelTech


SUMMARY

Ola Electric now finds itself in an unusual position, having to claw back from a position of weakness after a poor display in Q3

Ola Electric has had a rough few months, going from a post-IPO high to crashing below its listing price and with more pain in store after a weak Q3 performance.

For most of its life — after becoming an OEM in 2020 — the company has played from a position of strength whether it is due to its high capital accumulation or heavy market share. The EV maker now finds itself in an unusual…



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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Previous News
Transforming governance with a unified AI stack
Next News
Indian edtech lender raises $2.9m bridge funding
Team SNFYI
Hi! This is Admin.

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