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Ola Electric Mobility Limited ( (IN:OLAELEC) ) has shared an update.
Ola Electric has launched ‘Hyperdelivery’ for its 4680 Bharat Cell powered vehicles, offering same-day registration and delivery in Bangalore. This initiative is part of Ola’s Hyperservice program aimed at providing a seamless customer experience. By moving the vehicle registration process in-house, Ola has streamlined the purchase-to-delivery journey, enhancing convenience for customers. The company’s direct-to-customer and vertically integrated model allows it to offer these services efficiently. These efforts are part of Ola’s broader ‘India Inside’ strategy, focusing on scalable, domestically integrated platforms for EV manufacturing and service.
More about Ola Electric Mobility Limited
Ola Electric Mobility Limited is India’s leading electric vehicle (EV) manufacturer, specializing in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company operates the Ola Futurefactory in Tamil Nadu, which is developing India’s most significant EV hub, supported by the Bengaluru-based Battery Innovation Centre. Ola Electric maintains a direct-to-customer distribution network with thousands of stores across India and a robust online presence, making it the largest company-owned network of automotive experience centers in the country.
Average Trading Volume: 2,796,590
Technical Sentiment Signal: Sell
Current Market Cap: 161.8B INR
See more insights into OLAELEC stock on TipRanks’ Stock Analysis page.