OLAELEC

Ola Electric Mobility Limited, incorporated in 2017 and headquartered in India, operates in the electric vehicles, electric mobility, and battery technology industries. The company manufactures electric two-wheelers and core components such as battery packs, motors, and vehicle frames. Its business includes research and development, manufacturing, and operating charging and service networks for electric two-wheelers. Ola Electric is vertically integrated, overseeing much of its value chain from R&D through manufacturing and services. Notable projects include the Ola Futurefactory, one of India's largest integrated electric two-wheeler manufacturing facilities, and the development of the Ola Gigafactory for indigenous cell production. The company does not have publicly listed shares or disclosed subsidiaries.