India, Dec. 23 -- Ola Electric Mobility Limited has stayed in the spotlight ever since its market debut. Over the past year, the company has struggled with declining market share, heavy cash burn, and a sharp decline of over 62 percent in its stock price.
It is an Indian electric vehicle (EV) manufacturer engaged in the development and production of EVs and core components, including battery packs, motors and vehicle frames through vertically integrated operations. It conducts in-house R&D and is building the Ola Gigafactory for cell production. Ola follows a direct-to-customer (D2C) distribution approach to sell its products.
While headlines around the company have mostly been negative so far, this could be one of the rare moments when...
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