Ola Electric Q3 net loss exceeds revenue; shifts focus to energy storage
Ola Electric Q3 net loss exceeds revenue; shifts focus to energy storage is drawing significant interest across the industry.
Ola Electric’s Q3FY26 results show a net loss of ?487 crore and a 55% decline in revenue due to poor vehicle sales. However, their focus on battery and energy storage business, with the launch of Ola Shakti and doubling production of 4680 Bharat cells, is expected to drive revenue potential of ?15,000-20,000 crore. | financialexpress.com
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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