Bhavish Aggarwal of Ola Electric announced that their S1 X scooters are priced to compete with ICE scooters. Ola quickly went public and focuses on leading India’s EV future through vertical supply chain integration. The company aims to achieve price parity between EVs and ICE vehicles soon, with ongoing advancements in lithium cell production.
Amba Auto IPO opens for subscription today. Check GMP, price band and other details
Amba Auto Sales and Services’ Rs 65 crore SME IPO opens Monday with zero grey market premium, indicating cautious investor sentiment. The company, an authorized