{"id":500579,"date":"2022-06-25T10:06:26","date_gmt":"2022-06-25T04:36:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500579"},"modified":"2022-06-25T10:33:41","modified_gmt":"2022-06-25T05:03:41","slug":"will-cross-1-bn-revenue-run-rate-by-year-end-predicts-ola-electric","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/will-cross-1-bn-revenue-run-rate-by-year-end-predicts-ola-electric\/","title":{"rendered":"Will cross $1-bn revenue run rate by year-end, predicts Ola Electric"},"content":{"rendered":"<p>Ola Electric \u2014 the ride-hailing firm\u2019s electric vehicle (EV) arm \u2014 on Friday said that it had surpassed Rs 500-crore revenue in its first two months of FY 22-23, and is on track to cross $1-billion revenue run rate by the end of this year.<\/p>\n<p>SoftBank-backed Ola said its growth had been achieved on the back of strong consumer demand, scaling manufacturing and a steady go-to market. The Bengaluru-based firm said this had allowed it to deliver to over 50,000 customers across different parts of the country.<\/p>\n<p>In India, Ola\u2019s competitors include electric two-wheeler makers such as Ather Energy, Bounce, Hero Electric, Bajaj, TVS Motor Com\u00adpany and Boom Motors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ola Electric \u2014 the ride-hailing firm\u2019s electric vehicle (EV) arm \u2014 on Friday said that it had surpassed Rs 500-crore revenue in its first two months of FY 22-23, and is on track to cross $1-billion revenue run rate by the end of this year. SoftBank-backed Ola said its growth had been achieved on the back of strong consumer demand, scaling manufacturing and a steady go-to market. The Bengaluru-based firm said this had allowed it to deliver to over 50,000 customers across different parts of the country. In India, Ola\u2019s competitors include electric two-wheeler makers such as Ather Energy, Bounce, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-500579","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=500579"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500579\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}