{"id":612857,"date":"2023-10-27T12:01:56","date_gmt":"2023-10-27T06:31:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=612857"},"modified":"2023-10-27T12:10:02","modified_gmt":"2023-10-27T06:40:02","slug":"ola-electric-raises-%e2%82%b93200-crore-for-expansion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ola-electric-raises-%e2%82%b93200-crore-for-expansion\/","title":{"rendered":"Ola Electric raises \u20b93,200 crore for expansion"},"content":{"rendered":"<p>CHENNAI: Ola Electric has raised Rs 3,200 crore from Temasek-led investors and SBI, the e-scooter maker said on Thursday.<\/p>\n<p>The funding &#8211; a mix of equity and debt &#8211; will be used towards the expansion of Ola&#8217;s EV business and setting up of a lithium-ion cell manufacturing facility in Krishnagiri, Tamil Nadu, the company&#8217;s statement said.<\/p>\n<p>Ola Electric plans to ramp up two-wheeler manufacturing capacity, launch e-motorcycles followed by electric cars and fast-track the construction of its gigafactory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHENNAI: Ola Electric has raised Rs 3,200 crore from Temasek-led investors and SBI, the e-scooter maker said on Thursday. The funding &#8211; a mix of equity and debt &#8211; will be used towards the expansion of Ola&#8217;s EV business and setting up of a lithium-ion cell manufacturing facility in Krishnagiri, Tamil Nadu, the company&#8217;s statement said. Ola Electric plans to ramp up two-wheeler manufacturing capacity, launch e-motorcycles followed by electric cars and fast-track the construction of its gigafactory.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-612857","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/612857","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=612857"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/612857\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=612857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=612857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=612857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}