These are the Frequently Asked Questions (FAQ) by Ola Shareholders:

1. Is Ola Electric a good company share to buy?

Plus Points of Ola Electric:

·  Market Leader: Ola is India’s largest pure-play electric two-wheeler company, with strong brand recognition and aggressive product launches. It has sold nearly 1 million (10 Lakhs eScooters) … in comparison traditional big existing manufacturers ( TVS, Bajaj and HeroMotorCorp) have together sold around 1 million.

·  PLI Certification: Its Gen 3 scooters are approved under India’s Production Linked Incentive (PLI) scheme, unlocking 13–18% sales incentives until 2028.

• * Only Li-Ion Battery maker in India: Ola is the only battery Li-Ion Battery manufacturer in India… not only in Autos… but also otherwise there is not any other company making Li-Ion Batteries in India. Li-Ion batteries are very, very important not only in auto sectors but drones, defence equipment, energy storage, power backup anything and everything that consumes electricity more or less requires batteries.

Ola being the single company in Li-Ion Battery in India in spite of years of MoUs by other companies showcases that battery is the most difficult part in an EV to manufacturer… Bigger Companies have feared entering this sector. It also shows that in spite of many companies posturing that they will start making batteries tomorrow… it is not as easy as it seems.

·  Tech Innovation: Ola has developed its own 4680-format, 46100, 46120 lithium-ion cells and rare-earth-free motors, reducing costs and supply chain risks.

Also it has continuously innovated and …