Ola Electric Gets Warning from SEBI over Disclosure Violations, Share Price declines

Ola Electric, one of the big electric two-wheeler companies, has been warned by the markets regulator for violating the rules related to disclosure. The warning comes as the company’s chief, Bhavish Aggarwal, announced important information on social media before filing it with the stock exchange. Ola Electric has said that it has received an email…

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Ola Electric Gets Big Jolt, Karnataka High Court Directs It to comply with CCPA Investigation

Ola Electric, one of the big electric two-wheeler companies, has received a big blow from the Karnataka High Court. The High Court has refused to dismiss a notice issued by the Central Consumer Protection Authority (CCPA). This notice was given as part of the investigation against the company. In this, additional documents were sought after…

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Tesla Gets Big Shock, Its Annual EV Sales Drop For First Time In Over A Decade

American electric vehicle (EV) maker Tesla’s annual sales have declined for the first time in more than a decade. Despite record deliveries in the fourth quarter, Tesla’s sales have declined. Billionaire Elon Musk’s company sold approximately 17.9 lakh vehicles last year. Challenges are increasing for EV companies. Their sales are being affected due to reduced…

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MG Motor Makes Strong Performance on back of Windsor EV, It Becomes Best Selling Electric Car for Straight Third Month

MG Motor’s share in the electric vehicles (EV) market has increased rapidly. The company’s recently launched Windsor EV is getting good response. The Windsor EV has been the best-selling electric car for the third consecutive month. This is the third EV for the company to cross sales of 10,000 units. In December, MG Motor’s sales…

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