EconomyOla Electric reports narrower first-quarter loss as EV sales rise
India’s Ola Electric said on Friday that its first-quarter loss had narrowed. The company attributed the improvement in part to stronger sales of electric two-wheelers. Lower operating expenses after a restructuring last year also helped reduce the loss. The results point to an improvement supported by both higher sales and reduced costs.
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Reuters★★★☆☆2026-08-07 14:05Original
Ola Electric reports narrower first-quarter loss as EV sales rise
Economy