In 2019, the company lost its co-founder and former CTO, Ankit Bhati. Earlier this year, Pramendra Tomar, the company secretary and compliance officer, also left the company. In December 2024, Ola Electric's Chief People Officer,

Ola Electric expands retail network to 4,000 stores, offers discounts on electric scooters, and introduces new operating system.

India’s biggest e-scooter maker seeks to expand local footprint and address customer grievances. Read more at straitstimes.com.

Besides launching 3200 new stores in a single day, Ola Electric announced multiple new updates such as benefits on S1 range, limited-edition S1 Pro Sona, and the updated MovOS 5.

Shares of Ola Electric today surged 6.22 per cent to hit a high of Rs 99.90. They were last seen trading 1.78 per cent up at Rs 95.72. At this price, the stock has zoomed 30.41 per cent in a month.

Ola Electric's shares rose after opening over 3,200 new stores co-located with service centres. This expansion makes it India's largest EV market expansion. The company now has 4,000 stores nationwide.

Ola Electric Mobility share price gained 5% in the morning trades on Thursday. The company has annunced expanding its network to 4000 stores registering a four-fold increase from the existing network.