Ola Electric Says Cost-Cutting Initiatives Helping Save INR 90 Cr Per Month

Ola Electrc has completed the implementation of the cost-cutting measures under the ‘Network Transformation and Opex Reduction Program’, which was launched in November last year

Ola’s cost-cutting measures involved shutting all regional warehouses, shipping vehicles, spare parts and accessories directly from factories to stores, automating registration, among others

Ola Electric posted a consolidated net loss of INR 564 Cr in Q3 FY25 on operating revenue of INR 1,045 Cr

Bhavish Aggarwal-led Ola Electric has…