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Ola Electric's FY22 loss widens to Rs 784 crore, consolidated revenue jumps to Rs 373 crore

The company saw its expenses zoom to Rs 1,240 crore registering an increase of 306 per cent year-on-year (YoY). The company’s employee benefit expense amounted to Rs 282 crore in FY22 up from Rs 197 crore in FY21

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8.77 Lakhs Active Electric Vehicles Are On Indian Roads: Centre

8.77 active electric vehicles are on Indian Roads under Phase II of FAME- India Scheme, Incentives provided to buyers of electric vehicles in the form of the upfront reduction.

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