Our Company was incorporated as `Ola Electric Mobility Private Limited' at Bengaluru, Karnataka as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated February 3, 2017, issued by the Registrar of Companies, Central Registration Centre. Subsequently, our Company was converted to a public limited company and the name of our Company changed to `Ola Electric Mobility Limited' pursuant to a Shareholders' resolution dated October 5, 2023 and a fresh certificate of incorporation dated November 17, 2023 was issued by the RoC.
Major Events and Milestones: 2022 -Started delivery of S1 Pro through OET, our Material Subsidiary -Establishment of Ola Futurefactory
2023 -Establishment of OLA BIC in Bengaluru through OET, our Material Subsidiary -Our Company entered into a memorandum of understanding with the Government of Tamil Nadu for Ola EV Hub -Launch of first experience centre by Ola Fleet Technologies Private Limited -Started delivery of Ola S1 through OET, our Material Subsidiary
2024 -Our Company became the first E2W company to cross 50,000 registrations in a single month (Source: Redseer Report) -Our Company crossed 500,000 registrations in under 30 months -Launch of 500th experience centre by Ola Fleet Technologies Private Limited
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