#Ola e-rickshaw

[evindias]

Ola is planning to launch e-rickshaw in India

Electric two wheeler manufacturing company Ola Electric is going to enter a new three wheeler segment which is autorickshaw. It is fully electric and the name is “Raahi”.  Currently, there are three electric three wheelers dominating the market which are  Bajaj RE, Mahindra Treo and Piaggio Ape e-city. Ola Raahi auto rickshaw wants to capture this market. Ola has lots experience in the electric…

[tatatechnologies]

Celebrating India’s EV Journey

Today is World EV Day. The day is observed every year with special awareness campaigns being organized globally to educate people about the benefits of electric vehicles.

While China is the world’s largest EV market, India is the second largest and most promising. Driven by incentives by the Centre and the states, the adoption of EVs is gaining momentum. India’s EV sector is attracting increasing investments in battery technology, charging infrastructure and product options. Some of the biggest brands in the EV space include Tata Nexon in cars, the Mahindra Treo in three-wheelers and Hero Electric and Ola in scooters. In addition, there are a whole lot of startups that are working on various aspects of the EV eco-system.

In this article, Autocar Professional takes you through India’s EV landscape with leaders in the segment commenting on sustainable mobility and a zero-emission future.

Meanwhile, a recent study by Castrol study has highlighted key insights on EV readiness for markets, carmakers, and consumers. Its global survey ‘Switching ON the rEVolution’ covering 10,000 consumers and 100 leaders from car manufacturers in 10 key global markets, including India suggests that 44 percent of consumers surveyed in India are considering an EV for their next vehicle purchase while 55 percent are still considering an ICE vehicle.

Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility

World EV Day is indeed a special day for us, as we look back and reflect on our journey so far. We are proud to lead the EV market in India, with a lion’s share of 88 percent. As early entrants, we have shaped the market and seen it grow with Nexon EV and Tigor EV. We have over 40,000 Tata EVs plying on road. We have also established Tata UniEVerse, a one of its kind EV ecosystem, which is further propelling the EV adoption.

Santosh Iyer, VP-Sales & Marketing, Mercedes-Benz India

Mercedes-Benz Indian has a very aggressive EV roadmap for the Indian market with three new luxury EVs. We pioneered luxury EVs in India with the EQC in 2020, which received good response from the early adopters in the luxury segment. EQC’s acceptability and market success set the ground for other brands to foray into the luxury EV segment.

Suman Mishra, Mahindra Electric Mobility

We celebrate India’s electrification journey. At Mahindra Last Mile Mobility, we are committed to promoting sustainable motoring with zero emission products. I am confident that with our collective efforts, we can enable a green and smarter tomorrow for India.

Warren Harris, CEO, Tata Technologies

Tata Technologies’ vision of Engineering a better world embodies our commitment to providing sustainable solutions especially in the rapidly growing Electric Vehicle Market. The transition to EV is also an opportunity and would also be synonymous with a move to connected vehicles enabled by ADAS and digital customer experience solutions. Tata Technologies offers end-to-end solutions for engineering, manufacturing support, and customer experience solutions for EVs globally. We have developed an elaborate EV ecosystem through alliances and partnerships across the world, including an alliance with MIH Consortium which enables us to leverage the EV ecosystem to deliver best value for our Customers.

Nagesh Basavanhalli, Executive Vice Chairman, Greaves Cotton

Greaves Electric Mobility owned Ampere is one of the fastest growing electric two-wheeler brands in the Country while the company also operates/owns the rapidly growing e-rickshaw brand Ele (Bestway) and the Teja (MLR Auto) range of L5 category three wheelers. Together the portfolio offers a strong value proposition to electrifying the way people and goods move across our country.

Mahesh Babu, CEO, Switch Mobility India, COO, Switch Mobility

To meet India’s global commitment to become Net Zero by 2070, we need to prioritize not just public transport, but public transport with zero tailpipe emissions. Electric buses are clearly the best and obvious solution to accelerate decarbonisation with increasing mass mobility. It is this imperative that guides us at Switch Mobility — to help India attain its ambitious Net Zero target by offering the society with smart, clean mass mobility solutions that are also technologically advanced, safe and comfortable for passengers. Our vision is to transform mass mobility across cities and highways, and bring about a clean revolution in the way people travel. I take the opportunity on World EV Day 2022 to invite partners and people who share the same vision to jointly achieve this critical transition.

Balbir Singh Dhillon, Head of Audi

We have installed 100+ chargers pan-India and 16 high-speed 50kW chargers across our dealerships located across strategic highways within the country. In line with our global plans to be all-electric by 2033, we are aiming to achieve about 15 percent of our India sales from EVs by 2025–2026. It’s time we start to care for the climate. I think the sooner we realise we are responsible for it, the better it is for all.

Read More: https://www.tatatechnologies.com/en/media-center/celebrating-indias-ev-journey/

[martin-cambell]

Ola Electric’s Dynamic Duo: Raahi Autorickshaw and Roadster E-Bike Set to Electrify Urban Mobility!

Ola Electric, renowned for pioneering sustainable mobility solutions, is set to diversify its product lineup with the introduction of electric auto-rickshaws and e-bikes. Named Raahi, the autorickshaw and the Roadster e-bike are poised to revolutionize urban transportation.

Strategic Vision and Product Launch

Ola Electric’s expansion into electric autorickshaws and e-bikes underscores its commitment to providing eco-friendly commuting options. The imminent launch of Raahi and Roadster aligns with the company’s goal of catering to evolving commuter needs while establishing itself as a leader in electric mobility.

Innovative Offerings and IPO Preparation

With successful electric scooter models like Ola S1 Pro, S1X, S1X+, and S1 Air, Ola Electric has solidified its position in the electric vehicle sector. As it prepares for an IPO, the company aims to set new milestones with its upcoming launches. The introduction of electric auto-rickshaws and e-bikes further strengthens Ola Electric’s market presence and enhances its appeal to investors.

Strategic Moves and Financial Objectives

The unveiling of Raahi symbolizes Ola Electric’s strategic direction preceding its IPO. Diversifying its product portfolio and attracting investor interest are key objectives for the company. With plans to raise significant capital through its IPO, Ola Electric aims to fuel growth and expansion in the electric vehicle market.

Leadership and Market Disruption

Under the leadership of Bhavish Aggarwal, Ola Electric is poised to disrupt the electric vehicle landscape once again. Aggarwal’s innovative strategies and focus on competitive pricing and execution in the electric 3W domain signal a game-changing shift in urban transportation. Following its success in the electric 2W market, Ola Electric aims to replicate this achievement in the 3W segment.

As Ola Electric ventures into electric auto-rickshaws and e-bikes, it marks a significant milestone in its journey toward providing sustainable mobility solutions. With a strong leadership team, innovative offerings, and strategic market moves, Ola Electric is poised to capture a significant share of the burgeoning electric vehicle segment, driving positive change in urban transportation.

Also Read

Ultraviolette Unveils Fast-Charging Revolution Sparks Up India’s EV Landscape

[wealthview]

Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023

New Post has been published on https://wealthview.co.in/ola-electric-ipo/

Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023

Ola Electric IPO: Ola Electric is a young Indian electric vehicle (EV) company, aiming to disrupt the transportation landscape with its electric scooters and cars. They compete in the rapidly growing Indian EV market, fueled by government incentives and increasing environmental awareness.

Page Contents

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Ola Electric IPO Details:

Ola Electric Company Profile:

Ola Electric Financials:

Ola Electric IPO Objectives:

Ola Electric IPO Lead Managers & Registrar:

Ola Electric IPO Risks:

Ola Electric IPO Details:

IPO status: Not yet launched. DRHP filed with SEBI on December 22, 2023.

Expected timeline: Subscription likely in early 2024, listing soon after.

Offer size: Up to ₹5,500 crore fresh issue and offer for sale of 95,191,195 shares.

Price band: Not yet announced. Targeted valuation is $7-8 billion.

News and Developments:

Positive buzz: Filing the DRHP is a crucial step, generating excitement among investors and analysts.

Funding secured: Recent reports about Ola Electric securing $500 million in loan B financing demonstrate investor confidence.

Gigafactory progress: Progress on Ola’s ambitious Gigafactory project in Tamil Nadu adds weight to their production capabilities.

Market uncertainty: Global economic worries and potential inflation may dampen investor sentiment for risky ventures like IPOs.

Ola Electric Company Profile:

Ola Electric, a name synonymous with India’s electric vehicle revolution, is rapidly carving its niche in the burgeoning industry. Founded in 2017 by Bhavish Aggarwal, the mastermind behind Ola Cabs, Ola Electric has come a long way in its mission to disrupt the traditional transportation landscape. Let’s delve into the company’s history, operations, and market position.

A Brief History of Electrification:

2017: Ola Electric embarks on its electric journey, initially focusing on electric rickshaws.

2019: The company unveils its first electric scooter, the S1, followed by the S1 Pro in 2020.

2021: Ola Futurefactory, the world’s largest two-wheeler manufacturing facility, is inaugurated in Krishnagiri, Tamil Nadu.

2022: Ola launches its electric car, the Ola S1, marking its entry into the four-wheeler segment.

2023: The company files its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its highly anticipated IPO.

Operations and Market Position:

Products: Ola Electric currently offers a range of electric scooters, including the S1, S1 Pro, and S1 Air, along with its flagship electric car, the Ola S1.

Market Share: In the Indian electric two-wheeler market, Ola Electric holds a dominant position, capturing over 50% share in FY23. However, it faces stiff competition from established players like Hero Electric and Ather Energy.

Global Ambitions: Ola Electric aspires to become a global leader in the EV space, with plans to enter international markets like the UK and Australia.

Key Facts and Figures:

Funding: Ola Electric has raised over $1 billion in funding from prominent investors like SoftBank, Temasek, and Tiger Global.

Valuation: The company is currently valued at around $5.4 billion, potentially reaching $7-8 billion after its IPO.

Employees: Ola Electric employs over 10,000 people across its various operations.

Prominent Brands and Partnerships:

Ola Futurefactory: This state-of-the-art facility boasts a production capacity of 20 million electric two-wheelers per year.

Ola Electric Mobility Institute (OEMI): This dedicated institute focuses on research and development in electric vehicle technology.

Partnerships: Ola Electric has partnered with key players like Flipkart, Axis Bank, and Bharat Petroleum to facilitate e-commerce sales, financing options, and charging infrastructure development.

Milestones and Achievements:

Building the world’s largest two-wheeler factory.

Becoming the leading electric two-wheeler manufacturer in India.

Developing and launching its own electric car within a short timeframe.

Competitive Advantages and USP:

First-mover advantage in the Indian electric scooter market.

Vertically integrated operations, including battery production.

Focus on cutting-edge technology and innovation.

Building a robust charging infrastructure network.

Ola brand recognition and established customer base.

Ola Electric’s journey is a testament to its ambition and agility in the dynamic EV landscape. With its aggressive expansion plans, focus on innovation, and strategic partnerships, the company is poised to play a pivotal role in shaping the future of mobility in India and beyond.

Ola Electric Financials:

Revenue: Ola Electric has demonstrated explosive revenue growth in FY23, with total revenue reaching Rs. 2,782 crore, a rise of over 500% compared to FY22. This growth is primarily driven by increased sales of its electric two-wheelers.

Profitability: Despite the remarkable revenue increase, the company continues to incur losses. Net loss in FY23 stood at Rs. 1,472 crore, widening from Rs. 784 crore in FY22. This is mainly due to high operating expenses associated with factory setup, research & development, and marketing initiatives.

Ola Electric IPO Objectives:

Ola Electric’s decision to go public through an IPO is driven by several key objectives, all of which align with its ambitious future growth strategy:

1. Capital Raising: The primary objective is to raise funds, estimated to be around Rs. 7,250 crore, through a combination of fresh issue and offer for sale (OFS). This capital injection is crucial for:

Funding Growth: Ola Electric aims to expand its product portfolio beyond electric scooters, introducing new models and venturing into four-wheeler segments like electric cars and commercial vehicles.

Building Manufacturing Capacity: Scaling up production capacity for existing and future models requires significant investments in infrastructure and technology. Ola’s Futurefactory, while impressive, needs additional resources to meet its long-term goals.

R&D and Innovation: Continued investment in research and development is essential for staying ahead in the rapidly evolving EV landscape. This includes battery technology advancements, autonomous driving features, and other cutting-edge innovations.

Debt Reduction and Financial Flexibility: A portion of the raised funds might be used to repay or pre-pay existing debt, enhancing the company’s financial stability and flexibility for future investments.

2. Enhanced Brand Recognition and Market Credibility: Going public brings Ola Electric under the public spotlight, increasing brand recognition and attracting a wider investor base. This can solidify its position as a leading player in the Indian EV market and strengthen its credibility among potential partners and customers.

3. Access to Talent and Partnerships: A successful IPO can attract and retain top talent, crucial for executing the company’s growth strategy. Public listing also opens doors for potential partnerships with established players in the automotive, technology, and financial sectors.

Ola Electric IPO Lead Managers & Registrar:

Ola Electric has entrusted a consortium of renowned investment banks to act as lead managers for its highly anticipated IPO:

Lead Managers:

Kotak Mahindra Capital Company Limited: A leading financial institution in India with extensive experience in managing large-scale IPOs, including SBI Cards, HDFC Life, and LIC.

Citigroup Global Markets India Private Limited: Renowned global investment bank with a strong track record in IPOs across various sectors, including Zomato, Nykaa, and Paytm.

BofA Securities India Limited: Global leader in investment banking with extensive experience in managing major Indian IPOs like IRCTC, Indian Railway Finance Corporation, and Coal India.

Goldman Sachs (India) Securities Private Limited: Reputable investment bank with deep expertise in handling tech-oriented and high-growth IPOs, including Delhivery, Macrotech Developers, and Policybazaar.

Axis Capital Limited: Leading domestic investment bank with successful involvement in IPOs like Adani Wilmar, Glenmark Life Sciences, and Dixon Technologies.

ICICI Securities Limited: Established Indian financial institution with significant experience in managing IPOs like Sona BLW Precision Forgings, Indigo Paints, and Astral Poly Technik.

SBI Capital Markets Limited: Investment arm of India’s largest bank, SBI, with significant involvement in IPOs like Glenmark Pharmaceuticals, Larsen & Toubro Infotech, and Indiabulls Real Estate.

BOB Capital Markets Limited: Investment banking arm of Bank of Baroda, with experience in managing IPOs like Aavas Financiers, RBL Bank, and Sundaram Asset Management.

Track Record:

These lead managers collectively boast a proven track record of successfully managing complex IPOs in diverse sectors, highlighting their experience, expertise, and network of investors. This expertise provides investors with confidence in the execution and overall success of the Ola Electric IPO.

Registrar:

Link Intime India Private Limited is appointed as the registrar for the Ola Electric IPO. The registrar’s role involves handling shareholder records, managing share transfers, dividend payments, and other administrative tasks related to the issue and trading of shares. This ensures a smooth and transparent process for investors throughout the IPO and beyond.

Ola Electric IPO Risks:

While Ola Electric’s IPO holds immense potential, it’s crucial to acknowledge and understand the inherent risks associated with investing in this high-growth, high-risk venture. Here are some key points for potential investors to consider:

Industry Headwinds: The EV market, despite its promising prospects, faces challenges like rising battery costs, dependence on government subsidies, and the potential for policy changes. These factors could impact Ola Electric’s profitability and growth trajectory.

Company-Specific Challenges:

Profitability Concerns: Ola Electric continues to incur significant losses, raising concerns about its ability to achieve long-term profitability. The company’s ambitious growth plans might further strain its finances in the short term.

Intense Competition: Established players like Hero Electric and Ather Energy, along with potential new entrants, will intensify competition in the Indian EV market. Ola Electric needs to differentiate itself and maintain its market share to achieve sustained success.

Manufacturing and Supply Chain Risks: Reliance on imported components and potential supply chain disruptions can impact production timelines and delivery schedules, affecting the company’s ability to meet demand.

Execution Risks: Implementing Ola’s ambitious expansion plans and future ventures like car production requires strong execution capabilities. Any missteps or delays could hinder the company’s progress.

Financial Health:

While Ola Electric’s revenue growth is impressive, its current financial position raises some red flags for investors:

High Losses: The company’s net loss nearly doubled in FY23, highlighting the need for significant improvement in cost management and profitability.

Limited Operating History: Ola Electric is a relatively young company with limited operating history, making it difficult to assess its long-term viability and ability to overcome challenges.

Debt Levels: While currently low, the company might need to take on debt to finance its expansion plans, potentially increasing its financial risks.

Ola Electric Mobility Limited – DRHP

Also Read: How to Check IPO allotment status?

[twnenglish]

Success Story Behind Bhavish Agarwal's Ola Cabs

While the majority of us dream of owning posh vehicles with cool drivers, meet this Indian entrepreneur who enchanted the lives of millions by curating the best online "Book A Ride" service. The mastermind behind one such 'e-commerce' venture gave people relief from traveling by chaotic rickshaws or buses.

Bhavish Agarwal is an Indian entrepreneur and a co-founder of "Ola Cabs" who hails from Punjab, Ludhiana, and was born on 28th August 1985. He then graduated from IIT Bombay in 2008 with a bachelor’s degree in Computer Science and Engineering. He lives in Bangalore now. Apart from working non-stop, he enjoys cycling, playing squash, and owns a photography blog, which shows how much he admires photography. His favorite book includes "Biography of Steve Jobs".

Since Bhavish Agarwal is a savvy tech, he started his own blog as a blogger at Desitech. From 2008 till 2009. Desitech, In loyally hosts content related to tech geek things and is all about Indian start-ups, events, etc. While he was already laddering up the success shield, he kick-started his career with a bang enduring a position with a highly reparative company "Microsoft Research" as a research intern and got restored at a later stage as assistant research for 2 years from 2008 till 2010. At the same time, he got 3 papers published in internal journals by filing 2 patents. Bhavish then soon ditched his job to build an empire of online rental cab service known as "OLA CABS" in 2010 which was a re-branding of his previous venture.

To Read This Full ARTICLE, Click Here

[freddiemark]

Analyzing Ola Share Price: Factors Influencing Its Growth and Potential Future

Introduction to Ola Share Price

Ola, a well-known name in the ride-sharing industry, has been making headlines not only for its innovative services but also for its share price performance in the stock market. As of my last knowledge update in September 2021, Ola was preparing for its initial public offering (IPO), which generated significant interest among investors and the public alike. In this article, we will delve into Ola share price, exploring the factors influencing its growth and discussing its potential future prospects.

The Ola Story

Ola, founded in 2010 by Bhavish Aggarwal and Ankit Bhati, has emerged as one of India's leading ride-sharing platforms. Over the years, the company has expanded its services to include not only traditional cab services but also auto-rickshaws, two-wheelers, electric vehicles (EVs), and even food delivery through Ola Foods. This diversification has allowed Ola to become a comprehensive mobility platform, giving it a strong competitive edge.

The IPO Buzz

In 2021, Ola announced its plans to go public through an IPO. The IPO market in India has been quite active, with several technology companies, including Zomato, getting listed successfully. The buzz around Ola IPO was significant, as it was expected to be one of the largest tech IPOs in India, drawing attention from both institutional and retail investors.

Factors Influencing Ola's Share Price

   a. Market Sentiment: Like all publicly traded companies, Ola's share price is influenced by market sentiment. Positive news, strong financial performance, and investor confidence can drive the share price up, while negative developments or economic uncertainties can have the opposite effect.

   b. Competition: Ola operates in a fiercely competitive market, with rivals like Uber and various local players. The company's ability to maintain or expand its market share in the face of competition can significantly impact its share price.

   c. Regulatory Environment: Ride-sharing companies are subject to various regulations in different regions. Changes in regulations can affect Ola's operations and, consequently, its share price. Investors closely monitor the company's ability to navigate regulatory challenges.

   d. Financial Performance: Ola's financial performance is a critical factor in determining its share price. Key metrics such as revenue growth, profitability, and cash flow play a pivotal role in shaping investor perceptions.

   e. Innovation and Diversification: Ola's ability to innovate and diversify its services can drive investor confidence. Initiatives like Ola Electric, which focuses on electric mobility, can be a significant catalyst for share price growth.

The Impact of COVID-19

The COVID-19 pandemic posed significant challenges for the ride-sharing industry as people reduced their travel and opted for safer transportation options. Ola, like its competitors, faced a dip in demand during the pandemic. However, the company also adapted by introducing safety measures and expanding its delivery services to offset some of the losses incurred in its core ride-sharing business.

Ola's Commitment to Electric Mobility

One of the exciting developments at Ola is its commitment to electric mobility. Ola Electric, a subsidiary of Ola, aims to promote the use of electric vehicles in India. As the world shifts towards sustainable transportation, Ola's focus on electric vehicles can position it favorably in the eyes of environmentally conscious investors.

Potential Future Prospects

   a. EV Revolution: As the adoption of electric vehicles accelerates, Ola's investment in electric mobility can pay off handsomely. If Ola Electric succeeds in establishing itself as a leader in the EV space, it could drive significant share price growth.

   b. International Expansion: Ola has ambitions beyond India. Expanding into international markets could open up new revenue streams and potentially lead to a more favorable valuation in the stock market.

   c. Profitability: Like many tech startups, Ola has focused on growth over profitability. Investors will be keenly watching its path to profitability, as sustained losses can put downward pressure on the share price.

   d. Regulatory Clarity: Clarity on regulatory issues, especially in key markets, will be crucial for Ola's future growth. Positive regulatory developments can boost investor confidence.

Conclusion

Ola share price is subject to a multitude of factors, ranging from market sentiment to regulatory changes and financial performance. As of my last update in September 2021, Ola was gearing up for its IPO, and its share price was eagerly anticipated by investors. However, it's important to note that the stock market is inherently volatile, and share prices can fluctuate rapidly in response to news and events.

Investors considering Ola as a potential investment should conduct thorough research, stay informed about the latest developments, and assess the company's long-term prospects. Ola's commitment to electric mobility and diversification into various services make it an intriguing player in the mobility sector with the potential for significant growth, but like all investments, it comes with its own set of risks.

[loomsolarblog]

Top 10 Lithium battery Manufacturers

What is a Lithium Battery?

Lithium batteries, featuring lithium as the anode, have rapidly gained popularity, outpacing traditional counterparts like lead-acid batteries. These advanced energy storage solutions are increasingly prevalent in consumer electronics due to their lightweight construction, impressive energy density, and extended lifespan. Furthermore, their applications have expanded to encompass energy storage systems and electric vehicles, signifying their growing significance in a wide range of industries.

Top 10 Lithium Battery Manufacturers:

The top 10 manufacturers of lithium batteries are listed below-

Loom Solar- Energy Storage: Loom Solar has made a big move by adding lithium battery to its products. What’s special is that they’re the first company to sell lithium batteries in the 6Ah to 100 Ah range directly to regular customers through stores and online shops. This means people can use these batteries for their homes. Loom Solar has been working hard on creating these batteries, making them fit the needs of regular folks, and coming up with new designs as the technology evolves.

Reliance- EV: In order to hasten the commercialization of batteries for electric vehicles, the multinational Indian corporation is investing in Faradion. The company asserts that sodium-ion technology is both less expensive and safer. If it is successful, Reliance will gain from the storage of renewable energy as well as from automobiles.

Mahindra- EV: Mahindra, another top automaker, is making a serious push into EVs. Mahindra also unveiled the Mahindra Treo, an e-rickshaw, and a cargo version of the nation’s first-ever auto rickshaw powered by lithium-ion batteries. The corporation is also introducing a large selection of vehicles in electrified form.

Hyundai- EV: Hyundai, one of the top automakers in India, has made the switch to electric driving with the introduction of the Kona, a high-end electric vehicle. The alliance will concentrate on enhancing the lithium batteries used in electric automobiles’ capacity, strength, and safety.

Ola –EV: The PLI scheme for battery production received applications from eleven Indian companies, including Ola. They also revealed plans to establish a new company, Ola Electric Mobility Pvt Limited, which would lease electric vehicles, including automobiles, buses, and two-wheelers, to its partner drivers.

Amarraja (Amaron)- EV: The Amara Raja Group’s power brand Amaron. In the Indian storage battery market, it is a technology pioneer and among the biggest producers of lead-acid batteries for both industrial and automotive applications.

Exide- EV: Exide Industries is the leading battery manufacturer in India. Exide recently branched out into the production of lithium-ion cells.

Panasonic- Telecom: Panasonic provides a large selection of lithium batteries for use in portable electronics, backup batteries in case of emergencies, etc. It has long-term dependability for outdoor equipment as well as exceptional properties over a broad temperature range.

LG- Telecom: The business is establishing significant manufacturing capacity globally and is making significant strides in the production of lithium batteries.

Samsung- Telecom: Samsung SDI is a subsidiary of Samsung Group and is involved in lithium-ion batteries for various applications, including telecom.

Conclusion: To power our homes reliably, we need good batteries and inverters. So, it’s really important to choose the right battery. So as above, we discussed about “Top 10 lithium battery manufacturers”. There one of them is Loom Solar. Right now, anyone can buy lithium batteries for storing energy online from Loom Solar. They have a big selection of these batteries for different uses, like homes, offices, schools, hospitals, and more. They make batteries that can store a little bit of energy or a lot, from 75Wh to 5kWh. If you want to see what they have, just check out their website.

[gtccabs]

Can I book taxi services in Delhi in Advance?

Yes, you can book taxi services in Delhi in advance. There are several taxi service providers in Delhi that offer the option to book taxis ahead of time. You can make a reservation through their websites, mobile apps, or by calling their customer service helpline.

Here are a few popular taxi service providers in Delhi:

GTC Cabs: GTC Cabs is an online cab booking aggregator that provides reliable and premium car rental, outstation cabs, and shared taxi services across India. The company was founded in 2021 by KP, and is headquartered in Noida, Uttar Pradesh.

Uber: Uber is a widely used taxi service that allows you to book a taxi in advance through their mobile app. You can choose the type of vehicle you want, specify the pickup location and time, and the driver will be assigned to you accordingly.

Ola: Ola is another popular taxi service in Delhi. Similar to Uber, you can book a taxi in advance using their mobile app. They offer various vehicle options, including hatchbacks, sedans, and SUVs.

Meru Cabs: Meru Cabs is a well-known taxi service in Delhi. They provide the option to book a taxi in advance through their website, mobile app, or by calling their customer service. They offer both regular and premium taxi options.

When booking a taxi in advance, it's recommended to provide accurate details such as the pickup location, date, and time to ensure a smooth experience. Additionally, it's advisable to check the availability and rates of different taxi service providers to compare and choose the one that best suits your needs.

Most Cheapest Taxi Service in Delhi?

The availability and pricing of taxi services in Delhi can vary, and it's important to compare options to find the most affordable one. Here are a few taxi services in Delhi that are generally considered to be budget-friendly:

Auto-rickshaws: Auto-rickshaws, also known as "autos," are a common and economical mode of transport in Delhi. They are three-wheeled vehicles that can be hailed from the street or found at designated auto stands. Auto-rickshaws run on metered fares, and it's recommended to insist on using the meter or negotiate the fare before starting the journey.

Metro Feeder Cabs: Delhi Metro offers feeder cab services at various metro stations, which provide convenient last-mile connectivity. These cabs are usually small hatchbacks or sedans and offer budget-friendly fares for short distances.

E-rickshaws: E-rickshaws are electrically powered three-wheeled vehicles commonly found in Delhi. They are an eco-friendly and inexpensive mode of transportation, particularly for shorter distances within local neighborhoods.

Bike Taxis: Bike taxis have gained popularity in Delhi as a cost-effective transportation option for short rides. Several bike taxi service providers operate in the city, offering competitive rates for quick point-to-point trips.

Shared Ride Services: Shared ride services likeGTC Shared Cabs, Ola Share and UberPOOL allow passengers heading in the same direction to share a ride and split the fare. This can significantly reduce the cost compared to booking an entire cab for yourself.

It's worth noting that while these options generally offer lower fares, they may have limitations in terms of distance coverage or availability in certain areas. Additionally, factors such as traffic conditions, time of day, and surge pricing during peak hours can affect the overall cost. It's advisable to check the rates and availability of different services and choose the one that best fits your budget and requirements.

[nishaparmar]

Exploring the Transportation Services in Delhi: A Hub of Connectivity

Delhi, the capital city of India, is not only a vibrant cultural hub but also a bustling metropolitan center with a massive population. As a result, efficient transportation systems are crucial to keep the city running smoothly. In this article, we will delve into the various transport companies operating in Delhi, highlighting their services, benefits, and contributions to the city's overall mobility.

1. Metro Rail

Delhi Metro Rail Corporation (DMRC) has revolutionized public transportation in the city. The extensive metro network spans across Delhi and its satellite cities, providing a fast, reliable, and eco-friendly mode of travel. With air-conditioned coaches, frequent trains, and affordable fares, the Delhi Metro has become the lifeline for commuters, reducing traffic congestion and travel time. DMRC's commitment to safety, cleanliness, and accessibility has earned it a remarkable reputation among locals and tourists alike.

2. Bus Services

Delhi Transport Corporation (DTC) operates an extensive fleet of buses, connecting every nook and corner of the city. These buses are an affordable and convenient mode of transportation, catering to the diverse needs of commuters. DTC also runs special services for schools, colleges, and office-goers, easing the burden on private vehicles and reducing pollution levels. Additionally, private bus operators offer intercity and interstate services, ensuring seamless connectivity between Delhi and other regions.

3. Auto-rickshaws and Taxis

Auto-rickshaws and taxis play a significant role in the last-mile connectivity within Delhi. Auto-rickshaws, known as "autos" locally, are three-wheeled vehicles that are popular for short-distance travel. They are compact, maneuverable, and often serve as an economical option for individual commuters. Taxis, on the other hand, offer a more comfortable and convenient travel experience, suitable for longer journeys and carrying more passengers. App-based ride-hailing services like Ola and Uber have further enhanced the accessibility and reliability of taxis, ensuring hassle-free transportation for residents and visitors.

4. Bike-Sharing Services

In recent years, bike-sharing services have gained popularity in Delhi, catering to the rising demand for sustainable and affordable transportation. Companies like Bounce and Yulu offer dockless bikes that can be rented through mobile apps. These services are particularly useful for short trips and last-mile connectivity, allowing users to conveniently pick up and drop off bikes at designated locations. Bike-sharing not only reduces traffic congestion but also promotes a healthier lifestyle and reduces pollution levels.

5. Goods Transportation

Delhi's transport infrastructure extends beyond passenger services to include efficient goods transportation networks. Numerous logistics and courier companies operate in the city, providing timely and reliable delivery services. These companies play a crucial role in supporting local businesses, e-commerce platforms, and industries by ensuring the smooth movement of goods. From small courier agencies to large-scale logistics companies, the goods transportation sector in Delhi contributes significantly to the city's economic growth and development.

Conclusion

Delhi's transport companies form a robust network of connectivity, catering to the diverse needs of its residents and visitors. From the Delhi Metro Rail Corporation and the Delhi Transport Corporation to auto-rickshaws, taxis, bike-sharing services, and goods transportation companies, each mode of transport plays a vital role in keeping the city on the move. These services not only enhance accessibility but also contribute to reducing traffic congestion, pollution levels, and travel time. As Delhi continues to grow and evolve, its transportation infrastructure will undoubtedly play a pivotal role in shaping the city's future.

For more information please visit - Transport Company in Delhi

Title: Exploring the Transportation Services in Delhi: A Hub of Connectivity

Introduction

Delhi, the capital city of India, is not only a vibrant cultural hub but also a bustling metropolitan center with a massive population. As a result, efficient transportation systems are crucial to keep the city running smoothly. In this article, we will delve into the various transport companies operating in Delhi, highlighting their services, benefits, and contributions to the city's overall mobility.

1. Metro Rail

Delhi Metro Rail Corporation (DMRC) has revolutionized public transportation in the city. The extensive metro network spans across Delhi and its satellite cities, providing a fast, reliable, and eco-friendly mode of travel. With air-conditioned coaches, frequent trains, and affordable fares, the Delhi Metro has become the lifeline for commuters, reducing traffic congestion and travel time. DMRC's commitment to safety, cleanliness, and accessibility has earned it a remarkable reputation among locals and tourists alike.

2. Bus Services

Delhi Transport Corporation (DTC) operates an extensive fleet of buses, connecting every nook and corner of the city. These buses are an affordable and convenient mode of transportation, catering to the diverse needs of commuters. DTC also runs special services for schools, colleges, and office-goers, easing the burden on private vehicles and reducing pollution levels. Additionally, private bus operators offer intercity and interstate services, ensuring seamless connectivity between Delhi and other regions.

3. Auto-rickshaws and Taxis

Auto-rickshaws and taxis play a significant role in the last-mile connectivity within Delhi. Auto-rickshaws, known as "autos" locally, are three-wheeled vehicles that are popular for short-distance travel. They are compact, maneuverable, and often serve as an economical option for individual commuters. Taxis, on the other hand, offer a more comfortable and convenient travel experience, suitable for longer journeys and carrying more passengers. App-based ride-hailing services like Ola and Uber have further enhanced the accessibility and reliability of taxis, ensuring hassle-free transportation for residents and visitors.

4. Bike-Sharing Services

In recent years, bike-sharing services have gained popularity in Delhi, catering to the rising demand for sustainable and affordable transportation. Companies like Bounce and Yulu offer dockless bikes that can be rented through mobile apps. These services are particularly useful for short trips and last-mile connectivity, allowing users to conveniently pick up and drop off bikes at designated locations. Bike-sharing not only reduces traffic congestion but also promotes a healthier lifestyle and reduces pollution levels.

5. Goods Transportation

Delhi's transport infrastructure extends beyond passenger services to include efficient goods transportation networks. Numerous logistics and courier companies operate in the city, providing timely and reliable delivery services. These companies play a crucial role in supporting local businesses, e-commerce platforms, and industries by ensuring the smooth movement of goods. From small courier agencies to large-scale logistics companies, the goods transportation sector in Delhi contributes significantly to the city's economic growth and development.

Conclusion

Delhi's transport companies form a robust network of connectivity, catering to the diverse needs of its residents and visitors. From the Delhi Metro Rail Corporation and the Delhi Transport Corporation to auto-rickshaws, taxis, bike-sharing services, and goods transportation companies, each mode of transport plays a vital role in keeping the city on the move. These services not only enhance accessibility but also contribute to reducing traffic congestion, pollution levels, and travel time. As Delhi continues to grow and evolve, its transportation infrastructure will undoubtedly play a pivotal role in shaping the city's future.

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Companies With IPOs In September

The IPO market is experiencing remarkable growth in September. The upcoming IPOs for this month are listed below.

Keventer Agro

The business sells a wide variety of goods under numerous brands and classifications. They were a part of the value chain and offered more than 90 SKUs in the fresh, frozen, and ambient long-shelf-life product categories as of March 2021.

350 crore rupees in new shares and 1 crore shares from existing shareholders make up the Keventer Agro IPO.

Capital Small Finance Bank

The first small finance bank in India, Capital Small Finance Bank, was founded in 2016. It will rank among the top SBFs in terms of asset quality, cost of funds, retail deposits, and CASA deposits in March 2021.

A large book value spread across a variety of asset classes characterizes the Capital Small Finance Banks diverse portfolio. The bank has the highest secured loan rate among its rivals at 99 percent.

The first IPO has taken place.

Sresta Natural Bioproducts

The Hyderabad-based company sells packaged organic products.

Shares from current shareholders as well as new shares are included in the Sresta Natural Bioproducts IPO. To fulfil working capital requirements and pay off or repay some market debts, the company plans to sell fresh shares to raise Rs 50 crore.

Landmark Cars

An initial public offering (IPO) of Rs 762 crore, which will comprise both new shares and an offer to sell stock, is about to begin at the car dealership. The net proceeds from the sale of new shares worth Rs 150 crore will be put toward general company objectives and utilised to repay or settle any market liabilities.

Technologies Tracxn

By providing them with statistical data on their clients, Tracxn Technologies assists new enterprises in establishing effective customer service. Tracxn Technologies' IPO offer represents a complete sale of the company's existing stockholders.

Ola Cab

One of the largest app-driven cab services is provided by this business. It offers transportation assistance at 250 locations in India, New Zealand, the UK, and Australia. Customers can communicate with drivers of motorbikes, e-rickshaws, cabs, and taxis through the app-based service.

About Rs 1500 crore will be the estimated value of the IPO.

Elin Electronics

With a 12 percent market share in Fiscal 2021, the company is a key participant in the electronics manufacturing services (EMS) industry. Manufacturers of tiny kitchen appliances, fans, and lighting can acquire complete product solutions from Elin Electronics. They invented motors with a tenth of a horsepower as well.

Fresh shares of Rs 175 crore and OFS stocks are combined in the IPO.

Droom Technology

By utilizing technology and data science, they run a firm that makes it simpler to buy and sell cars online. The largest collection of automobiles available for purchase online can be found at Droom Technologies, the only business in India that provides a fully online transactional solution. On their platform, 1.15 million new and used cars, bikes, and other vehicles are posted.

Current shareholders may propose to sell their shares in the IPO, and there will also be new issuance of Rs 200 crore.

One Mobikwik System

One of the biggest businesses that provides "Buy Now, Pay Later" services is Mobikwik. Fintech is a significant component of the industry since it simplifies routine mobile transactions and allows individuals to "purchase now and pay later."

Both primary shares and an offer to sell are included in the public offering.

Skanray Technologies

They design, develop, produce, and market high-end equipment, and they are the best at making medical devices. The main issue consists of new shares worth Rs 400 crores and a share sale proposal from existing shareholders.

Gemini Edibles and Fats

The business produces, distributes, and sells edible oils and fats. One of the fastest growth rates in the market was experienced by Gemini Edibles. Under the brand name Freedom, they dominate the market for producing sunflower oil in the southern Indian states.

Ixigo

Booking travel, tickets, and hotels online is simple with Ixigo. By utilising advancements in data science, machine learning, and artificial intelligence, they assist travellers in making wise travel selections.

The company is now authorized to launch an IPO for Rs 1600 crore.

API Holdings

They are India's top healthcare provider by gross merchandise value (GMV) in the fiscal year 2021. From start to finish, API Holdings operates an integrated operation. This enables them to provide services to all parties involved in the healthcare value chain.

Emcure Pharmaceutical

One of the largest pharmaceutical firms in India is the business. In a number of significant therapeutic areas, it develops, produces, and sells medicines globally.

Final remarks

IPOs can be a fantastic investment option that allow investors to diversify their portfolios. However, you need to complete your study and investigation before investing in a new business. If you are familiar with the firm and understand its worth, only invest in an initial public offering (IPO). Investing in an IPO might be dangerous without doing your research.

You can invest in September 2022 initial public offerings (IPOs) with Zebu. Create a free Demat account.

[brajeshupadhyay]

The government on Friday announced a "limited" extension of the nationwide lockdown stating that suspension of inter-state travel, air and train services, will continue to remain in force for another two weeks throughout the country from 4 to 18 May. But some activities would be allowed after classifying areas into Red, Orange and Green zones. The government order, which announced extension of the lockdown invoking the Disaster Management Act, said a limited number of activities will remain prohibited throughout the country, irrespective of the zone. These prohibited activities include travel by air, rail, metro and inter-state movement by road, running of schools, colleges, and other educational and training hospitality services, cinema halls, malls, gymnasiums, sports complexes. The home ministry also issued new guidelines to regulate different activities in this period, based on the risk profiling of the districts of the country into new zones with 'Red' signifying a hotspot. The statement said that the Union Health Ministry would be sharing classification of districts into zones to the states and union territories on weekly basis. Considering, the wide impact of the lockdown, and how it varies from district to district, depending on their categorisation as red, orange and green zone, here's an FAQ to help answer most of your questions surrounding the phase III of the nationwide lockdown. What’s the status of the lockdown? It has been extended by two weeks from May 4. So, nothing changes for two more weeks? Not really. The government has eased rules for a number of activities. How? The entire country has been colour coded into Red, Orange and Green Zones. The rules are the strictest in the Red Zone districts, and progressively gets easier in the Orange and Green Zones. What do these colours signifiy? Red Zone areas are those where the incidence of Covid-19 positive cases are highest, followed by Orange and Green Zones. Does life in a Red Zone remain unchanged? If you are in a Red Zone, the following will be allowed: Private cars with at most two persons. Two-wheelers without pillion rider What about offices and businesses in Red Zones? Yes some of them, such as the following: Special Economic Zones (SEZs), Industrial Estates and Export Oriented Undertakings with access control Manufacturing plans of essential goods Manufacturing of IT hardware Jute industry units with staggered shifts and social distancing Manufacturing units of packaging material And construction and housing projects? Construction activities in urban areas have been limited to in-situ construction (where workers are available on site and no workers are required to be brought in from outside) and construction of renewable energy projects. What about shops? Will all shops open in Red Zones from 4 May? Shops in urban areas, for non-essential goods, are not allowed in malls, markets and market complexes. However, all standalone (single) shops, neighborhood (colony) shops and shops in residential complexes are permitted to remain open in urban areas, without any distinction of essential and non-essential. Can I get home delivered non-essential goods such as clothes through e-commerce companies? E-commerce of non-essentials will not be allowed in a Red Zone area. What about salons? Barber shops, spas and salons will not be allowed to open. Can I book an Uber or an Ola to go out? No, you can’t. Plying of cycle rickshaws and auto rickshaws; running of taxis and cab aggregators; intra-district and inter-district plying of buses will remain prohibited in Red Zone districts for two more weeks. What about offices? Private offices can operate with up to 33 percent strength as per requirement, with the remaining persons working from home. All Government offices shall function with senior officers of the level of Deputy Secretary and above at full strength, and the remaining staff attending up to 33 percent as per requirement. Most of the commercial and private establishments have been allowed in the Red Zones. These include print and electronic media, IT and IT enabled services, data and call centres, cold storage and warehousing services, private security and facility management services, and services provided by self-employed persons, except for barbers, and manufacturing units of essential goods. Red Zone Orange Zone Green Zone

http://sansaartimes.blogspot.com/2020/05/coronavirus-outbreak-faq-centre-extends.html

[blog-pratik-me-blog]

An electric-vehicle revolution is gaining ground in India.

The South Asian nation is home to about 1.5 million battery-powered, three-wheeled rickshaws – a fleet bigger than the total number of electric passenger cars sold in China since 2011. But while the world’s largest auto market dangled significant subsidies to encourage purchases of battery-powered cars, India’s e-movement hardly got a hand from the state.

Rather, drivers of the present three-wheelers weaving through crowded, smoggy streets discovered that e-rickshaws are quieter, faster, cleaner and cheaper to maintain than a traditional auto rickshaw. They also are less exhausting than cycle rickshaws, which require all-day peddling. So with more rides possible in a day, people are preferring to go by the e-rickshaws which are proving to be more lucrative.

According to Rahul Mishra, a principal at consulting firm A.T. Kearney as many as 11,000 new e-rickshaws are hitting the streets every month, and annual sales are expected to increase about 9 percent by 2021. Three-wheeled vehicles make up a $1.5 billion market, and manufacturers of electric versions include Mahindra & Mahindra Ltd. and Kinetic Engineering Ltd., along with smaller outfits that assemble parts imported from China.

Goldie Srivastava, chief executive officer and co-founder of SmartE, an Uber-style app says that “This is a once-in-a-lifetime, transformational opportunity that we’re looking at,’’ using 800-plus e-rickshaws around New Delhi. “When we look at electric mobility, the focus should be: Are you as a government enabling products that are designed for the future?’’

Ola plans to place 10,000 e-ricks in its service by next April.

India is the world’s fourth-largest auto market, but its previous attempts to boost the private electric-car ownership flopped. According to Bloomberg NEF reports, in March the government has likely scaled back because it fears to disrupt an industry that contributes about 7 percent of the total gross domestic product. Also according to BNEF data, the number of electric cars plying Indian roads is a paltry 6,000 unlike the estimated 1.35 million EVs cruising around China. Chinese automakers sell more than that in three days.

India’s largest automaker, Maruti Suzuki India Ltd., won’t sell their first EV until 2020.

Prime Minister Narendra Modi’s administration is now pivoting towards promoting the  EVs in public transportation and fleet operations – primarily, two- and three-wheelers, taxis and buses. The Ministry of Finance is also finalizing a plan to spend nearly  40 billion rupees ($600 million) in the next five years to improve the nation’s charging infrastructure and subsidize e-buses.

Amitabh Kant, chief executive of NITI Aayog said, “India needs to focus on electrifying two-wheelers and three-wheelers’’. NITI  Aayog is a government policy institute helping formulate the new strategy.

Outside an east Delhi metro station, a few open-air vehicles line the street as commuters hail their rides. They also carry tourists, schoolchildren, crates of fruit and the occasional goat.

Anil Chaudhary, 32, switched to an e-rickshaw from a cycle model two years ago. His income has increased and also he’s able to take longer breaks. He sends money to his wife and three children in Bihar, about 700 miles away. He’s already on his second electric model.

“Two months ago, I called my brother from the village and gave him my old e-rickshaw so that he could drive it,’’ he said as a goat strolled past.

“I’ve bought this new one,” he said, gesturing toward a glossy, red vehicle adorned with paper flowers and an Indian flag.

According to the World Health Organization, the e-ricks have an ameliorative effect making the air toxic in India that are home to 10 of the world’s most polluted cities.

A total of 635,698 three-wheel vehicles were sold during the fiscal year at the end of March – a 24 percent increase from a year earlier, according to the Society of Indian Automobile Manufacturers. By comparison, about 3.3 million passenger cars were sold, mostly all powered by gasoline or diesel.

One obstacle to the potential growth of EVs is the lack of charging and battery-swapping stations nationwide. India had about 425 publicly available charging points at the end of last year. The BNEF reports claim that by 2022, government and private efforts are expected to boost that to an estimated 2,800 charging points.

Instead of waiting, some companies are starting to build their own infrastructure. SmartE partnered with Delhi Metro Rail Corp. to provide charging near 10 stations, with plans to expand throughout the 214-station system by the end of 2020.

Another obstacle is the lack of bank financing for the traditional rickshaw drivers, who generally earn low incomes, said Shishir Agrawal, managing director of Shigan eVoltz Ltd.

If the financing issue is resolved the production could go up resulting in producing 1,000 vehicles a month  The potential market for e-rickshaws could be sales of 20 million vehicles a year, he said.

Also, Agrawal adds that “If the subsidies get better, and easy financing options become available, this market is unstoppable,”

[fantasticgardenerwombat]

What are the best Lithium Batteries in India, 2022?

With the changing times, several things have changed. Even the world of batteries weren’t left behind. The batteries that we use too saw a number of changes in the past few decades. One such change was the introduction of lithium batteries. But are these lithium batteries worth it? Who is the best lithium ion battery for inverter manufacturer? If so, what are the best lithium batteries in India that you can opt for? Which ones are the best ones in 2022?

Well, first of all, let’s see why a lithium battery is a good option for you-

1. Power backup solution (inverter battery for offices, shops, medical clinic, farmhouse, etc.)

2. Electric Vehicles – Covert old scooter/bike to electric or plan to make new e-vehicles

3. DIY Projects – hydroponic farming, street shops, agricultural activities

4. Street Light – a college campus, ruler areas lights, etc.

5. Science Projects – school projects

Now, let’s have a glance at the best lithium battery manufacturers in India-

For more watch our youtube channel:

Top 10 Lithium Battery Manufacturer in India 2022

You must already be aware of the basics of lithium batteries on the internet, so skipping this part here are the best lithium battery manufacturers in India after researching online and offline market surveys based on retail consumer brands which have retail outlets in the local market:

Loom Solar – Energy Storage

Loom Solar is Haryana based Lithium Battery, a solar panel manufacturer that makes high-efficiency solar panels. Loom Solar also becomes the first lithium battery manufacturer to offer 6Ah to 100Ah with a reasonable lithium-ion battery price range in the consumer segment through retail channels and online marketplaces. With this B2C venture, the customer has the advantage to use for home applications, inverters, Electric vehicles, DIY, and science project.

Reliance – EV

Reliance New Energy Solar has bought Faradion, a UK start-up developing sodium-ion batteries. The Indian business investing in Faradion to speed up the commercialization of batteries for electric vehicles. Reliance will benefit both in renewable power storage as well as vehicles.

Mahindra – EV

Mahindra is a car manufacturer expanding aggressively into EVs. The company along with Hyundai and Reliance recently submitted bids under India’s battery scheme. They also launched the country’s first lithium-ion battery rechargeable powered auto-rickshaw, e –rickshaw, and cargo version.

Hyundai – EV

Hyundai one of the leading car companies in India has launched a premium electric vehicle, Kona. The company has partnered with a quantum computer firm, IonQ for battery development. They focus on improving the durability, capacity, the safety of lithium batteries used in cars.

Ola- EV

Ola was one of the ten Indian Companies to apply for the PLI scheme for battery manufacturing. Ola was one of the first few shared cab services to fray into electric feet. Back in 2017 Softbank through its company, Ola put a plan to run 1 million electric vehicles in India. They pledge to build the world's biggest electric scooter factory.

Amarraja (Amaron) – EV

Amazon is a powerful brand of the Amara Raja Group. It is a manufacturer of lead-acid batteries for both industrial and automotive applications of Indian storage batteries. It is also planning to make for a Giga factory to produce batteries for electric vehicles.

Exide – EV

Exide Industries is India’s largest selling battery company. They plan to participate in the PLI Scheme for the national program on ACC battery storage and it recently forayed into lithium-ion cell manufacturing.

Panasonic – Telecom

Panasonic offers a wide range of lithium-ion batteries used in small devices, backup batteries for emergencies, etc. It comes with long-term reliability suitable for outdoor devices in a wide temperature range. Panasonic batteries are thinner and lighter used in notebooks, computers, mobile phones.

LG – Telecom

The Korean giant is the No.1 lithium-ion battery manufacturer by capacity globally. The company is making strong lithium battery manufacturing and setting up a large manufacturing capacity worldwide.

Samsung – Telecom

Samsung is Korean based manufacturing company Samsung SDI has been struggling to improve the quality of products and ensure stability since they started the lithium-ion rechargeable battery business in 2000. E so they could lead small size marketplace.

Conclusion

In this article, we have explained lithium battery brands and their latest lithium products for you. Lithium battery is now also being used in military and aerospace applications. One can also use lithium batteries in electric vehicles, solar panels, inverters, chargers, electric tools, medical equipment, etc.

They can buy lithium batteries online at the most trusted lithium battery shopping website: www.loomsolar.com.

Loom Solar is the one-stop solution for lithium batteries where lithium consumers can buy lithium batteries, solar panels, inverter batteries, and balancing systems from anywhere in India as well as other countries, such as the USA, Bangladesh, Dubai, Canada, UAE, and more. We are delivering lithium and solar products across India including ruler areas within 3 to 7 days with proper safety at your home. Loom Solar provides lifetime investment products without analyzing better lithium performance, benefits, capacity, etc.

[twnenglish]

Success Story Behind Bhavish Agarwal's Ola Cabs

While most of us aspire to possess swanky cars with hip chauffeurs, have a look at this Indian businessman who charmed millions of people by creating the finest online "Book A Ride" service. People no longer had to endure crowded buses or rickshaws thanks to the brains behind one such "e-commerce" enterprise.

Bhavish Agarwal is an Indian entrepreneur and co-founder of "Ola Cabs," was born on August 28, 1985, in Ludhiana, Punjab. He later earned a bachelor's degree in Computer Science and Engineering from IIT Bombay in 2008. He presently resides in Bangalore. In addition to working nonstop, he likes squash, cycling, and running a photography blog, which demonstrates how much he values photography. His favorite book is "Steve Jobs: A Biography."

Bhavish Agarwal, a computer-skilled blogger at Desitech, created his own blog. 2008 to 2009. Desitech, In is dedicated to covering Indian start-ups, events, and other tech-geek-related topics. While he was already climbing the success ladder, he launched his career with a bang by accepting a position as a research intern with the high remediation firm "Microsoft Research" and afterward getting reinstated as an assistant researcher for two years from 2008 to 2010. He simultaneously filed for two patents and had three articles published in internal publications. In 2010, Bhavish rebranded his prior business and quit his job to create the online rental taxi service empire known as "OLA CABS."

Bhavish went through a difficult time when his business was first starting out; he once answered customer calls and transported a client to the airport.

Success Story Behind Bhavish Agarwal's Ola Cabs

We don't need to introduce Ola. Ola, the first Indian cab aggregator business, has made using cab services simple. Ola, formerly known as OlaCabs and currently owned by ANI Technologies Pvt. Ltd., was established in December 2010 by two IIT Bombay alumni. Since it was one of the first cab firms in India, Ola has done a great job of bridging the gap between commuters and cab owners! Co-founder of Ola Cabs and Ola Electric and an entrepreneur from India named Bhavish Aggarwal. Aggarwal was listed among Time magazine's 2018 list of the 100 Most Influential People.

Story of Ola founder Bhavish Aggarwal

The creator of Ola, Bhavish Aggarwal, graduated with a B.Tech. in computer science from IIT Bombay in 2008. Bhavish, the proprietor of Ola Cabs, worked for Microsoft Research in Bangalore for his first two years following graduation. He filed two patent applications and three research publications for publication in foreign journals while he was employed by Microsoft.

While pursuing his entrepreneurial ambition, he established an online company to promote short-term trips and excursions, which he eventually rebranded as Ola Cabs. Bhavish Aggarwal is the co-founder and CEO of Ola. The owner of OLA, Bhavish Aggarwal, was born on August 28, 1985, and according to statistics from 2019, his personal net worth was estimated to be over $350 million. By September 2021, Bhavish's fortune had increased to Rs 7500 crore ($958.43 million).

His inclusion on the list of the 40 richest persons in India, which is headed by Divyank Turakhia and included Sachin and Binny Bansal, Neha Narkhede, Nakul Aggarwal, and Ritesh Arora and has a net worth of Rs 12,500, was made possible by this.

Ola's CEO, Bhavish Aggarwal, is allegedly aiming to concentrate more on the business's upcoming and new projects while moving away from the day-to-day operations of Ola's core operations. Arun GR, who joined Ola in 2021 from Vedanta Resources and previously held the positions of Chief Financial Officer (CFO) of Ola Electric and Ola Financial Services, will be in charge of the business's everyday operations, according to an internal organizational letter.

Bhavish claims that he would keep heading up Ola's team building, product development, engineering responsibilities, two-wheeler and car projects, quick commerce verticals, global growth, and other activities.

Bhavish Aggarwal's net worth

Aggarwal has a net worth of 11700 crores as of 2022. His company, Ola, is worth $6.5 billion. He is a young man and one of India's newest billionaires. He loves an opulent way of life with all the amenities that come with excessive wealth. He has multiple expensive cars, including a Mercedes S600, a Bugatti Veyron, and a Rolls Royce Phantom.

Ankit Bhati - co-founder of ola

Ankit Bhati is a co-founder and the Chief Technology Officer (CTO) of Ola Cabs. He and Bhavish Aggarwal co-founded Ola in 2010. Additionally, he helped create ANI Technologies. There have been speculations that Ankit Bhati and Bhavish Aggarwal, the firm's founder, had serious differences that led to their split from the ridesharing company last year. However, his contribution to the company extends much beyond these assumptions.

Read This Full ARTICLE, Click Here

[freddiemark]

Ola IPO coming soon ?

Introduction:

ANI Technologies Private Limited also referred to commonly as ‘Ola’, together with subsidiaries is a leading technology service provider in the emerging cab hailing market, established with the mission of providing mobility to millions of Indians. Based in Bengaluru, Karnataka, ANI is one of the leading countries providing internet and mobile technology platforms for cab hailing by commuters.

Ola is today, one of world’s largest ride hailing companies with its imprint spread across 250+ cities across multiple countries India, Australia, New Zealand & the UK.

Ola offers a wide range of ride sharing options through taxis, bikes and autos. The Ola app connects clients to drivers driving a variety of vehicles, including motorcycles, auto-rickshaws, metered taxis and cabs enabling hundreds of millions of customers and over 1.5 million drivers and partners to enjoy convenience and transparency. Ola earns the majority of revenue as commission income & convenience fees which it charges from the drivers who onboard on the ola platforms. In F.Y21, over 1.5 Mn drivers. Ola has set up its R&D centers in the United Kingdom (U.K). The center is operated by technical and engineering teams with product application and development expertise. Ola Electric has also announced another R&D facility for a sum of 100 Mn$ in the UK.

OLA Cabs Business Model:

Ola has diversified its business model into 6 segments:

Ola Fleet Technologies Private Limited: Ola Fleet Technologies is in the business of providing cars primarily on operating leases.

Pisces eServices Private Limited: Also known as FoodPanda, it is an aggregator of restaurants and customers on an e-commerce platform and also provides other related services in India.

Ola Financial Services Private Limited: OFS have been authorized by the Reserve Bank of India for issuing and operating a semi-closed prepaid payment system under the Payments and Settlement act 2007. OFS is providing a technology platform that ensures cashless, hassle free, safe and secure payments.

Ola Electric Mobility Private Limited: OEM is engaged in the business of providing services across electric vehicles value chain by building infrastructure for facilitating the electric vehicle ecosystem and is also involved in providing a platform for technological services in the physical and electronic format to facilitate transaction between businesses, individual consumers and businesses and consumers.

Ola Skilling Private Limited: Ola Skilling is engaged in the business with focus areas that will span the entire driver training value chain which will help inculcate overall value development in drivers. It helps create training infrastructure, mobilize drivers, create and deliver training content, programs and educate drivers.

Ola Singapore Private Limited: Ola Singapore is a wholly- owned subsidiary of the company. OIa Singapore is formed in the nature of a holding company that under its subsidiaries provides cab services.

Ola Shares IPO:

Ola had announced its decision to launch Ola IPO in 2022 but it further delayed its plans due to the funding winter affecting start-up funding at large as well as the return of pandemic. Ola is expected to list itself in 2023.

Ola Cabs Share Price: 

Ola Share Price isn’t available since Ola isn’t listed on neither the National Stock Exchange (NSE) nor Bombay Stock Exchange (BSE), hence it doesn’t have a share price available for trading.

Ola Unlisted Share:

Ola Unlisted Shares are available on Planify site. Investors have a golden opportunity to gain by investing in unlisted shares of Ola and earn exponential returns in future. It will provide investors with a chance to become an integral part of the growth journey of the company.

Ola Pre-IPO Shares: 

Ola Pre-IPO shares are available on Planify for Rs. 22,635/- per share. Investors can gain first mover advantage by investing in Ola Pre-IPO shares and gain exponential returns.

Ola Cabs Merger and Acquisition: 

Merger: 

Bird Eye System Private Limited develops intelligent traffic monitoring solutions. The company’s products enable users to see real time traffic conditions via the web or mobile devices.

Acquisition:

Pisces eServices Private Limited: Commonly known as FoodPanda, it provides online delivery services of food items from a variety of restaurants.

Ridlr: Ridlr is a public transport ticketing and commuting app that’s apt for daily intra-city travel needs.

Investments:

Vogo Automotive Private Limited (Vogo): Ola has a 14.29% investment stake in the company in Vogo Automotive Private Limited (Vogo) which is engaged in the business of plying vehicles on hire and self drive modes.

Ola Cabs Products and Services:

Ola Drive: The service caters to the car rental demand of the customer by providing vehicles on a rental basis. The company provides pickup facilities along with insurance covers.

Ola Fleet: Ola Fleet consists of numerous ride hailing options, ranging from bikes, cars and 3 wheelers. The ride hailing facilities provide travel options for both Intra city as well as Inter city.

Ola Money: Ola has its own Mobile Wallets- Ola Money, that allows the deduction of ride charging directly from Ola Money account on availing Ola Services.

Ola Foods: Through Ola Foods, Ola caters to the food delivery markets.