sekar nallalu Cryptocurrency,Markets,Unicorns Ola Electric’s Share Price Soars 92% to Rs 146 Amid Positive HSBC Rating  

Ola Electric’s Share Price Soars 92% to Rs 146 Amid Positive HSBC Rating  

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The brokerage firm highlighted that with 49 per cent market share in the June quarter, Ola has an advantage. The domestic production of batteries is also something that will differentiate it from other companies, as per the brokerage firm. However, factors such as unprecedented regulatory approvals, slow pace of EV adoption in India, increasing competition in the EV market are some factors that might act against it.  

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