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12 August 2024

Daily Newsletter

12 August 2024

India’s Ola Electric gets boost from EV optimism

Plans to make its first electric car by the end of 2024

Dani Cole August 09 2024

Ola Electric Mobility saw shares surge 20% on their trading debut this week.

It cames as investors bet on the future of EV adoption.

The firm was valued at US$4.8bn and its $734m IPO was India's biggest so far in 2024.

The company is the leading player in a country where adoption of EVs is still low, Reuters reported, however prime minister Narendra Modi's government is currently promoting clean energy.

While the firm currently produces two wheel electric scooters, it has plans to make its first electric car by the end of 2024, tipped to launch in the UK by 2025.

It was said to have a 310 mile range to take on Tesla’s Model 3.

Overview of Autonomous Driving Systems Market

GlobalData's latest report delivers an in-depth analysis of the global autonomous driving systems market, including actual volumes from 2019 to 2029 and volume growth projections from 2024 to 2029. Per our analysis, the global volume of AV computer system hardware is estimated at 21.6 million units in 2024 and is expected to register a CAGR of 9.7% over the forecast period.​

Buy report

Overview of Autonomous Driving Systems Market

GlobalData's latest report delivers an in-depth analysis of the global autonomous driving systems market, including actual volumes from 2019 to 2029 and volume growth projections from 2024 to 2029. Per our analysis, the global volume of AV computer system hardware is estimated at 21.6 million units in 2024 and is expected to register a CAGR of 9.7% over the forecast period.​

Buy report

Overview of Autonomous Driving Systems Market

GlobalData's latest report delivers an in-depth analysis of the global autonomous driving systems market, including actual volumes from 2019 to 2029 and volume growth projections from 2024 to 2029. Per our analysis, the global volume of AV computer system hardware is estimated at 21.6 million units in 2024 and is expected to register a CAGR of 9.7% over the forecast period.​

Buy report

Overview of Autonomous Driving Systems Market

GlobalData's latest report delivers an in-depth analysis of the global autonomous driving systems market, including actual volumes from 2019 to 2029 and volume growth projections from 2024 to 2029. Per our analysis, the global volume of AV computer system hardware is estimated at 21.6 million units in 2024 and is expected to register a CAGR of 9.7% over the forecast period.​

Buy report

Overview of Autonomous Driving Systems Market

GlobalData's latest report delivers an in-depth analysis of the global autonomous driving systems market, including actual volumes from 2019 to 2029 and volume growth projections from 2024 to 2029. Per our analysis, the global volume of AV computer system hardware is estimated at 21.6 million units in 2024 and is expected to register a CAGR of 9.7% over the forecast period.​

Buy report

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