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ā¢ Ola Electric's net loss nearly doubled to Rs 1,472 crore in FY23, from Rs 784.1 crore in the previous fiscal year.
ā¢ The company aims to go public by early 2024 and is targeting an EBITDA profitability of Rs 803 crore in FY25.
ā¢ Ola Electric recently received funding of Rs 3,200 crore for expansion and setting up India's first lithium-ion cell manufacturing facility.