Ola Electric Cuts Costs By Rs 90 Cr/Month

New Delhi: Ola Electric on Wednesday said it has successfully completed a company-wide initiative to reduce cost and improve customer experience.

The company has successfully implemented Network Transformation and Opex Reduction programme, a company-wide initiative launched in November 2024, Ola Electric Mobility said in a statement.

The initiative has delivered a sustainable cost reduction of Rs90 crore per month, it added. As a result, Ola Electric expects to achieve automotive segment EBITDA breakeven for the next quarter (Q1 FY 26), with the financial impact of these initiatives beginning to fully reflect from April 2025, the company said.

The programme encompassed distribution network transformation projects like shutting all regional warehouses and shipping vehicles, spare parts and accessories from the factory directly to stores, automating registration and other processes, and productivity improvements in the sales and service network.