#ev stocks

[gazetteweekly]

Ola Electric IPO: Prices Set at Rs 72-76 Per Share, Aiming to Raise Over Rs 6,100 Crore

Ola Electric Mobility Limited, the Bengaluru-based electric vehicle (EV) manufacturer, has announced the price band for its upcoming initial public offering (IPO). The shares will be offered at a price range of Rs 72–76 each, with the IPO set to open for subscription on August 2 and close on August 6. Investors can bid for a minimum of 197 shares and in multiples of 197 shares thereafter.

IPO Details

. Price Band: Rs 72–76 per share

. IPO Opening Date: August 2

. IPO Closing Date: August 6

. Minimum Bid: 197 shares

At the upper end of the price band, Ola Electric aims to raise Rs 6,145 crore, while the lower end targets Rs 6,111 crore. The IPO will consist of a fresh issue of up to Rs 5,500 crore and an offer for sale (OFS) of up to 8.49 crore shares worth Rs 645 crore. There is also a reservation for eligible employees.

Use of Proceeds

According to Bhavish Aggarwal, Chairman and Managing Director of Ola Electric, the proceeds from the fresh issue will be allocated as follows:

Rs 1,227.6 crore for capital expenditure by subsidiary OCT

Rs 800 crore for repayment or pre-payment of debt

Rs 1,600 crore for research and product development

Rs 350 crore for organic growth initiatives and general corporate purposes

Company Overview

Ola Electric specializes in manufacturing electric vehicles and core EV components, including battery packs, motors, and vehicle frames, at its Ola Futurefactory. The company aims to capitalize on the growing trend of EV adoption in India and plans to expand into select international markets.

Since delivering its first model, the Ola S1 Pro, in December 2021, Ola Electric has quickly become a leading electric two-wheeler (E2W) brand in India. The company has also introduced additional models, including the Ola S1, Ola S1 Air, and Ola S1 X+.

Future Plans

Ola Electric’s vertically integrated business model includes in-house R&D, manufacturing, supply chain management, and a direct-to-consumer (D2C) omnichannel distribution platform. The company plans to use its Generation 2 platform, initially developed for the Ola S1 scooter, for a new motorcycle range featuring four models: Diamondhead, Adventure, Roadster, and Cruiser.

The company’s facilities include a Futurefactory, Gigafactory, and a Battery Innovation Centre in Bengaluru, with ongoing construction of an EV hub in Tamil Nadu’s Krishnagiri and Dharmapuri districts.

As Ola Electric prepares for its IPO, the company’s focus on innovation and expansion continues to position it as a key player in the EV industry.

[kilowattjournal]

Top Electronic Vehicle Stocks to Invest In

Looking to invest in the booming electric vehicle market? Discover the top electronic vehicle stocks to invest in for substantial growth potential. Companies like Tesla, NIO, and Rivian are leading the charge with innovative technologies and expanding market share. These stocks offer opportunities for investors seeking to capitalize on the shift towards sustainable transportation. Stay ahead of the curve by exploring the best EV stocks for your portfolio.

[evstocks]

How to Start SIP in EV Stocks [Quick Guide]

Ever wondered how to strategically invest in the future of electric vehicles? If so, dive into our quick guide on starting SIP in EV stocks.

As the world accelerates towards a greener future, the electric vehicle (EV) industry emerges not just as a technological breakthrough but as a lucrative avenue for investors.

Uncover the secrets of sustainable wealth through strategic investing using the proven compound growth formula. This accessible approach empowers you to navigate the dynamic world of electric vehicle stocks with confidence and informed decision-making."

In the ever-evolving realm of investments, the surge of electric vehicles (EVs) has ignited a paradigm shift. As the automotive landscape transforms, savvy investors are eyeing the potential of EV stocks.

This quick guide unveils the steps to seamlessly integrate SIP into your investment strategy.

What is SIP?

SIP, in nothing but the Systematic Investment Plan, is a method commonly linked with mutual funds, enabling investors to regularly invest a fixed sum. When applied to the dynamic electric vehicle market, SIP becomes a disciplined strategy for navigating volatility. This approach involves consistent contributions at scheduled intervals, typically monthly, allowing investors to accumulate units of chosen investments, offering a structured way to tap into the thriving EV sector while managing risk through periodic investments.

What Are the Benefits of SIP Investment:

- Rupee Cost Averaging: By engaging in SIP, you can purchase more units during market downturns and fewer units during upswings, reducing the effects of market volatility. - Disciplined Investing: By investing a fixed sum regularly, SIP instills financial discipline, overcoming the temptation to time the market. - Long-Term Wealth Creation: SIP's compounding effect over time can contribute significantly to long-term wealth creation.

How to Start SIP in EV Stocks?

Scroll down; here are some steps to start SIP in Electric Vehicles Stocks.

Step 1: Research and Stock Selection

Start your SIP journey by researching and selecting the EV stocks you wish to incorporate. Evaluate aspects like the company's financial stability, growth potential, and standing in the EV sector.

Step 2: Determine Investment Amount

Decide on the amount you want to invest in EV stocks through SIP. This could be a sum you are comfortable investing regularly, such as on a monthly basis.

Step 3: Choose a Time Frame

Determine the duration for which you want to continue the SIP. Whether it's a short-term goal or a long-term wealth creation plan, having a clear time frame is crucial.

Step 4: Open a Trading Account

If you don't have a trading account, open one with a reliable brokerage. Ensure that the brokerage allows you to invest in individual stocks and set up SIP.

Step 5: Initiate SIP

With your stock selections and investment amount in mind, initiate the SIP. This involves purchasing a fixed amount of your chosen EV stocks at regular intervals. Most brokerages offer automated SIP options.

Step 6: Monitor and Adjust

Consistently observe your chosen stocks and the broader market. Be ready to modify your investment approach according to evolving market conditions or your financial objectives.

Step 7: Diversify if Possible

Consider diversifying your SIP across multiple EV stocks. Diversification helps spread risk and can enhance the potential for returns.

What are the Risk Management and Considerations?

- Inherent Risks of Stock Investing: Understand that investing in stocks, even though SIP, carries inherent risks. Stock prices can be volatile, and past performance is not indicative of future results.

- Thorough Research is Key: Before initiating SIP, conduct thorough research on the selected EV stocks. Evaluate the company's financial health, competitive positioning, and broader market conditions.

- Seek Professional Advice if Necessary: If you are new to stock investing or unsure about your choices, consider seeking advice from a financial advisor. Their insights can provide valuable guidance tailored to your financial goals and risk tolerance.

Closure

Starting SIP in EV stocks is not just a financial decision; it's a strategic investment in the future of transportation.

As electric vehicles reshape the automotive industry, systematic investment positions you for growth.

Understanding SIP nuances, thorough research, and staying informed empower you to navigate the EV investment landscape, contributing to financial goals and sustainable mobility evolution.

[christmasxmas]

[roseofhybrids]

Something came to mind earlier while thinking about what kind of Christmas shopping I should do this year

did you guys truly believe in Santa / when did someone tell you he wasn't real / when you were told, did it come as a shock?

because personally, I was never directly told he wasn't. (I mean, people say he isn't in movies all the time, but there's also a lot of movies where they say he isn't when in fact he is actually real in that universe and the people who said he wasn't real get proved wrong. So like the idea was there, but no one ever looked at me and said he was fake)

but at the same time, I'm not sure that I ever believed he was real in the first place. I can't think of a time when I ever truly bought into the idea that him and all the other holiday mascots were actual living, breathing things. And didn't treat it like a giant game of pretend that everyone is in on (which I mean, that is pretty much what it is) So whenever an adult explained some Santa Claus lore, I just viewed it as being part of the game. How does Santa get inside when there's no chimney? Oh, well, he shrinks down and comes in through the pipes (which pipes? No idea, the adult that told me that didn't elaborate). Sure why not, this is make believe after all, might as well go along with that

so I guess I'm just curious to hear if any of you were convinced that he was real when you were younger and how things went finding out he wasn't

[slaughter-books]

Day 18: JOMPBPC: Witches

Everyone said The Graces were witches...

[mylifeiscomics]

Part 44 - College AU Happy Christmas Eve!! Sorry, I won't post till after Christmas now but please enjoy this little Christmas Eve treat.

Read the first 4 chapters here

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@deardiary17 @mizzingyou @i-belong-in-a-retirement-home @kittenwhodidntwanttogiveup @septic-dr-schneep @queenlovett @theoncomingdoo-dah @thethickofitt If anyone else wants to be tagged because I update pretty irregularly let me know.

[victorcarothers2]

[lacnunga]

In the wake of the IA situation, I've seen a lot more posts circulating about using your local library and I just. Sigh

[fallingforchristmasworld]

[incorrect-hs-quotes]

Sollux: what iif ii put a piipebomb iin your twelfth periigee2 eve 2tocking

Equius: D-> Do you think I don't know the e%act circumference and weight of a pipe bomb

Karkat: WELL, DO YOU?

Equius: D-> No. I would e%plode

[christmasxmas]

[thewhimsyturtle]

New Christmas strategy: I’m going to wait for Santa Tort right here next to my stocking! 🎄🧦🫚🍪👨‍🍳🐢🦕🎅😴🕛

[victorcarothers2]

[starrysilv3rse]

Trickle street!!!!!!!

take THREE

[creamwolvess]

Same vibe type shit but lesbians.