Summary HSBC Global Research has initiated coverage on Ola Electric Mobility Ltd., assigning a 'buy' rating with a target price of Rs 140, which implies a 26.2% upside potential. The recommendation is based on Ola Electric's competitive pricing against petrol scooters and its promising battery venture. Despite current high production costs for electric scooters and potential challenges with battery manufacturing, HSBC believes that improvements in cost efficiency and growing consumer awareness will drive EV adoption. The report also notes increasing acceptance of…