“If you are in a disruptive industry, businesses don’t scale in a linear way. There comes a moment when you have the right product at the right price point with the right value proposition."
The electric vehicles manufacturer will utilise the fundings to accelerate its development of other vehicle platforms such as electric motorbikes, mass-market scooters and electric cars.
Elon Musk's Tesla will imminently have a new competitor in India. Ola, a name synonymous in India with mobility, will be rolling out its electric car by 2023.
Ola's 35-year-old Chairman and Group CEO Bhavish Aggarwal has set his eyes on his next big bet. He wants to fly into the future, quite literally.
This is the best scooter ever made, and not just the best e-scooter, Ola's chairman and group CEO Bhavish Aggarwal said.
Ola Electric has plans for a mega facility that will make one e-scooter every two seconds. But before Ola conquers the world, it has to contend with local rivals and India’s anaemic EV sales.
In the first episode of the fortnightly show ‘Biz Buzz’, with Hero Electric’s MD Naveen Munjal as our special guest, we discuss the likely disruption in India’s e-scooter space, and the way forward.
