Menu

Categories:

We participate in marketing programs, our editorial content is not influenced by any commissions. To find out more, please visit our Term and Conditions page.

Menu

Categories:

We participate in marketing programs, our editorial content is not influenced by any commissions. To find out more, please visit our Term and Conditions page.

Tesla on two wheels? India’s Ola Electric feels the strains of success  | Reuters News Agency

Share This Post

AutomotiveBusiness & Finance

Reuters reported that Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can’t keep up, though. Aggarwal’s Ola Electric, which he likens to Tesla in the West, is zipping towards a stock-market listing after going from zero to 338,000 e-scooter sales in about two years. The tech entrepreneur vows to banish the internal combustion engine (ICE) from India, where two-wheel vehicles rule the roads. 

Market Impact

Two years since Ola’s first e-scooter rolled off the line, the startup has established itself as the leader in India’s two-wheeler EV market, with about a third of sales by volume. It has attracted marquee investors including Japan’s SoftBank (9984.T) and Singapore’s Temasek and is gearing up for a $700 million Indian IPO. 

Article Tags

Topics of Interest: AutomotiveBusiness & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Asia

Countries: India

Win Types: Impact (Long Term)

Story Types: Special Report / Insight

Media Types: Text

Customer Impact: Significant National Story

Source link

spot_img

Related Posts

Gioca a Plinko per soldi 2023

ContentGunsBet: Il casinò che paga a PIX con il...

Plinko 1000x scopri il gioco e prova a vincere alla grande

ContentApp mobile Plinko Casino Game – Gioca su smartphone...

Resultados Jogo Bicho Federal das 19 horas

ContentResultado da Federal do Jogo do Bicho de hoje...

BingBong Test: 91% Bewertung = sicher & seriös

ContentWichtige Faktoren für die Auswahl und Nutzung von Online...

Jogar Fortune Tiger Demo Gratis PG Soft

ContentSpin Casino – Melhor site para jogar Fortune Tiger...

Vasy Casino Review ᐈ 100% bis zu $200 Anmeldebonus

ContentVasy Casino Erfahrungen im Vergleich mit anderen CasinosVasy Casino...
- Advertisement -spot_img