India has slashed import duties on fully built electric vehicles (EVs) to 15%, down from the previous 70-100%, in a bid to attract global manufacturers like Tesla.
To qualify for the reduced tariff, companies must commit at least $500 million in inv
Built Ola when Uber already existed
Built Ola electric when Ather already existed
Building Krutrim when ChatGPT, Claude, Mistral already exist.
What's your take on this comment?
Well if you compare OLA electric with other EV brands like Ather, then it's leading the market. Comparing OLA with Hero or Indusind bank doesn't make sense since they operate in different genre.
We need an Ather for every Ola. Happy for the founders.
3 replies4 likes
Mahendra Lochhab
Stealth • 1m
Ola Electric has the largest market share in India's electric two-wheeler (E2W) market. In 2023-24, Ola's market share was 35%, and in the first quarter of 2024-25, it was 49%.
Interesting One :
• Bhavish Aggarwal, CEO of Ola Electric, called MapMyIndia's legal notice "opportunistic."
• MapMyIndia says Ola Electric misused its mapping data for the Ola Maps platform and broke their licensing agreement.
• Aggarwal stated t
In Bangalore, engineer Tarun Mehta co-founded Ather Energy to revolutionize electric mobility. Overcoming skepticism, they launched the Ather 450 in 2018, India's first smart electric scooter. Facing challenges of manufacturing and scalability, Tarun
