Bengaluru: Agarwal Bhavish seems to be a rushed man.
Because Ola got her traditional taxi business back after Covid’s challenge, Aggarwal now asked for the elimination of all two-wheeled gasoline vehicles in 2025 as his company – supported by Masayoshi Son of Softbank – making a traditional two-wheel market struggle with the price of aggressive entries RS 99,999.
It’s not just about burning cash like most startups, he insisted, and added that his company intended to generate profits, even if it wasn’t from day 1.
Asked about plans to enter the electric car market, Ola Co-founder said, “We Will’s go inside The next two years.
I will discuss the details when we get closer to the project.
“Aggarwal is 35 years old, whose company takes old guards and heavy-classes such as Honda, Heroes of Moto, Bajaj Auto, TVS, and new ones such as Ather and Hero Electric, said the price was getting lower and defeated the gasoline models in states such as Delhi, Gujarat, Maharashtra and Rajasthan with favorable country subsidies for green and sweeteners such as zero registration allegations.
“Petellings (current two-wheeled companies) must reject gasoline.
Consumers have refused,” said Aggarwal to Ti when he described the aggressive strategy for his company which had established a Mega factory in Tamil Nadu, which has an annual capacity of a million units, and plans to mate this Up to 10 million of these units (more than the motto of the market leader’s hero) for the next two years or more.
Aggarwal mine without words as he wants “only leadership” for young but ambitious manufacturing businesses, and said that Indian companies can lead globally in green vehicles and their manufacturing.
Ola Electric, Aggarwal car manufacturing company, plans to export vehicles to ASEAN countries, Latin America, Africa and even Europe.
His first vehicle, S1 scooter, gave a range of 181 km and can accelerate from 0-40 km in three seconds at a top speed of 115 kmpj.
It collects 50% in 18 minutes with a fast charger, while at home it takes six hours (for full costs) on a standard charger.
Booking has become a “few lakh” unit, and shipping will start October.
Asked whether it was ‘old versus new’ on the two-wheeled market, Aggarwal said it didn’t happen.
“I have many things for leaders today, including Mother’s Mother’s Heroes.
I don’t think it’s like old versus new …
It’s about being committed to this electricity future.
We are fully committed to (and) also calling for petting to refuse gasoline and fully committed to electricity.
If they do that, and if we do our work well, then I think in 2025, we can make Indian free market gasoline in twowheelers …
we can lead the world and make Indian global hubs for Electricity.
“” We will be the most profitable company at the right time, “said Aggarwal.
“Time will answer.
This is the time for investment, and I put my money as equity.
I want to ask petting how much money they invest?” Backing by Softbank brings the cap aggression and even burn cash to capture the market.
However, Aggarwal’s new business has a challenge.
Not much is known about filling infrastructure, and physical retail points and service centers will not be abundant to start, while product quality and resilience remain have not been tested.