Get out of all petrol two-wheeler stocks… they are heading for a disruption… and they are not ready for that at all. What they have on offer is half the range of its competition yet priced 40% more than its competition.
By July 2023 the sale of Ola, Okinawa & Ampere could equal that of its petrol rivals as they are growing at almost 4,000% YoY!!!
Well the game just got started… there is going to be more… like Oppo, Vivo, Realme, Xiaomi all lined up to enter the electric 2 wheeler space. They are shifting from low-profitable business of smartphones to electric 2 wheelers. Amazon too is considering an eVehicle. Wherever amazon goes it brings losses to its rivals.
The entry barrier for…
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