In the ever-evolving landscape of electric mobility, Ola Electric stands at a fascinating crossroads—a company with a bold vision, a volatile stock chart, and a growing chorus of retail investors who believe it’s a sleeping giant.
Let’s unpack why this view, while contrarian, might not be as far-fetched as it seems:
The Indian two-wheeler market has witnessed a significant shift in recent years, with petrol scooters experiencing a notable decline in sales especially in November-December 2024.
This trend is indicative of a broader movement towards sustainable and eco-friendly transportation solutions; signalling the end of the petrol (ICE) age in India.
Ola has a lot of plus on its side and just 1 minus point on its side.
The only minus point is its SOFTWARE GLITCHES on the VCU and Touch Screen. Ola is not the only company to suffer from it. Ather also has this problem.
Let us understand this problem thoroughly.
Software glitches on the VCU & Touchscreen is not just an Ola Electric or Ather problem… its quite common in a lot of vehicles with touchscreen. VCU is used with SIM Card to capture customer data. Ather started this stupid idea of capturing customer data… Ola blindly followed it. No other vehicle in India or any other country captures scooter user data… it is used only in premium vehicles.. not in poor man’s mode of travel.
But since Ather’s customers are premium customers from the higher middle class they either have a 2nd scooter or vehicle at home and are not as desperate as the Ola Electric Customer.
The guy who set fire to the Ola Showroom was depending upon the Ola Scooter to run errands and…