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.
STOP PRESS… Ola Electric is now available with Portable Batteries for only Rs 39,999/- (US $ 475)…QUITE UNBELIEVABLE THAT INDIA IS LEADING THE 2WHEELER EV REVOLUTION!!! … Ather is now truly buried!
This is the first time a branded EV company is launching an eScooter in…
There is so much negativity about Ola Electric IPO! So much so that it is nauseating. It also seems Google & YouTube too are against this IPO. Those creators who make negative news about Ola Electric IPO are getting higher visibility. Most YouTuber share-market “analysts” have written negatively about a company which is THE market leader… that too by 30 percent.
Do the analyst think it is a JOKE to get 30% of a market which has the three of the BIGGEST 2-wheeler makers in the world (Hero Motors, Bajaj & TVS)? If they do then it shows their intelligence.
Or should we just call them “Chart-walle-bhaiya-log”?
These were the same “Chart-walle-bhaiya-log” who used to call Suzlon a “flop” company or Fluk-Company.
They also used to call Tata Motors a flop company last year when its shares were trading below Rs 120.
Investment in Ola Electric will reap benefits only in long term (10+ years). The company is in loss due to heavy investment in plant & machinery and will turn profitable over the years. This year it just set up plant for manufacturing Li-Ion batteries and started manufacturing leaving Exide & Amara Raja far behind.
Then there is eRickshaw & eCar manufacturing. All this is capital intensive.
End of Ice Age?… This could be the start of the end for Internal Combustion Engine (ICE) Petrol/Diesel cars & scooters/motorcycles… for… Stone age did not end due to the lack of stones.
Ola Electric, the e-scooter manufacturer submitted its initial draft papers to SEBI to initiate an initial public offering (IPO) aimed at raising ₹5,500 crore.
Avoid the Ola eScooter with single dandi in the front arm of the wheel which was probably taken from autorickshaw front wheel design for quicker assembly, removal of front wheel & repair.
Mahindra has given away a lot of its money buying companies with good potential and unable to run it professionally … Reva Car, Ssangyong motor & GenZe scooter company are some names that come to mind.
Silver lining is that this comes with PORTABLE BATTERIES & should cost BELOW Rs 50,000... It looks to have fatter tires too… VERY PROMISING… but trust Mahindra to mess things up!