Business Standard
Business Standard
June 10, 2025 at 05:19 AM
*Take2 With BS* | In 2021, Ola Electric set out to revolutionise India’s EV space with an all-women, robot-run factory and big ambitions. It raced ahead, went public at a $4.8 bn valuation, and briefly led the market. Cut to 2025: losses have doubled, revenue is down 62%, and market share has slipped below 20%. Product issues, regulatory heat, and investor exits are piling up. Legacy players like TVS and Bajaj are reclaiming ground with reliability and scale. The challenge for Ola now—can early disruption deliver long-term staying power? Read the story here 👉 https://mybs.in/2enjdFc
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