Bhavish Aggarwal, founder of Ola Electric, in a recent tweet, hinted at a live event to launch new products and a surprise announcement.
Live event tomorrow afternoon @OlaElectric! Will launch new products!
Also, a big surprise announcement 😉😎— Bhavish Aggarwal (@bhash) January 31, 2024
This comes after Ola Electric, a leading player in the fast-growing e-scooter market, slashed its sales goals for 2023-2025 by over half and delayed its profit target by a year due to reduced government incentives.
Despite these challenges, Ola continues to innovate, offering a ₹20,000 discount on its new S1 X+ e-scooter as part of its ‘December to Remember’ campaign.
With India’s e-scooter sales nearly tripling to over 700,000 during 2022-23, all eyes are on Ola’s next move.
Also Read: Bhavish Aggarwal's Ola targets 1 billion customers, to scale up EV 2-wheeler ride-hailing
(Edited by : Akanksha Upadhyay)
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Repolling underway at one polling booth in Chamarajanagar LS segment in Karnataka
Apr 29, 2024 10:32 AM
2024 Lok Sabha Elections | What does a low voter turnout indicate for NDA and I.N.D.I.A Bloc
Apr 29, 2024 5:48 AM
'Borrowed' leaders: Congress hits out at AAP for not fielding their own candidates in Punjab
Apr 28, 2024 9:53 PM
EC asks AAP to modify election campaign song and Kejriwal's party is miffed
Apr 28, 2024 9:25 PM