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In a remarkable debut, Ola Electric’s shares have crossed the ₹100 mark, skyrocketing with an 11% rally on their second day of trading! 🌟 This impressive performance reflects strong market confidence in Ola Electric’s vision for revolutionising the EV space. As the company accelerates its mission to make electric vehicles a mainstream choice, the market is clearly buzzing with optimism. Is this just the beginning of a new wave of electric innovation in India? 🔋Comment below 👇 #OlaElectric #StockMarket #EVRevolution #ElectricVehicles #MarketBuzz | Bhavish Aggarwal

🚨 Ola Electric’s Struggles Raise Questions About India’s EV Readiness 🚨 Ola Electric is facing a storm of customer dissatisfaction, with complaints piling up about reliability and service quality. The company's shares fell 9.1% to ₹89.14, dropping its market cap below $4.75 billion for the first time since its IPO in August. Once holding 49% of India’s EV market, Ola's share has now plummeted to 27%, as giants like Bajaj and TVS ramp up their EV offerings. Reports of service centres overwhelmed by maintenance issues and staffing shortages highlight a key challenge: has Ola Electric invested enough in after-sales support? As Ola Electric works to regain ground, the bigger question remains: is India truly ready to embrace electric vehicles, or are there still major hurdles to overcome? #OlaElectric #ElectricVehicles #EVMarket #India #CustomerService #Sustainability #Innovation #AutomotiveIndustry #EVAdoption

🚀 Ola Electric's Race to the Top: Can They Clear the Bottlenecks? ⚡🛵 India's EV landscape is booming, and Ola Electric is right at the center, speeding ahead with aggressive expansions and new product rollouts. But with service complaints piling up and the company’s losses widening, Bhavish Aggarwal has a balancing act to manage: driving innovation without letting customer experience slip through the cracks! 💼📉 Ola’s targets are ambitious—2,000 stores and 10,000+ partners by March 2025! 🏢 But with the EV market hitting 21.4% penetration in India, customers want more than speed. They’re seeking quality, reliability, and seamless service—areas where rivals like Ather are making strides. 🔧🏆 With a losses projection till FY27 📉 and their stock dipping, Ola needs to recalibrate fast to avoid losing high-value customers in the premium segment. The road ahead isn’t easy, but Ola Electric is betting big on fresh models and a bolstered service network. 🌐🚗 Can Ola win this race or will the service bottlenecks slow them down? Let’s watch closely as Ola Electric navigates this high-speed journey! 👀✨ #OlaElectric #EVRevolution #CustomerExperience #ElectricVehicles #IndiaTech

The Indian electric two-wheeler market is buzzing! ⚡ With government incentives driving adoption, Ola Electric has taken the lead. Check out this breakdown of the top players and their market shares. Key takeaways: 1. Ola's dominance: They've outpaced their nearest competitors combined in FY24 sales. 2. Growing market: The overall EV market is expanding rapidly, fueled by government subsidies. 3. Competition heats up: Players like TVS and Ather are making significant strides. What are your thoughts on the future of electric two-wheelers in India? #electricvehicles #EVs #India #sustainabletransport #futureofmobility #technology #innovation Picture Courtesy: Finshots

The electric vehicle (EV) market in India is booming! We're seeing a massive 21% year-over-year growth, and sales in the first half of 2024 (H1) have already reached a staggering 55% of all sales from 2023! This explosive growth is a clear sign that the EV revolution is in full swing. Want to be a part of it? Set up your own EV charging station and become a key player in India's exciting future of sustainable mobility! DM us to learn how you can join the EV revolution! or Visit www.reachev.in to learn more about us. #evcarsindia #evsalesinindia #evnews #evindia #evnewsindia #tataev #mgev #hyundaiev #investinev #techgreeninnovations #reachev

🚨 Ola Electric’s Journey: Current Challenges & Future Prospects 🚨 Ola Electric, once the forerunner in India’s EV revolution, is currently facing hurdles with a 43% stock dip and increased competition. Despite declining sales in recent months, the company remains committed to innovation and aggressive market strategies. This is a pivotal moment for Ola to reassess its service quality and customer engagement. Will this EV giant rise to the occasion? The industry will be watching closely. #ElectricVehicles #EVRevolution #OlaElectric #Innovation #MarketTrends

E-Mobility Due to the consistent drive to promote EV adoption inthe country, EV sales increased by 41% in FY 2023-24 on Y-o-Y basis. The 3W segment saw a 56% Y-o-Y growth and constituted 37% of overall EVs sold in FY 2023-24. The 4W category, on the other hand, which constituted only 5% of overall EVs sold, saw an 83% increase in sales on Y-o-Y basis. The 2W segment still retained its dominating position with a total 57% share in new EVs sold, as well as still accounting for nearly 48% of total EVs on road. Just over 3,500 e-Buses were sold during this period, however, this number is expected to grow rapidly with the launch of PM e-Bus Sewa Scheme in August 2023, which targets to deploy 10,000 e-Buses in the country. LinkedIn LinkedIn News India

There is a need to develop a new overarching strategy for road transport that can accelerate the Electric Vehicles (EV) transition by 2030. This transition should focus on fully electrifying India's fifty most polluted cities by 2030. This could save $10 bn by 2030 and generate millions of jobs, positioning India as a global EV manufacturing leader. I write in EconomicTimes: https://lnkd.in/gQ7Dnfxp

He got it correct incase of UPI app and digital payments. But I doubt EV is way forward for India. If India rely on foreign think tanks like lawrence berkely lab and ignore Indian thinking . India might be struck in adopting wrong technologies and outsourcing jobs such as lithium, solar panels etc to China resulting is less job development. Adani Is planning Hydrogen plants in Kutch and export Hydrogen to EU, while India will transition to EV. The excess rainwater letoff Dams in the monsoon could be used to generate Hydrogen. Hydrogen could absorb excess power generation to use as vehicle fuels. Japan is going Conveyor belt highways replacing 25000 trucks a day. That might be way to go. Of course truck drivers need to transition into alternative jobs.

Key Findings :- Report Courtesy by CEEW & SHAKTI SUSTAINABLE ENERGY FOUNDATION The on-road passenger and freight vehicle stock is set to increase by over 2.7 times between 2016 and 2030. A high mode share of public transport in 2030 will result in a 57 per cent reduction in on-road vehicle stock. A 30 per cent EV sales share in 2030 will lead to savings on crude oil imports worth INR 1.1 lakh crore (USD 14.1 billion). A combination of high public transport mode-share with 30 per cent EV sales will further lead to INR 2.2 lakh crore (28.3 billion) of savings on crude oil imports. A 30 per cent penetration of EVs in new vehicle sales in 2030 will result in the central and state governments losing 15 per cent of potential petroleum tax revenues compared to a business as usual (BAU) scenario as a result of reduction in fossil fuel consumption. The new manufacturing activities and increase in electricity consumption are expected to generate close to 1.2 lakh jobs in 2030 with 30 per cent EV sales. On the flip side, the petroleum and automotive (ICE vehicle) sectors would lose 1.6 lakh jobs. The market for high value-add components in a scenario with the projected 30 per cent EV penetration amounts to INR 2.1 lakh crore (USD 27.8 billion) in 2030 for batteries, electric powertrain, and charging infrastructure. #ceew #shaktisustainableenergyfoundation #germi #rmi #giz #wri #Teri #eesl #cesl #g20 #govtofgujarat #gujaratuniversity #vibrantgujarat #worldeconomicforum #tesla #governmentofindia #ministryofpower #fortum #g20 #ev #financeministry  #jobsinindia #economy #budget2024 #tatamotors #adanigroup #jiobp #Mahindra #marutisuzuki #citreon #msdhoni #mgmotors #ev #evchargingstations #evcharging #evcars #chargepointoperators #cpos #dcfastcharger #oem #gogreen #evehicles #evchargers #evcars #evadoption #dcpower #chhabielectricals #energy #warehouse #evehicles #evchargers #emobility #olectra #jbm #emobility #cpos #chargepoint #franchising #franchiseopportunities #franchiseeindia #pragatimaidan #2023trends #ministryofpower #DELHI #telioev #delhievents #delhievcell #switchdelhi #rittalindia #rittal #oilandgas #rexel #rexelindia #exponentenergy #evnnovator #evchargers #evchargingstation #Germi #pdpu #gandhinagar #geda #ministryofpower #germi