Indian Rideshare Ola Faces Crowded Field To Go Beyond Uber Playbook
The scale of Ola’s ambitions in the Indian EV space is so towering that it would involve attempting to sell 2 million electric scooters within a year to a country that currently has just 121,900 EVs. While most of those EVs are indeed scooters, the total number of EVs sold comprise just 1.66% of India’s 20 million annual automobile sales, according to the Delhi-based think tank Council on Energy, Environment and Water....