Delhi-based Revolt Motors has emerged as a standout story for electric motorcycles in India against all odds. Now it has to prepare for an onslaught of new competition, starting with top e-scooter maker Ola.
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Consumption took centre stage, while some sectors got more attention than others. But Nirmala Sitharaman’s budget failed to enthuse the markets.
The Japanese firm is giving its latest scooter swappable batteries—an experiment that could either build on or sully the fair name of the over two-decade-old Activa brand.
In the face of lost market share, mounting operational challenges and leadership problems, Ola Electric faces a race against time to come up with anything that can stem its decline.