Electric scooter makers billed customers separately for chargers and software, exploiting a loophole to qualify for subsidies.
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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.
The Chennai-based two-wheeler maker has become a nonentity in the fast-growing, premium motorcycle segment—something it wants to change with a slew of new launches. Will it get things right this time around?
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.