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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The time has come to determine whether the electric scooter maker and its management, led by Bhavish Aggarwal, are incompetent or operating under malice.
The issue was with the HMI, or the human-machine interface. Three out of four were failing.
An HMI is the primary point of interaction between a rider and their vehicle. Basically, it is the operating system of a scooter. If this component fails, the entire operating system of a vehicle goes down. “HMIs [produced for Ola Electric] have a 75% failure rate,” says a person in the know, requesting anonymity. “Even for Ola Electric, which has been playing fast and loose with its manufacturing process, this is quite high.”
Earlier this year, when the manufacturer of the HMIs discovered this, …
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.
The EV maker is turning to gig-worker rentals to absorb its scooter output. But questions on cost, competition and execution make its latest pivot uncertain.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
