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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.
Bhavish Aggarwal announced various Gen 3 “innovations” at Roadster’s launch event. Far from innovations, these changes could put the Roadster, and its buyers, at substantial risk.
Of all the things in the world that could worsen Ola Electric’s script, it is the humble wiring harness that has come out on top. The company is treading into dangerous territory with what is the hidden hero of any successful motorised product. It has decided to replace the traditional wiring harnesses with flat cables in its Gen 3 platform—which will be used in the upcoming motorcycles—claiming it helps reduce weight and improve efficiency. But experts argue it compromises safety and durability.
“It doesn't make sense. Nobody will certify a vehicle with these flat cable harnesses,” says an auto components …
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
As Rapido and Uber pull ahead, falling traction and mounting financial stress leave Ola with few options.
Despite reducing total losses, the electric scooter maker is losing double the money for every rupee it earns. Collapsing sales, shrinking market share and mounting cash pressure expose its vulnerabilities.
