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Tesla’s demand for a lowering in tariffs on imported electric vehicles has provoked a response from several other CEOs. Bhavish Aggarwal, the founder, and CEO of Ola Cabs remarked on Tuesday that he “strongly disagrees” if the government lowers the tariff on imported electric vehicles. After reports that Elon Musk’s Tesla Inc had requested a lower tariff on imported EVs, Aggarwal’s tweets went viral on the microblogging platform Twitter. Image Source: CNBC × Quartz In support of Tesla’s request for lower tariffs on imported electric vehicles, Seob Kim, CEO, and CEO, Hyundai Motor India stated, “We have heard that Tesla is seeking some duty cut on imports of CBUs. So that would be very helpful for the OEMs to reach some economy of scale in this very price competitive segment.” Lower duties in India, according to Hyundai Motor India’s MD, will assist “expand the EV market.” However, Ola co-founder Bhavish Aggarwal appears to “strongly disagree� ....
Ola Electric CEO Bhavish Aggarwal tweeted on Saturday that the eagerly awaited Ola Electric Electric Scooter had received a record-breaking 1 lakh of pre-bookings within 24 hours, marking it the ‘most pre-booked scooter’ globally. On the evening of July 15, Ola Electric began accepting registrations for its electric scooter. The Ola Scooter is available for pre-booking at olaelectric.com for Rs 499. India’s EV revolution is off to an explosive start. Huge thanks to the 100,000+ revolutionaries who’ve joined us and reserved their scooter. If you haven’t already, #JoinTheRevolution at https://t.co/[email protected]/LpGbMJbjxi Ola Scooters are available for Rs 499 on olaelectric.com. Customers continue to visit the website in massive numbers to reserve the scooter, according to the manufacturer. These Electric Scooters will be produced in India at the company’s Rs 2,400-crore Future facility. The company claims to be constructing the worl ....
Ola's E-Scooter Receives 1L Pre-Bookings Against Industry's Sales Figure Of 29K Units in H12021 inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Exclusive: Ola Electric To Open Pre-Orders For Its Scooters In August 2021 inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Join ARN Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.Sign up now Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself. 4 June 2021 00:33 Electric Motorcycle and Scooter Market Value to Reach Around US$ 14.30 Bn by 2027 The electric motorcycle and scooter market size is predicted to reach around US$ 14.30 Bn by 2027, expanding at a CAGR of above 7.5% 2021 to 2027, according to new report study. The electric motorcycle and scooter market size is poised to reach around US$ 14.21 Bn by 2026, expanding at a CAGR of above 7 % during the forecast period 2019 to 2026. ....