Ola to focus on electrification of small vehicles, says Bhavish Aggarwal

Terming electrification as the future of mobility, Ola’s Bhavish Aggarwal said that the company would focus on electrifying small cars, two-wheelers and three-wheelers and build technologies and business models in this segment which would be relevant globally.

The acquisition of Amsterdam-based electric scooter startup Etergo by Ola earlier this year, was a first step in that direction, Aggarwal said speaking at the virtual India Global Week forum.

“The small vehicles format is much larger in terms of volumes as compared to large format vehicles. So the electric feed is incomplete unless you solve this segment of mobility from a technology and business