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'We can live without FAME regime', says Ola CEO Bhavish Aggarwal

'S1 Pro currently has volumes of 20,000 to 30,000 a month'

Bhavish Aggarwal, CEO, Ola. (Illustration: Binay Sinha)
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Bhavish Aggarwal, CEO, Ola. (Illustration: Binay Sinha)

Surajeet Das Gupta New Delhi
With the launch of the S1 Air this month and the announcement of a few more electric two-wheeler models in July, Ola Electric is on a roll. Founder and CEO Bhavish Aggarwal talks to Surajeet Das Gupta in New Delhi on the impact of the partial withdrawal of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME II) subsidy, the pace of conversion from internal combustion engine (ICE) to electric, and the importance of controlling cell technology. Edited excerpts:

The sudden reduction in the FAME 2 subsidy has seriously impacted

sales in June and electric two-wheeler (E2W) companies
Topics : Ola