 "ola electric two wheeler ev")
Ola Electric’s initial public offering (IPO), of Rs 5,500 crore, is essentially aimed at ensuring the company maintain its top position in the electric two-wheeler segment, with incumbent players TVS and Bajaj Auto giving a fight to the number one player in
market share.
Most experts and competitors say the amount being raised is in line with the investment required to expand the electric-vehicle (EV) business.
There are two discernible trends in the competitive electric two-wheeler market. One is the incumbent players are gaining market share and the gap between Ola and the two together is reducing.
Two, the penetration of
