
Ola Co-Founder and CEO Bhavish Aggarwal on Wednesday said electric vehicles (EVs) offer far greater cost savings than is commonly understood, arguing that electric two-wheelers are nearly 90 percent cheaper to operate than their petrol-powered counterparts.
EV Running Costs Far Lower Than ICE Vehicles
In a post on X on January 21, 2026, Aggarwal compared the running costs of internal combustion engine (ICE) two-wheelers with electric models. He stated that a typical petrol two-wheeler with a fuel efficiency of 50 km per litre, at a petrol price of Rs…

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