Ola CEO Says Electric Two-Wheelers Are 90 Percent Cheaper to Run Than Petrol Vehicles

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OLA CEO Says Electric Two-Wheelers Are 90 Percent Cheaper to Run
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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Ola CEO Says Electric Two-Wheelers Are 90 Percent Cheaper to Run Than Petrol Vehicles


OLA CEO Says Electric Two-Wheelers Are 90 Percent Cheaper to Run
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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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