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Ola Electric CEO Bhavish Aggarwal Says Company Is Close to Achieving Profitability

  • Ola Electric CEO Bhavish Aggarwal revealed that the company is close to achieving profitability.
  • Ola Electric focuses on market leadership, growth investments, and financial sustainability.
  • The company plans to expand into motorbikes and three-wheelers, aiming for a market share of 30-35%.
  • Despite reporting a net loss, Ola Electric's revenue surged by 39.1% year-on-year, and they anticipate turning EBITDA positive in 2025-26.

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