[RaghuVis]

Originally Posted by volkman10

As EV fire ( this time it is Tata Nexon )happens, CEO of Ola takes a dig at Hormazd again and more so justifies the fire incident. What type of CEO is this?

And this guy wants to launch an EV car next year!

I hope OLA fans here understand why the other side is so pissed off at him. No one wants OLA to fail. Competition is always good. But the arrogance is unpardonable. I guess he will definitely learn from these mistakes soon even if he won't openly admit it.

[audioholic]

Originally Posted by RaghuVis

And this guy wants to launch an EV car next year!

I still dont understand how he concluded that ICE car fires are more frequent than EV fires. Did he forget the denominator while doing the calculation? I think he needs to learn a thing or two from Ather and its management. I am dragging Ather since if we bring in the bigger/conventional manufacturers people get the feeling that Ola is a new comer so some leniency is deserved.

[blue_pulsar]

Originally Posted by volkman10

As EV fire ( this time it is Tata Nexon )happens, CEO of Ola takes a dig at Hormazd again and more so justifies the fire incident. What type of CEO is this?

Attachment 2323821



https://www.Youtube.com/watch?v=_wCsutswcUk

This is an extremely casual and brazen attitude for someone manufacturing vehicles and defects of this magnitude which can put customers lives at risk.


I remember he made fun of respected journos earlier also.

For his attitude alone, I sincerely hope that his Electric products are sales duds.

[harshaguduru]

Originally Posted by volkman10

As EV fire ( this time it is Tata Nexon )happens, CEO of Ola takes a dig at Hormazd again and more so justifies the fire incident. What type of CEO is this?

I find him quite brash and rude in most online interactions. Always gives me a feeling of empty vessels make more sound. Especially when he dismisses Elon Musk with statements such as he is not welcome to India etc.

He maybe a good businessman at replicating others' business models no doubt, but does very little to inspire younger and fresher minds because of his thuggish attitude.

Purely from a statistical perspective if you take it as a percentage, electric vehicles in India have a much higher incidence rate of failures and fire etc when compare head to head with their ICE counterparts

[volkman10]

Originally Posted by volkman10

As EV fire ( this time it is Tata Nexon )happens, CEO of Ola takes a dig at Hormazd again and more so justifies the fire incident. What type of CEO is this?

Hormazd doesn't stoop low as the 'so called' CEO and gives a decent reply.

[NT56]

Originally Posted by audioholic

I still dont understand how he concluded that ICE car fires are more frequent than EV fires. Did he forget the denominator while doing the calculation?

I had similar thoughts but it seems that an insurance company in USA has some data and it suggests EV fires are less in percentage compared to hybrids and ICE. However, when an EV catches fire it is more difficult to manage because of the batteries.

https://www.autoinsuranceez.com/gas-...ric-car-fires/

[Sebring]

Hormazd bought his scooter and still he continues to take potshots. This irks me

Originally Posted by volkman10

Hormazd doesn't stoop low as the 'so called' CEO and gives a decent reply.

[JitendraW]

Originally Posted by volkman10

As EV fire ( this time it is Tata Nexon )happens, CEO of Ola takes a dig at Hormazd again and more so justifies the fire incident.

Such immature comments coming from a CEO who is planning to launch an EV car This tweet should be saved for the time he launches the car and people show it to him asking why should they buy his car if it is going to catch fire.

[pmhate]

I respect views of other members but Ola / Bhavish aren't threat to the people as it looks like. They are selling it online (B2C) so they get the criticism online in high volumes. It doesn't make Ola a bad scooter just based on 1 fire incident. Fire incidents can happen to anyone just like any other vehicle in an unfortunate case.

Some media houses who never posted a thing on automotive industry but suddenly felt like cashing on to it with clickbait titles and extrapolated that number with many articles. It is obvious that Ola / Bhavish will do everything possible to counter that hate online only.

Had Hormazd / any other media house / any of our respected members ever criticized the CEOs of highest selling scooter brands likes Hero Electric, Okinawa as well as PURE EV (selling EVs conventionally under FADA Framework) but had more fire incidents, dealer issues and spare part issues than OLA?

Many things happen "offline" and not every online fight is legit.

[TorqueNM]

Originally Posted by pmhate

I respect views of other members but Ola / Bhavish aren't threat to the people as it looks like. They are selling it online (B2C) so they get the criticism online in high volumes. It doesn't make Ola a bad scooter just based on 1 fire incident. Fire incidents can happen to anyone just like any other vehicle in an unfortunate case.

Some media houses who never posted a thing on automotive industry but suddenly felt like cashing on to it with clickbait titles and extrapolated that number with many articles.

Well to be fair, have you seen the amount of the media coverage Ola got for any other scooter launch? I’m sure Bhavish didn’t mind that many articles at that time.
So it’s only natural when a product has a lot of hype, partly created by themselves, all the little issues will be extrapolated as well. Only difference is how professional they tackle it and Bhavish with his tweets just comes across as pretty juvenile.
And this is not the USA, there is no such thing as petrol media in India. Nexon EV was pretty much universally welcomed and had positive remarks from all the channels. So him trying to copy Elon Musk just doesn’t work.

[shankar.balan]

I thought this relevant to this thread. Its from the Economist. Am sharing screenshots.

[sameer_vwagner]

The gentleman is at it again, and this time, even by his extravagant standards, the statement is a little too much.

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Ola Electric will roll out its complete offering of electric scooters and motorcycles in each segment of the market — premium, mass premi¬um, and economical — in the next 12 months in a bid to push for a near-full conversion of the two-wheeler market to electric in three years.
According to Bhavish Aggarwal, founder and CEO of Ola Electric, “ICE (internal combustion engine) products will fall off a cliff”. He also says the company is aiming to become profitable next year.
In the passenger car segment, while its top-end first model will hit the market in 2024, the company plans to come out with electric cars ranging from Rs 5 lakh to Rs 50 lakh by 2027.
Elaborating on this aggressive strategy, Aggarwal says: “It is not going to be a linear market growth journey, but a logarithmic one. Consumers are very fast in dumping old technology, and that is the nature of technology disruption”.

Aggarwal further says: “We see the whole or near 100 per cent of the two-wheeler market shifting from ICE in three years.”

As for Ola Electric’s profitability, Aggarwal says: “We have started selling for the last eleven months, and we are confident that we will become profitable sometime next year.”
The company saves costs by selling directly, and hence does not have to fork out dealer margins. Nor does it make big marketing spends. The savings are diverted to product development and research.
According to Aggarwal, ICE players who think that it will take a long time for the conversion of two-wheelers into electric mode, are doing so at their own peril.
The Ola boss says that the company is already the market leader in the premium scooter market (over Rs 1 lakh), where 90 per cent of the market has converted to electric. In the premium mass scooter segment, Ola is launching its third model in April next year. This will be on the same premium scooter platform, but with a much more optimised powertrain, and will be priced at Rs 85,000. Currently, 85 per cent of the scooter market is in this category, and so Ola plans to give a big push to their volumes in this space.
Aggarwal says that Ola Electric also plans to launch a cheaper model, priced below Rs 85,000. Also on the anvil are plans to launch motorbikes across all segments next year.
When it comes to the passenger car space, Aggarwal concedes that there will be competition from global players. Even so, it wants to put out its first upper-end model by 2024. “Our aim is that within three years of the first launch, we will have electric cars costing between Rs 5 lakh and Rs 50 lakh,” he says.

Aggarwal says that the median of the passenger car market has shifted from the Rs 10-lakh price point to Rs 15-20 lakh, because of the growth of mid-sized SUVs in the last couple of years. He also points out that the sub-Rs 10 lakh segment is not growing. Only 1 million cars are being sold in this category, he says, and that is because consumers do not find it “exciting enough”. Hence, says Aggarwal, “well-engineered electric cars in this category will bring back the customers again.”

He feels that the real competition in the passenger car market will be seen after two years when global players will come in with multiple world-class products, and not just lower price points. However, he believes that an Indian company can do better in India than foreign players.

Ola also sees a large global play for itself in the $1000-$50,000 market in Africa, Latin America, and Southeast Asia. In the US and Europe, its focus will be on the premium and luxury segment, says Aggarwal, adding that only China has mass and premium electric vehicles.

“Given India’s large domestic base, and the government’s production-linked incentive (PLI) scheme, which provides incentives for manufacturing EVs, and with supply chains wanting to come in, India has a real chance to have a shot at this segment of the market, which is huge. In the ICE world, this market was dominated by the Japanese and a bit by South Korea, which has been much slower in EVs,” says Aggarwal.

The Ola chief points out that EV companies that will win the game are those with control over technology. “The current auto paradigm has been to outsource and give it to suppliers to manufacture at low cost, and mostly assemble. But the paradigm in EV is the opposite: it’s only those who control the technology —software, battery and systems, electronics, etc — who will win the game. And we have much greater know-how than any of our competitors,” says Aggarwal.

Link

He says he expects ~100% of 2-wheeler market to shift to EVs. While the enthusiasm is good to keep the excitement going for the investors, a CEO should have been more measured with his outlook. We all know that this is way too lofty.

[Venkatesh]

Bhavish Aggarwal

My thoughts on how 2022 has transformed the Indian EV industry, opportunities that lie ahead & our future plans at Ola! It’s India’s destiny & opportunity to be a global leader by building world class products across segments.

- 2022: Beginning of the End for ICE Age

- Myth 1: EVs are not sustainable till the power generation is coal based

- Myth 2: Lithium is owned by China, so India’s dependence on China will increase with higher EV adoption

- Myth 3: Hydrogen is the future, not EVs

Link to Full Article

[volkman10]

Latest from the CEO:

It is stupid to buy ICE now

Tesla for the west, Ola for the rest

Link

[volkman10]

The noise is back.

Ola's Aggarwal says if auto cos only make noise like their ICE vehicles, they'll become dinosaurs.

Link