Thursday, March 30, 2023

Ola preparing for world without any subsidies: Bhavish Aggarwal

In an interview to ET, Aggarwal said Ola's electric two-wheeler business, which commenced commercial operations in 2021, is ebitda (earnings before interest, tax, depreciation and amortisation) positive. "We have scaled the fastest, and we have gotten to profitability the fastest," he said.

from Auto-Industry-Economic Times https://ift.tt/bWaFN0s

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India's car exports hit record in FY25, Maruti leads the way

India's auto industry saw record exports of passenger vehicles in FY25, with Maruti Suzuki leading with 332,585 units. Hyundai followed ...