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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