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One of India's most prominent electric vehicle startup founder's advice to entrepreneurs looking to enter the electric two-wheeler space is - focus on commercial vehicles instead.
Speaking with Mint Assistant Editor Alisha Sachdev at the Mint Mobility Conclave 2022, Tarun Mehta, Co-Founder and CEO, Ather Energy, said that the current market conditions don't afford newcomers the time it takes to build new platforms in electric two-wheelers.
"If you're starting a company in India today, there is an opportunity to go after fundamental value creation. And maybe don't start in scooters now, I think this is a different space now and you will have to approach it very differently. You can't start by saying I want to build platforms now. It's a little too late. Maybe start off in commercial vehicles", Mehta said.
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