Focussing On Profitable Growth & Are Close To EBITDA Break Even: Ola Electric | CNBC TV18

‘Incumbents run the risk of burning a lot of cash & cannibalizing their own sales as they build their EV business. We are focusing on profitable growth & are close to EBITDA break even’ says Bhavish Aggarwal, Chairman & MD, Ola Electric. Tells Prashant Nair, Nigel D'Souza & Ekta Batra that co will look to enter the EV 3-wheeler segment “soon enough”
#olaelectric #olaelectricscooter #olaelectricbike #olaeletric #ebitda #sales #businessoutlook #stockmarket #stockmarketnews #stockmarketupdates #cnbctv18exclusive #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
REad More: www.cnbctv18.c...
🔴CNBC TV18 LIVE TV: kzbin.info...
SUBSCRIBE to our Channel: bit.ly/3nvEcxf
---------------------------------------------------------------------------------------------------------------------
👑 Check Out Top CNBC TV18 Playlist Videos:
🔹Lok Sabha Elections 2024: • Playlist
🔹CNBC TV18 Digital Podcast: • I Did It My Way - CNBC...
🔹Sounding Board: • Sounding Board | CNBC ...
🔹International Videos: • World News - CNBC-TV18
🔹CNBC TV18 Market Cafe: • CNBC TV18 Market Cafe
🔹CNBC TV18 Digital: • CNBC-TV18 Digital Videos
🔹CNBC TV18 Weekend Special: • CNBC-TV18 Weekend Special
🔹CNBC TV18 Next-Gen: • CNBCTV18 Next-Gen
🔹Overdrive Show: • OVERDRIVE || CNBC TV18
🔹Young Turks: • YOUNG TURKS - The Entr...
🔹Starup Streets: • Startup Street
------------------------------------------------------------------------------------
You can also connect with CNBC-TV18 News Online
Catch the latest news: bit.ly/2YbpXBM
Follow CNBC-TV18 round the clock: www.cnbctv18.c...
Stay updated with all the market action in real time: www.cnbctv18.c...
You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: www.cnbctv18.c...
Like us on Facebook: / cnbctv18india
Follow us on Twitter: / cnbctv18news
Follow us on Instagram: / cnbctv18india
Catch us on: Linkedin: / cnbc-tv18
n18oc_business
About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

[@Daniel-bw8vm]

Finally someone who addressed the elephant in the room, “Poor Service Level” and glad to hear Bhavish’s response. I’m sure with his vision we will see some amazing results soon. Patiently and optimistically waiting for Ola to grow and dominate the market

[@AbhisheKSamm]

Why would a new age company like OLA mock its competitors? Optimism is okay, But getting carried away by over optimism could very well destroy your business

[@justcurious40]

Bajaj TVS have got established service centres. Service is very very important. Because what do you do with the electric vehicle which you cannot get serviced? It’s just becoming useless. I told Bhavesh that he should take care of service centres. There are huge queues in the service centres. Somehow he doesn’t care. He’s learning it the hard way, that the customer will not suffer long and they will shift to the competition, who is much better organising, giving services

[@nikunjchauhan137]

Bhavesh Agrawal is one best story teller, he knows how to sell idea,....but when we talk about execution and customer satisfaction it is terribly poor

[@n-x8c]

Give Ola a chance. When Tesla took out its first car they had to recall a ridiculous amount of cars. Even now when they launch a completely new product for example cyber truck they have a lot of teething problems initially. A very fast growth rate combined with lack of experience has meant that that service has lagged and Ola is learning the hard way. Give it 6 months and the issue would most probably be resolved. Ola has the chance of becoming the largest two wheeler EV company in the world. I think that would be great for india.

[@sapoliyamehul]

Should not comment on competetor!

[@hashiquev4422]

14:48 he only focused on sales.not service

[@Sp-A101]

Three wheelers hi kyun, Ola electric cars bhi lao, people in tier 1 cities are looking for a cheaper 2nd car for daily commute and with one ICE car which people like me already have.

[@Farsath999]

Very bad customer service dear Bhavish. Hope you will address this issue.

[@hashiquev4422]

1:36 because service very bad

[@mirajsumaria625]

Dont come in 3 wheeler....1st solve the problems in your 2 wheeler

[@captpython3725]

Best of Luck Bhavesh🎉

[@kingsreeraj]

Here many comments are on ola service. My friends who own Ola are also complaining long que at service centers. Ola have good products but they should focus more on customer satisfaction too.

[@13tubeyou]

These guys came to make money. It was the same as in mobile ERA, how cheap China mobiles came, and in EV ERA, where OLA Electric came to make money.

[@pvn9100]

Service is a big issue with ola... getting a service slot itself is big issue

[@amarjotsinghchandhiok9664]

*OLA THREE WHEELER GREAT*

[@SuccessBull-xj9qs]

Ola, the future indian technological world leader

[@dilipsharma6322]

Prashant needs to stop his pauses ....sort of ... sort of.. sort off

[@uday4717]

Bajaj 😂😂😂

[@Ajay-fl7bl]

What an inspirational guy.

[@IslamFatama-w5w]

Perez Nancy Garcia Frank Lewis Robert

[@eespn4764]

Yes, break back of anti india arrogant bajaj son.

[@中島学-b4k]

Lopez Eric Lee George Thomas Michelle

[@ronniegilmore6676]

Thompson Ronald Allen Brian Lewis Amy

[@Littlefire71]

Before 3 wheeler 2 wheeler will die

[@CuriousSamurai-c5d]

Mark my words Ola will reach 5000 in 3 years 10,000 in 7 years Scooters Bikes 3 wheeler Battery 🔋 International market Cars Damn a lot to come

[@Daniel-bw8vm]

Enjoy the stocks splits and bonuses and the chunky dividends 🫠

[@Peacetoeveryone95]

nothing will come

[@rushabjain7485]

5000 in 3years😂 you should leave stock market

[@CuriousSamurai-c5d]

@@rushabjain7485 3X in a year , could be reality There are many stocks that has done this. Ola will be a revolution in ev market technology. Heard of nvedia?

[@Sandy_24365]

Wow.. your predictions are fantastic. The share price is falling daily...😂

[@filmiduniya4700]

What a ceo?Down to earth woww😮😮😮😮

[@sankalpshanbhag]

Having vision is good but if you are mentally challenged and person with no eye sight then his business is bound to doom. He is not a worthy person. Just keeps launching new products and vehicles keep piling in the service centre. I pray to god everyday that OLA should shut soon. Waiting to hear the news that Bhavish goes bankrupt.