The race for the third begins

By Pranav Balakrishnan in BFO #332, 22 Jul, 21

In India’s two-wheeler industry, disruption is in the air. 

Last week, India’s mobility unicorn Ola said it registered more than 100,000 bookings for its electric scooter in a day. The scooter will be rolled out of the biggest two-wheeler factory in the world, being set up in the southern Indian state of Tamil Nadu. 

It’s worth noting that the price of petrol has hit Rs 100 (US$1.3).