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CosmicTaco
CosmicTaco
Grapevine

Ola Electric Sales Dip as Bajaj Gains Market Share

  • Ola Electric's market share dropped to 27% in September from 32% in August, with sales hitting an 11-month low.
  • The company has been facing issues with hardware malfunctions and customer complaints, receiving almost 80,000 complaints monthly.
  • Bajaj Auto is catching up, with its market share doubling over the last two quarters.
  • Ola Electric's share price fell below Rs 100 for the first time since its stock exchange listing in August.
  • Analysts predict Ola Electric's market share could decline to 25% over the next five years due to increased competition and changes in government policies.

Source: The Arc

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2mo ago
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FuzzyRaccoon
FuzzyRaccoon
Accenture2mo

Ather is way more better than ola

FuzzyPotato
FuzzyPotato
TCS2mo

Far Far better

DancingHamster
DancingHamster
Stealth2mo

“4th Largest EV company in the world excluding china” - Bhavish Bhai

FloatingLlama
FloatingLlama
Stealth2mo

dont even know why it had the run up

QuirkyMarshmallow
QuirkyMarshmallow
Stealth2mo

The design language I believe

FluffySushi
FluffySushi
Deloitte2mo

Bhavish Agarwal has been playing nationalism game while promoting Ola or even while updating consumer with its feature launches.. Clear sign that the product is shitty.

SquishyMochi
SquishyMochi
ICICI Bank2mo

A conglomerate of loss making companies

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