https://twitter.com/bhash/status/1684955165865213952?t=njFwNN-WfHqYdF-eTfxVcg&s=19
What he is not telling that, at the end of 5-7 years of usage you will need to replace your whole battery which will cost 60% of the scooter value.
Ha. Ha. Some lie, Some have a reality distortion field (RDF) issue. RDF is a phenomenon in which an individual’s intellectual abilities, persuasion skills and persistence make other people believe in the possibility of achieving very difficult tasks. The term was coined by Apple employee Bud Tribble to describe former Apple Inc. co-founder, CEO and chairman Steve Jobs’ ability to encourage his team to complete virtually any assigned or delegated task.
Interesting
EV Scooters (even with battery replacements) are expected to be cost effective in the long run but u need to decide based on ur own usage. Below a certain kms/year the EV does not make sense. take the capital cost (first time +battery replacement) and divide by the per KM saving u get.
Make sense for heavy users who travel 50-100 km a day. There are too many hidden cost too. Let's say the hardware is outdated in 5 years, so can you make it with that?
The key issue is no one in the motorbike segment wants to buy because it is environment friendly. so the only to sell is to say "it is a lot cheaper than traditional ICEs". it is not the best way, but then the only way to make any new product or tech get to mass adoption. the theory is once u have mass sales, ur fixed costs decline over time what we need to understand is that ICEs have a roughly 50-year advantage which cannot be overcome on a cost basis within a few years. the bottom line: buy an EV if u care enough about the environment that u are okay with the costs, and say u paying the extra as an implied value to ur cause for the planet.
I personally convinced a dozen people from buying such shit. Three of them just a day before booking it.
Ole might be next byjuice..
Naa some big player like Mahindra or Tata will buy out
With all these EVs catching fire and Ola not being able to turn a profit, Im curious to know if it really is a solid company or just an investor-money marketing hype? I mean most of the folks I know open Ola LAST, if Uber/Rapido/Blusmart...
Is it me or lately linkedin is full of Ola Electric complaints while order book of ola is still decent even after market share decline.
Who tf is buying ola vehicles.
Krutrim has become a unicorn after securing $50m in funding, making it the first Indian AI startup with a valuation of $1bn. It seems like an extremely overvalued company being built yet again. Thoughts?
Are we going back to good golden days of insane salaries. I am really curious on how was the valuation decided. On wh...
If he gives me ESOPs worth the CEO's shares then sure I would have an entrepreneurial mindset.
Putting Zypp Electric in Never Apply list
Context - Morning Context article on Teachmint https://themorningcontext.com/internet/teachmint-is-the-latest-edtech-on-the-verge-of-a-crisis
Some excerpts from the article: Their core product is not relevant to schools in the post-pandemic world,” says ...
