[manquer]

Ola has no prior auto manufacturing experience, they are already delayed [1], their ability to deliver sales, or after sales support and do local manufacturing is as yet unproven.

Tesla came very close to collapse when they couldn't scale few times. Ola's success and the market appetite for e-bikes remains to be seen.

India's shift to electric is driven by fuel cost conscious buying rather than by climate consciousness, that means Ola (and others) do not have the support that Tesla enjoyed when their product was(still is?) not on par with ICE car from ideological buyers .

These scooters also will not be able to command a large premium to current prices and also do the volume to make in-roads in the market. There is a reason that electric is less than 1% of the market.

My uninformed estimate is that market can realistically only pick up significantly when battery chemistry evolves enough to make a decent range (> 150+ Miles) scooter priced at < $1,500 US . I have not read anything on how Ola or others are actually making batteries cheaper or better range like with say Tesla's 4680.

[1] Not unexpected or surprising for a very new player