Anand Shah, co-founder, Ola Electric and senior VP, Ola Cabs told Mint that the cab aggregator is devising new business models to make electric vehicles viable. Excerpts:Q: How is Ola Electric planning to achieve its target of bringing one million EVs on roads by 2021? Being able to deploy a million electric vehicles (EVs) on the roads throws a question, which is how do you get EVs viable enough to get to that scale. Thirdly, the EVs need to be TCO (total cost of operations) optimized for their lifetime. Q) What are the other business models Ola Electric is working upon?

Source: Mint July 03, 2019 11:03 UTC