Talking about the future of electric vehicles, Bajaj said that he puts his trust in ‘BET’ (Bajaj, Enfield and
He called the incumbents ‘champions’, because they have a proven track record.
“Because they are champions, they have a track record — there are two things which are very clear. Champions eat OATS for breakfast — Ola, Ather, Tork and SmartE. ‘Picture abhi baaki hai,’ I will say,” he said.
In a sporting response, electric scooter maker Ather Energy’s cofounder, Tarun Mehta, tweeted: “Must say, the OATS and BET acronyms by Rajiv Bajaj made my day today. Never a dull moment in this industry.”
Must say, the OATS and BET acronyms by Rajiv Bajaj made my day today 😄Never a dull moment in this industry.
— Tarun Mehta (@tarunsmehta) 1635423716000
Over the past few years, several startups have emerged in the electric two-wheeler space. EV startups such as Ather Energy, Torq, SmartE have been dominating the electric two-wheeler space.
— Bhavish Aggarwal (@bhash) 1635434148000
Among these startups, Ola has made the biggest noise with a promising
massive scale of up to 10 million units a year. Ola founder Bhavish Aggarwal has regularly criticised legacy automakers for not doing enough to accelerate the shift to electric mobility.