Aggarwal: Rs 7.50/litre fuel hike fueling gig-rider shift to Ola EVs
Ola Electric CEO Bhavish Aggarwal says cumulative Rs 7.50/litre petrol-diesel hikes since May 15 are accelerating gig-economy demand for Ola EVs, with Delhi petrol at Rs 102.12 and diesel at Rs 95.20. Delivery riders and cab drivers running 100+ km/day are switching to cut running costs.
Ola Electric CEO Bhavish Aggarwal says recent Rs 7.50/litre fuel price hikes since May 15 are driving strong gig-economy demand for Ola EVs, as delivery riders and cab drivers seek lower running costs.
Why this matters
Aggarwal's fuel-cost narrative reinforces Ola's Q1 FY27 momentum, where registrations already crossed entire Q4 with 40 days left, pointing to a V-shaped demand rebound led by gig users.
Leadership signals steady at 86 in last 90 days, with Aggarwal anchoring demand narrative.