The Daily Brief Two scooter giants, Two very different stories
7 snips
Jun 4, 2025 Dive into the competition between Ather and Ola Electric, where one enjoys growth despite obstacles while the other faces revenue struggles. Discover how government policies are shaping their paths. Switch gears to the life insurance sector, where mixed quarterly results reveal key metrics like Annual Premium Equivalent and Value of New Business. Unpack how different product mixes are influencing profitability in an ever-evolving market. Tune in for insights that could transform your understanding of these industries!
AI Snips
Chapters
Transcript
Episode notes
India's Rising Electric Scooter Market
- India is now the world's second-largest electric two-wheeler market, driven mainly by cost savings, not eco-consciousness.
- The market is still small, with electric vehicles making up just 8% of total two-wheeler sales, indicating huge growth potential.
Subsidy Cuts Shift EV Dynamics
- Government subsidies shrank in 2024, pushing EV prices up and challenging scooter makers.
- Ather improved profits and efficiency while Ola faced a revenue collapse caused by registration failures.
Different Strategies of EV Leaders
- Ather focuses on a limited product range, careful funding, and regional premium markets.
- Ola pursues aggressive nationwide expansion with diverse models but faces operational complexities.