Ola Co-Founder and CEO Bhavish Aggarwal on Wednesday stated electrical automobiles (EVs) provide far higher value financial savings than is usually understood, arguing that electrical two-wheelers are almost 90 % cheaper to function than their petrol-powered counterparts.
EV Operating Prices Far Decrease Than ICE Automobiles
In a publish on X on January 21, 2026, Aggarwal in contrast the operating prices of inside combustion engine (ICE) two-wheelers with electrical fashions. He said {that a} typical petrol two-wheeler with a gasoline effectivity of fifty km per litre, at a petroleum worth of Rs 100 per litre, prices about Rs 2 per km to run.
The Per-Kilometre Value Breakdown
In contrast, Ola’s electrical two-wheelers eat round 30 watt-hours per km, translating to roughly 33 km per unit of electrical energy. At an assumed electrical energy value of Rs 6.5 per unit, the operating value works out to roughly Rs 0.20 per km, he stated.
Advertising and marketing Hole on EV Financial savings
“Stunning how little individuals perceive the financial savings EVs convey,” Aggarwal wrote, including that the corporate might have communicated this benefit extra successfully previously and would now deal with highlighting it. Based on his calculation, the distinction in per-kilometre value makes electrical two-wheelers about 90 % cheaper to function than petrol automobiles.
