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