Demand no longer a constraint: Ola Electric’s Bhavish Aggarwal on Q2 earnings call

Bengaluru, Ola Electric Chairman and Managing Director Bhavish Aggarwal on Thursday said demand is no longer the electric two-wheeler maker’s constraint; supply is, as the company scales up its dealer network and brings its Auto business down to minimal debt.

“Demand is ahead of supply, and we can sell every vehicle we produce,” Aggarwal said in a letter to shareholders, shared in a post on X.

The bottleneck is not Ola’s own plant, which Aggarwal said in his post already has high installed capacity, but its suppliers. About 5,000 vehicles with paid orders in September were delayed by a week into October because chargers were unavailable.